If you need a set of tires for your car but don't know if you can afford them right now, you'll be happy to know that, fortunately, most tire distributors offer financing options that will allow you to purchase your tires now and pay over time. Tire financing also allows car and truck owners to upgrade to a higher-quality tire to save wear and tear on their vehicles. A little preparation and a few simple steps can have your car or truck rolling on a new set of tires soon.
Before you head to the tire store decide how much you can afford in monthly payments as well as how much you want to spend in total.
Research tire distributors for selection and financing options. This includes local distributors as well as online sellers. Online tire distributors often have a wide selection of merchandise available but might not offer the same deals as local sellers, so it's worth checking both. Also, be sure to check on shipping costs with online sellers, because this cost might be financed into the total and make a significant addition to your payments. Brick-and-mortar stores typically offer installation, but if you're buying online, you'll also need to consider the cost of hiring someone to install the tires unless you plan to install them on your own.
Select a tire distributor that meets your needs. Don't be afraid to ask as many questions as necessary to ensure that you are getting the best deal possible. Online tire distributors generally make themselves available for questions via both email and phone, while local sellers can usually be reached with an in-person visit or a phone call.
Choose a financing option. Most tire distributors offer financing options that allow you to spread your payments over 3, 6 or 12 months. A fourth option is to apply for the distributor's credit card to pay for the tires. Typically, these credit cards offer low-to-no interest financing options as long as you pay off the tires within a specified time---typically 6 to 18 months.
Tips & Warnings
- Shop around for different promotions. Tire promotions are fairly competitive, particularly among online distributors, so you're sure to find the price that you want. Don't be afraid to ask about price matching. It's possible that one distributor will have the tires you want while another will have the price you prefer. Be sure to see if the distributor with the tires you want will match the cost from the other distributor. When purchasing tires online, be sure to research available reviews to see what other consumers had to say.
- Read the fine print. All financing comes with strings attached, and tire financing is no different. Be sure to read the details about payment dates and penalties to make sure that you do not inadvertently incur extra cost.
How to Apply for a Canadian Tire Credit Card
Canadian Tire is a franchise-based Canadian retailer found in every province in Canada. The company also owns its own bank under the...
How to Finance a Fifth Wheel Camper
A fifth wheel camper is towed by a truck to which it's connected by a hitch in the truck's bed. With a...
How to Make a Payment Online With an NTB Card
The NTB (National Tire and Battery) card lets you pay for important services or maintenance for your vehicle at any Tire Kingdom...
How to Finance Cheap Rims
Whether buying rims for your personal automobile or to stock a specialty tire and rim shop, purchasing rims can be expensive, even...
- How Do I Start a Tire Shop Business?
- How to Start a Rim Shop
How to Finance a Rim & Tire Package
One way to customize your automobile is to install new tires and rims. Because rims are sized for particular wheels, many retailers...
How to Know If a Car Needs New Tires
If a car needs new tires, the wear bars that run horizontally across a tire tread will become visible. Find out how...