According to the U.S. Bureau of Labor Statistics, prices for motor vehicle parts and equipment were 22.06% higher in 2017 versus 2006.
Between 2006 and 2017: Car parts experienced an average inflation rate of 1.83% per year. In other words, car parts costing $500 in the year 2006 would cost $610.29 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.79% during this same period, inflation for car parts was similar.
In the year 2006: Pricing changed by 4.78%, above the average yearly change for car parts during the 2006-2017 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: