According to the U.S. Bureau of Labor Statistics, prices for motor vehicle parts and equipment were 29.65% lower in 1990 versus 2017.
Between 1990 and 2017: Car parts experienced an average inflation rate of 1.31% per year. In other words, car parts costing $500 in the year 1990 would cost $710.73 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.35% during this same period, car parts inflation was lower.
In the year 1990: Pricing changed by 0.68%, below the average yearly change for car parts during the 1990-2017 time period. Compared to overall inflation for all items in 1990 (5.12%), 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: