Custom Made Trailer Pricing Trends
You may or may not know but the price of custom made trailers has increased recently. We are all used to a gradual rise in the cost of goods year on year. However, the recent increase in costs is certainly not in line with this expected trend.
And, quite rightly many of our customers are asking why?
So, Why Has The Price Of Trailers Gone Up Recently?
The answer, in a nutshell, is that the price of pretty much everything has gone up recently. But that’s not very helpful, so let’s elaborate:
The cost price of producing high-quality trailers has dramatically increased in a relatively short space of time. We can break this down to give you a better idea of what is going on behind the scenes:
What Materials Have Increased In Price Recently?
It seems that we receive notifications every couple of weeks from our suppliers that their prices are increasing. Within the last few months (as with many industries) we have seen our supplier’s price of materials skyrocket as the availability plummets.
For example. In the last quarter our supplier prices for :
Metals and aluminium have risen by 25%
Trailer axles by 10%
Galvanised Steel by 25%
Wheels by 20%
Lighting kits by 20%
And copper cabling: 20%
Why Have Trailer Material And Product Prices Increased?
A good question, and one we have been asking our suppliers and contacts in the industry in general. The answers we are getting back vary greatly and appear to be much more complex than the question. They are centred on current difficulties in supply and demand. For a really in-depth review of the commodities market, you can see This Article on The Live Mint.
Why Has The Price Of Trailers Gone Up – Import Complications
When we ask the question “Why has the price of trailers gone up?” many suppliers mention imports. It’s not as simple as blaming Brexit, although it is a major contributing factor. There are now problems throughout the supply chain and with imports through customs. These all have a ‘knock-on effect’ on the pricing of imported materials.
Why Has The Price Of Trailers Gone Up – Supply Chain Problems
Covid and the resulting lockdowns have also contributed to rising costs. With factories closing throughout the supply chain at there are now major production delays and restrictions on supply. Sawmills, Steel production plants etc. are still in recovery.
Why Has The Price Of Trailers Gone Up – Difficulties With Demand
The awareness of difficulties in supply (the toilet roll effect) and a rising need for the materials now mean that demand has greatly increased. This occurred at the same time as the reduction in supply. Other markets require very similar materials and products. For example, the motorhome and building industries are now booming. This is adding great weight to the demand.
What are we doing about it?
SB Trailers is a small, family-owned business. We want to put our customers first. We concentrate on the quality of our service/ product over profit margins and stakeholders share pricing. Yet, to keep our doors open our prices have to increase in line with our costs.
The silver lining here is that we are in constant contact with all our suppliers (even potential suppliers). Not only are we tracking the cost pricing on all our materials but we are reviewing them regularly based on a cost/ quality balance.
We should note that we will never compromise on quality in favour of cheaper, inferior materials. We prefer to intelligently assess our services and suppliers on a regular basis.
For many of our materials, we use local small businesses, with whom we have close working relationships. They know our needs inside out, so have the greatest insights into how changes in the market will affect our business and pricing. Therefore, we are able to predict and alter our pricing. This allows us to provide you with the most accurate quotes for custom-built trailers possible.
We would never take advantage of our customers but want you to be well informed of what is going on in our industry. Supply chain problems are now leading to product shortages and potentially longer lead times on the products we use.
This is where our live quote form comes in.
Our Live Quote Form is constantly being updated. Price fluctuations and current delivery times are changed daily. This means that you can instantly see exactly how much your dream trailer build will cost you and when you will receive it.
For a live quote for your custom trailer build please visit our trailer build website here.
How Long Do You Expect Price Increases To Last?
We aren’t going to give you the ‘how long is a piece of string’ response. However, none of our suppliers could give us an answer. Nobody really knows. We estimate at least a couple of years but will be doing our best to keep our prices down and our quality up.
For The Best Trailer Pricing Get Your Order In ASAP
Based on this we would recommend that if you are looking for any type of custom made catering or box trailer you get in touch as soon as possible. Your first port of call should be our Instant Quote Form, then email us if you have further questions or need more information.
We will do the best we can to provide you with the lowest price and highest quality trailer available based on your individual requirements.
You can always check back with our Custom Made Trailer News page for further updates
*N.B. Percentage increases are a general estimation and are only accurate at the time of publication. Information was gathered from our industry suppliers.