Actually, the 30 X 9.50 is almost exactly the same diameter as the OEM 265/70 R15 tires (check the tirerack website); the width is slightly less. The 31 X 10.50 is about an additional inch in diameter, and has slight interference problems. I replaced my OEM tires with the Michelin LTX tires in the 30 X 9.50 size. Here are my observations after 3 months on the new tires:
Good: The LTX's have a stiffer sidewall, resulting in significantly better handling. My fuel economy has also increased about 1.5 mpg. The lower rolling resistance is very noticeable. The diameter is virtually the same, so there are no problems with speedometer error, over-gearing, etc. The tire is an LT (light truck) tire with a load range C rating, so it is more rugged, despite the higher weight rating on the OEM tires. The tread is very deep; the tires should last around 80,000 miles. The white lettering on the Michelins adds to the appearance of the X.
Bad: A truck tire is, well, a truck tire. The ride is slightly stiffer. The tread width is about 3/8 inch narrower than the original tires. The section width is about 3/4 inch narrower than the OEM tires. Section width is the maximum distance from sidewall to sidewall. These measurements were done with a simple ruler, so accuracy not guaranteed. The LTX series truck tires have a mostly square cross-section, rather than the oval cross-section of the P series car tires that came with the Xterra. Therefore the new tires appear less aggressive, and more utilitarian (more of a Land Rover appearance).
My opinion? I would definitely choose the 30 X 9.50 Michelin LTX's again.
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2001 XE 4x4 3-pack 5-spd