According to the U.S. Bureau of Labor Statistics, prices for motor vehicle parts and equipment were 21.67% higher in 2018 versus 2006.
Between 2006 and 2018: Car parts experienced an average inflation rate of 1.65% per year. In other words, car parts costing $500 in the year 2006 would cost $608.36 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.76% during this same period, inflation for car parts was lower.
In the year 2006: Pricing changed by 4.78%, significantly above the average yearly change for car parts during the 2006-2018 time period. Compared to inflation for all items in 2006 (3.23%), price inflation for car parts was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle parts and equipment: