Quote:
Originally Posted by hackney
If you need tyres, do it soon, prices are set to soar.All the majors are soon to rise their prices.Eg:If you spend say $500 for a set of tyres,it will cost $750.Glad I got mine a few weeks back.
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The extra cost of the approx 31 litres of oil used in a tyre works out to be about $17. But don't let facts get in the way of a good price rise scam.
Speaking of tyre price scams, do people know they supply tyres to OEM's for near cost at between $60-70 a tyre.
Those same tyres sell for retail prices of $300-400, if not more. I know they have buying power when they buy them by the million, but damn that profit margin at retail prices is insane.
They happily sell them at cost to OEM's because of the % of car buyers who go into tyre retailers and say just put whatever is on there from factory back on. It is enough to justify the lack of profit supplying to OEM's. Even it it's only say 20-30% of buyers who do that, it's still a gold mine.