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Discussion Starter #1
I tried to think of a good way to post this without it sounding like an advertisement or pressure to buy something... just take the information for what it's worth and try not to read anything into it. I'm only posting this because we get lots of customers asking "is XYZ going to be on sale next month" and lately we've had bad news for them.

I got word the other day that Fabtech is going to be raising prices a minimum of 5% across the board due to a 14% increase in the cost of steel and other materials. CST is doing some "restructuring" with their prices too. That means other companies (and not just suspension companies) are either already enacting/planning something similar or will consider a price increase after Fabtech announces theres. A 5% increase might not sound like much but it's probably just the beginning. UPS and FedEx will also be increasing their rates because fuel costs are still going up with a $3.00 per gallon cost expected by summer. I don't really care what you buy or who you buy it from, if you've been considering a mod or two you might want to act sooner rather than later. If you don't have the cash now I'd suggest talking to your local dealers about locking todays pricing in for a month or two. A 10 to 20% increase in operating costs for these big companies is going to be made up by charging you more for goods...

Jeff @ PLC
www.PerformanceLifts.com
 

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Badassilverado said:
Thanks for the info Jeff, appreciate you letting us know! :bowtie:
:word: Thanks for the heads up Jeff. That really sucks. I hope if things do go up, it dosnt stay that way for long.

Any kind of time frame we are looking at here? Weeks? Months?

Thanks for spreading the word.


BD
 

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Discussion Starter #4
Fabtech should have the price increase in place by April. I saw the new CST price guide and most of their kits have been increased to. And it's a PERMANENT price increase. This is not just a little temporary bump in pricing, this is for the long haul.

I know that Full Force Suspension has just bumped their prices 15% because their steel cost rose that amount. I think every kit manufacturer is going to be doing some serious bean counting before summer time and most will probably raise their rates between 5 and 15%.

Jeff @ PLC
 

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a.k.a. turbodan
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Why? thats all i got to say. i really have a hard time living by myself as it is, let alone when everything is getting a price increase.
 

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Discussion Starter #6
The reason the price of steel has gone up recently is because more and more US steel mills are being driven out of business by EPA regulations and competition from foreign mills. The foreign mills were for a long time offering the same products for less money and that basically drove some of the US mills out of business. Now that there is even less US competition it's your common supply and demand scenario. The demand is still good, the supply is being controlled (limited) by the mills and the price is artifically high. If Fabtech is paying 14% more for the steel used in their kits they have to raise prices to remain profitable and raising the prices of their products 5% seems pretty fair to me. I've been buying up all the 4130 and cold rold sheet steel I can and the prices have seriously jumped from last year. A front to rear roll cage that might have cost $500.00 in materials last year is easily $700.00 this year for the same tube / sheet.

Jeff @ PLC
www.PerformanceLifts.com
 

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GMFS slowest truck :read:
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Looks like its a good thing my buddy went ahead and ordered his fabtec kit the other day...i was thinkin it might be better to have him wait a lil bit cuz his truck is still under warrenty...but i guess it did save him a lil bit of money...and i guess 5% is fair overall...but i still don't like the price increases...
 
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