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Tire prices
#1

Just replaced the tires on our SUV with the exact same brand / model as the set we had on since 2008.

( Yokos - geolander ) The price is 45 % higher then it was 6 years ago ! Why is that, certainly it's not inflation ( ha, no pun intended ), this is not a newly developed, better engineered, or higher-end version of the old model, the mfg process advances since then should enable an even more economical production of the tires, and the dollar - yen exchange ( assuming they are manufactured in Japan ? ) rate is actually more favorable than it was I. 2008, so what's driving the price up as much as it is ?

That said, the last set served us well for over 56, 000 miles, so decent value for the price but still not sure whether there is a reason behind the cost surge or it's just one of those " hey, people seem to buy them at this price, so why not ?! " scenarios ..
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#2

could it be the price of oil? transportation cost are higher as the price of oil is higher?
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#3

As I recall, oil was hovering near $150 a barrel in 2008, where it's close to $100/barrel today. Oil has actually been fairly stable for the last few years, but I don't have an alternate theory as to the price of tires, I'm afraid.
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#4

Da can you say Federal Reserve dumping dollars into the economy! Your wrong about inflation. It is just not accurately reported. Liberal pysdo democratic intelligencia is unable to report the truth or real facts. Geez a set of Hoosiers only costs $1500 so what's the problem! Lol
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#5

Aha! Two mysteries simultaneously solved! 1) Where is the money the federal reserves is supposedly dumping "into the economy" actually going (not into my bank account, that's for dern sure)?, and 2) How can Rap afford to run Hoosiers on his DE car? It all makes perfect sense now!
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#6

That's it, those liberal " pysdos " are the ones to blame for our tire prices :-)
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#7

Rap can't afford to run Hoosiers and the money is going to the banks!
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#8

Costs of many things that have more intrinsic value, such as land, gold and other minerals/elements, water, energy in general, (oil was priced high, but is still much higher than 2000) real food and other valuables have gone up in the last 6 years. Things such as junk you buy at walmart, shopping network, knick nacks and other crap continue to go down or stabilize. Labour is the one exception, we need it but there has been great pressure by the middle class to keep it down so that you can get 1 dollar hamburgers a McDonalds, and keep your 401k stock profits high that carry the McDs stock.



Way I look at it, things people really need go up, but other stuff doesn't and we are told their is no inflation. Think how your grandparents or great grandparents lived 70 years ago, what did they buy, core essentials, those are the prices to watch.



Anyways enough of a rant <img src="/forum/images/smilies/968/smile.png" class="smilie" alt="" /> I suspect tire prices are higher because over the last 5+ years, manufactures of real things have kept them low in order to survive, maybe even to just keep market, but loose cash. They may see the economy as better and need to raise prices to start increasing some profit.



Not everything is about cost of materials+labor+ 5% pr less profit, look at apple <img src="/forum/images/smilies/968/smile.png" class="smilie" alt="" />
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#9

I'm not sure I buy the premise that tire prices in general have gone up faster than other "core items." In fact, with the emergence of various online tire retailers, I'm going to guess than on average, tires haven't gone up a whole lot in the last 6 years. Maybe Yokohama is trying to phase out the Geolander, but their retailers are putting pressure on them to continue manufacturing it, because it's a popular model, so Yokohama is responding by raising the prices. Happens in my industry all the time. I just paid $150 apiece for a set of 17" top-rated BF Goodrich G-Force Rivals (after BFG's $70 Mastercard promotion), which isn't any more than I paid for comparable tires many years ago. In fact, given how much grippier the Rivals are reported to be, I'd say I got way more for my money than, say, on the now-defunct Goodyear GS-D3's I bought soon after I bought the car many years ago.



