According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks were 7.02% lower in 2018 versus 2008 (a $1.40 difference in value).
Between 2008 and 2018: Leased cars and trucks experienced an average inflation rate of -0.73% per year. In other words, leased cars and trucks costing $20 in the year 2008 would cost $18.60 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.51% during this same period, inflation for leased cars and trucks was lower.
In the year 2008: Pricing changed by 2.60%, which is significantly above the average yearly change for leased cars and trucks during the 2008-2018 time period. Compared to inflation for all items in 2008 (3.84%), 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:
Below are calculations of equivalent buying power for Leased cars and trucks, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|