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There is a growing need for the accurate Computer Aided Engineering (CAE) models for vehicle performance evaluation. The reduced product development time and complexity of the vehicle evaluation demands accurate prediction with CAE models. Vehicle dynamics performance evaluation is very critical in vehicle development process, which require very accurate vehicle and tire models. The tire characteristics are represented as mathematical, physics based and empirical models. There are different types of tire models exist like Fiala, PAC, SWIFT and FTire etc, which can be used for vehicle handling, ride and steering performance evaluation. There is a need to study and understand these tire models before applying to specific vehicle dynamic performance. There is a challenge to get the tire models as tire modeling require lot of tests and time consuming.