And yes, Rap, I understand the money the Fed prints goes into the banks. And then it sits there. I never makes it "into the economy" (although I still suspect you somehow have an inside line that channels some of it into new trannies and Hoosiers, lol). QE1 & 2 has propped up the stock market by keeping interest rates low, thus making the stock market the only game in town for anyone seeking more that a 1.2% return on their money, but it has had zero impact on the price of goods, or much of anything else that matters.
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#10

lol - rap - it's not the liberals screwing around with the economy. you can blame that one on the richy rich republicans that insist on making as much money as they can off of the working class. as soon as we stop letting them gamble on futures, and limit how much a company or an individual can make (yes, i'm really a socialist), things would settle down. won't likely happen though, as the people who can make those decisions are exactly the ones causing the problem. same reason we are stuck with the prison system we have, instead of compiling all prisons into one large one. same reason we are stuck allowing the pharmaceutical industry to continue to rape the public by selling them drugs that don't work and end up in lawsuits. the only ones benefitting from this stuff are the ones involved in it. that's why capitalism is historically doomed to fail, as is socialism. greed always distills things to a small group of those with ultimate power.



rant over. this is about tires.



i have not observed much of an increase in tire pricing. it has kept up with the rate of inflation, but i don't think it has outpaced it. i think this was more of an isolated incident. that happens.
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94 Midnight Metallic Blue Cab Porsche 968 w/deviating cashmere/black interior and WAY too many mods to list - thanks to eric for creating www.968forums.com



"It isn't nearly as expensive to do it right as it is to do it wrong."
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#11

[quote name='Rap' timestamp='1408243951' post='161251']Da can you say Federal Reserve dumping dollars into the economy! Your wrong about inflation. It is just not accurately reported. Liberal pysdo democratic intelligencia is unable to report the truth or real facts. Geez a set of Hoosiers only costs $1500 so what's the problem! Lol[/quote]





Did you learn that on FOX News?
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#12

Possible the Yokohama Geolnder is among only a very few cases where prices have gone up by that much. I'll have to check the Michelin PS2 which I also bought in 2008 and see how much they are today ( assuming they're still producing those )
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#13

lol - i don't know anybody who doesn't laugh when they see the nonsense on fox
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94 Midnight Metallic Blue Cab Porsche 968 w/deviating cashmere/black interior and WAY too many mods to list - thanks to eric for creating www.968forums.com



"It isn't nearly as expensive to do it right as it is to do it wrong."
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#14

or msnbc. The writers for the late-night comics couldn't do a better job than these clowns.
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#15

For news I go straight to Jon Stewart and The Daily Show! If news is going to be slanted by whomever is disseminating it, might as well get a few laughs. And, to get this thread back on track, the price of watching is the same as it was five years ago. And I never "tire" of the show. lol



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#16

Actually I gather my news and info from a variety of sources. I wake up to NPR, have for years. Veggies are a core item and they certainly are more expensive and that predates ca's water crisis
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#17

I know how much we all want to blame the rich Republicans, the free market, and in particular George Bush, but it really isn't their fault. I can't even blame the poor Democrats, like Hillary, that don't control anything, but always seem to have plenty of money. No, it is actually the price of commodities like rubber. The tire industry consumes 60% of the worlds rubber. Car production is up throughout the world, thus, OEM tires consume much of the supply. Like magic, the prices will rise, supply and demand.



I guess the alternative would be to socialize tire production. Then the tires would be cheaper, you just wouldn't be able to buy them. The socialism route works so well in Venezuela they even took control of the toilet paper factory. Yep, lets nationalize this stuff!
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#18

The Michelin PS2 prices are only about 5 % more than they were five years ago, so if the price of rubber or its production is what's driving the cost up by 45 % since then, someone forgot to tell the folks at Michelin. Should have looked into a set of those for the SUV.. Then again it could be that they are 15s and I suspect there simply isn't that much variety of tires made for 15 inch rims ( on a SUV anyway ) so maybe you have to pay a lot more for anything that's no longer a popular size.
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#19

Obviously, there are many things that go into each manufacture's pricing structure. How hard they are trying to compete, manufacturing margins, production capacity, commodity price predictions, the demand for a particular tire, etc. My general point is, tire prices are not a grand conspiracy by rich Republicans trying to screw the average guy. They respond to the market, and that is good.
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#20

Thank god it's finally confirmed that rich republicans are not to blame for escalating tire prices. Probably for anything else either, other than bad press. WJH you are an insightful man. Others should take note of this and learn. Just one question, why are Hoosiers so expensive? If I had to guess it would be the democratic union members and their benefits!!!!! Lol
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