How To Avoid Overspending On Firestone Tires In 2022

Posted on:
January 26, 2022

Posted in:
Tires

Today’s post discusses the rising price of rubber and its impact on Firestone tire costs in 2022- then explains how to save money and combat inflation with the help of your local TIRECRAFT technician.

Read on to learn more, or use the Find a TIRECRAFT tool to begin a Firestone tire consultation straight away.

Firestone Tires Are Increasing Their Prices In 2022, Report Finds

According to a December 2021 report from Tire Business, Canadian consumers can expect to pay up to 14% more on select Bridgestone and Firestone passenger and light truck tires. Bridgestone also plans to increase prices on certain commercial truck tires and retreads.

This will not be the first time Firestone tire costs have increased in the past year. According to Rubber News, prices went up three separate times in 2021 with manufacturers citing “increased business costs and other market dynamics” (Meyer, 2021).

And if you think you can steer clear of these price hikes by switching brands, think again. Firestone is not alone in this decision; Goodyear and Cooper consumer tires increased their prices four times within the past year, not in a bid to make more money, but rather to recover some of the losses imposed by the realities of the rubber industry, where the cost of rubber have more than doubled because of the COVID-19 pandemic.

But if you get your tires from your local TIRECRAFT, you don’t have to worry—not only is our tire selection unmatched, even as COVID-19 continues to disrupt global supply chains, we have plenty of ways to help our customers minimize price hikes. With the help of our cost-control policies and promotions, you’ll not only absorb any price hike—there may even end up being some cost savings!