According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks were 14.54% lower in 2017 versus 2002.
Between 2002 and 2017: Leased cars and trucks experienced an average inflation rate of -1.04% per year. In other words, leased cars and trucks costing $20 in the year 2002 would cost $17.09 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.08% during this same period, inflation for leased cars and trucks was significantly lower.
In the year 2002: Pricing changed by -0.96%, above the average yearly change for leased cars and trucks during the 2002-2017 time period. Compared to inflation for all items in 2002 (1.59%), price inflation for leased cars and trucks was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Leased cars and trucks: