According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks were 8.64% lower in 2017 versus 2007.
Between 2007 and 2017: Leased cars and trucks experienced an average inflation rate of -0.90% per year. In other words, leased cars and trucks costing $20 in the year 2007 would cost $18.27 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.68% during this same period, inflation for leased cars and trucks was lower.
In the year 2007: Pricing changed by -0.50%, above the average yearly change for leased cars and trucks during the 2007-2017 time period. Compared to inflation for all items in 2007 (2.85%), 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: