What do car tires really cost (wholesale)?
Anyone ever work in the biz who would know the answer? I got a set of Michelin LTX M/S installed w/lifetime balancing but only pro-rated warranty today for $460 (tax included). That was about 140 bucks less than the original quote I got at another store.
But, I remember a friend once telling me about a friend of that friend who worked at a tire store and that tires really only cost like 15 bucks wholesale.
Anyone have a clue? Clearly, the store has to pay for electricity, salary for several salespeople, and about 10 guys out on the floor....so a $100/ea tire must have considerable markup for the store to be profitable.
Anyone know about car tire wholesale?