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Old 18-10-2015, 05:37 PM   #1
Matty4
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Default Valuing secondhand tyres

Looking at some secondhand tyres that have done around 10K.
They would still be roadworthy with plenty of tread left.

How would you value them?
A percentage of their original new price, or just a really low price due to them being secondhand.

Cheers.
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Old 18-10-2015, 06:03 PM   #2
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Default Re: Valuing secondhand tyres

Quote:
Originally Posted by Matty4 View Post
Looking at some secondhand tyres that have done around 10K.
They would still be roadworthy with plenty of tread left.

How would you value them?
A percentage of their original new price, or just a really low price due to them being secondhand.

Cheers.
First thing look at the manufacture date as old can be as bad or worse than worn
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Old 18-10-2015, 06:19 PM   #3
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Default Re: Valuing secondhand tyres

They're worth bugger all

As above check the production date and wear and work that off say 50% of the replacement cost, you really don't want to place too much value in them (or faith for that matter)
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Old 18-10-2015, 06:36 PM   #4
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Default Re: Valuing secondhand tyres

I bought some cheap used tyres before, by the time I took them to a tyre place and paid for fitting and balancing they weren't that much of a saving, beware.
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Old 18-10-2015, 06:59 PM   #5
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Default Re: Valuing secondhand tyres

I was also going to say to check manufacture date first and foremost. How have they been stored? This is a topic that is heatedly debated between my father and I, personally I would never buy used tyres but he does and hasn't had any issues.

If they were manufactured more than five years ago and/or have been sitting more than two years, walk away. If theyve been stored on the ground out in the weather I would also walk. Inspect the rubber for cracks, hardness, etc.
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Old 18-10-2015, 08:39 PM   #6
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Default Re: Valuing secondhand tyres

I would not bother buying new fitting and balancing is often included in the price, even pf you buy them at half price by the time you add 4 x fitting and balancing and disposal of old tyres you could have bought brand new anyway.
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Old 18-10-2015, 09:01 PM   #7
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Default Re: Valuing secondhand tyres

Also, can you really tell that they have done 10,000 kilometers, or is the tyre shop just claiming that?
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Old 18-10-2015, 10:13 PM   #8
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Default Re: Valuing secondhand tyres

Yes, definitely look at age.
Also consider the source. I fitted bigger (and better tyres) to my TTG and immediately sold the others as they were were in good nick.
A wrecker, selling wheels and/or tyres from wrecks is also ok.
However when you have a "shop" selling heaps of 2nd hand tyres, you must ask WHERE they came from. When "low km" cars are dismantled o/s (eg Japan) and their engines and parts shipped here, the tyres are used as dunnage. Ie they are used as padding in sea containers for the engines etc. Bad News, as the sidewalls will be knackered.

As to value, make sure you factor in cost of fitting & balancing, to get a TOTAL cost. Then look at how much USABLE tread there is (ie how long till the lowest part hits below legal.) So lets say usable tread is 50% of new.
If the TOTAL cost is 50% of new, that is only breaking even, and NOT worth doing for the risk, lack of choice, warranty etc.
Ideally, I would be looking for tyres with around 75% usable tread, and in TOTAL would not pay more than 40~50% of new.
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Old 18-10-2015, 10:24 PM   #9
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Default Re: Valuing secondhand tyres

They're for sale by a member of another forum I'm on.
He replaced them with bigger tyres after 10K.
A new set would cost around $1300.
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Old 18-10-2015, 11:25 PM   #10
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Default Re: Valuing secondhand tyres

Quote:
Originally Posted by Matty4 View Post
They're for sale by a member of another forum I'm on.
He replaced them with bigger tyres after 10K.
A new set would cost around $1300.
offer him three chickens and a goat

*extra points for boy goat
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Old 18-10-2015, 11:33 PM   #11
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Default Re: Valuing secondhand tyres

Another thing to consider, even assuming that the tyres are of recent manufacture, and worn evenly, is that not all of the tread is usable anyway. As far as I can tell new tyres have about 8 mm of tread depth. And lots of websites seem to suggest that about 2 mm is the minimum safe tread depth, although if you often drive in heavy rain 3 mm would probably be better... So if we call it 2.5 mm then a new tyre has 5.5 mm of wear left in it. So a formula...

New tyre is $325 fitted and balance ($1300 divided by 4)
(Check above on ebay to make sure you can't get a better deal as well)
Less $25 for fitting and balancing and disposal of old tyre -> $300.
Less $45 for each mm of tread depth under 8 mm means you break even.
Less about $10 per tyre for inconvenience since you'd probably have to go and fetch them, and then wait around at the tyre shop since they may not 'serve' you as fast as someone buying a nice new set.
So $800 for a set with 6 mm tread would be break even.
And if you want to show a profit of at least $100 on the deal then I'd say $700 max if they all have a good 6 mm tread or more.

For 5 mm of tread it'd be $520.

And for 4 mm of tread it'd be $340
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Old 19-10-2015, 06:46 AM   #12
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Default Re: Valuing secondhand tyres

^^ pretty much

Though I was thinking $300 tops
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Old 19-10-2015, 08:38 AM   #13
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Default Re: Valuing secondhand tyres

Yeah, that's pretty close to the number I had in my head too.
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Old 19-10-2015, 11:56 AM   #14
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Default Re: Valuing secondhand tyres

Not too bad if rims came with them . So it's a plug and play package .. Think about 1300 could buy new wheels and tyres yourself ??
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Old 19-10-2015, 02:30 PM   #15
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Default Re: Valuing secondhand tyres

Like others i dont put a lot of value on second handys , they are a bit of an unknown quantity,
but i look at it that if the tyre has 50 % tread left ........ really it has 35 % tread left, because id say most of us do not want to run their treads down to bald.
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Old 20-10-2015, 01:02 PM   #16
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Default Re: Valuing secondhand tyres

My AU used to scrub out the inside edge of the rear tyres after lowering.
Due to some other circumstances, it took me close to a year before I could rectify this.

In the meantime, I purchased second-hand tyres on a few occasions from a local used-tyre shop.
They were usually Bridgestone Potenza's or Turanza's.
They had a whole shelf of them you could choose from. Some looked near new, some with only a few mm of tread left with prices (for a 17/45/245 size) ranging from $25-40ea depending on condition. That price included balancing and fitting.

I always thought it was very good value, especially seeing as I knew Id be chewing them out in no time anyway.
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Old 21-10-2015, 10:47 AM   #17
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Default Re: Valuing secondhand tyres

He wants $250 each!!!
In the words of the great Daryl Kerrigan, "tell him he's dreaming".

I think he'll be keeping them for a while.
Great advice
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Old 21-10-2015, 11:48 AM   #18
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Default Re: Valuing secondhand tyres

Lol wut? Dreaming indeed......
Unless they're racing slicks or something, they're worth maybe max $50ea depending on model/condition.
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