According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks were 12.55% lower in 2017 versus 2003.
Between 2003 and 2017: Leased cars and trucks experienced an average inflation rate of -0.95% per year. In other words, leased cars and trucks costing $20 in the year 2003 would cost $17.49 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.07% during this same period, inflation for leased cars and trucks was significantly lower.
In the year 2003: Pricing changed by -2.28%, below the average yearly change for leased cars and trucks during the 2003-2017 time period. Compared to inflation for all items in 2003 (2.27%), price inflation for leased cars and trucks was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Leased cars and trucks: