Truck Tire Cost Calculator
Calculate per-mile tire cost including retreads for fleet budgeting.
Inputs
$
$
mi
mi
mi
Results
Tire Cost per Mile
$0.04
Annual Tire Cost
$4,999.00
≈ 5 smartphones
Monthly Tire Cost$417.00
Cost/Mile/Tire$0.00
Lifecycle Cost/Tire$810.00
Lifecycle Miles/Tire350,000 mi
Tires Needed/Year6.2
Retreads Needed/Year12.3
Annual Retread Savings$1,481.00
How to Use This Calculator
- Enter the New Tire Price and Retread Price per tire.
- Set the Number of Tires on the truck/trailer combination.
- Enter Expected Mileage from a new tire and Retread Mileage per recap.
- Set the number of Retreads per Tire and Annual Miles driven.
- Review Tire Cost per Mile, Annual Tire Cost, and Monthly Tire Cost for fleet budgeting.
How the result changes with Number of Tires
| Number of Tires | Tire Cost per Mile | Annual Tire Cost |
|---|---|---|
| 6.2 | $0.01 | $1,722.00 |
| 12 | $0.03 | $3,333.00 |
| 18 | $0.04 | $4,999.00 |
| 24 | $0.06 | $6,665.00 |
What each input means
- New Tire Price
- Cost of a new commercial truck tire.
- Retread Price
- Cost to retread one tire.
- Number of Tires
- Total number of tires on the truck/trailer combination.
- New Tire Mileage
- Expected miles from a new tire before retreading.
- Retread Mileage
- Expected miles from a retreaded tire.
- Retreads per Tire
- Number of times each tire can be retreaded.
- Annual Miles
- Annual miles driven by the truck.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersNew Tire Price = 450, Retread Price = 180, Number of Tires = 18, New Tire Mileage = 150000 = 7 input(s) provided
- Calculate Tire Cost per MileTire Cost per Mile0.042 = $0.042
- Calculate Annual Tire CostAnnual Tire Cost4999 = $4,999
- Calculate Monthly Tire CostMonthly Tire Cost417 = $417
- Calculate Cost/Mile/TireCost/Mile/Tire0.0023 = $0.002
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