According to the U.S. Bureau of Labor Statistics, prices for motor vehicle parts and equipment were 27.76% lower in 1982 versus 2017.
Between 1982 and 2017: Car parts experienced an average inflation rate of 0.93% per year. In other words, car parts costing $500 in the year 1982 would cost $692.10 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.69% during this same period, car parts inflation was lower.
In the year 1982: Pricing changed by 2.46%, above the average yearly change for car parts during the 1982-2017 time period. Compared to overall inflation for all items in 1982 (5.78%), price inflation for car parts was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle parts and equipment: