How to do it:
Find a nice and undamaged tire, it can be worn out. Wash it well from the inside and the outside with detergents.
Buy three U-bolts with medium diameter. Drill six holes (two holes on the same distance between each other) based on the chosen fasteners.
Check how much you drilled the holes and make sure that the bolts will fit it.
Paint the tire with spray paint in a nice color and let it dry. Put the U-bolts in the holes.
For the upper part of the swing you will need sturdy chain and fasteners.
Choose a nice montage. To make a strong construction you will need four U-fasteners. So for every U-bolt on the tire you will need to place U-fastener with chain.
On the other side you can connect the chain with the help of one U-fastener. Put inside two more pieces of chain and at the upper end you can place karabiner with screw.
You are done, now you can hand the swing at the desired place!