The price is right for retreads | 2010-02-03 | Modern Tire Dealer
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The price is right for retreads
Exactly what is the difference between the selling price of a new medium truck tire and its retreaded counterpart? Just how good a deal is a retread versus a new tire?
Modern Tire Dealer looks at comparable pricing in its 2010 Facts Issue. Here are two examples:
1. The average selling price for an 11R22.5 tire last year was $378.34. The same size retread -- including the casing -- sold for $183.11.
2. The average selling price for an 11R24.5 tire was $385.41. The comparable 11R24.5 retread sold for $187.67.
So fleet owners spend close to 51% less on a retread than they do on a comparable new tire. Looking at it another way, they spend more than twice as much on a new tire than they do on a retread.
For more information on the makeup of domestic retreading, read MTD's 2010 Facts Issue.