According to the U.S. Bureau of Labor Statistics, prices for motor vehicle parts and equipment were 6.92% higher in 2018 versus 2009 (a $34.61 difference in value).
Between 2009 and 2018: Car parts experienced an average inflation rate of 0.75% per year. In other words, car parts costing $500 in the year 2009 would cost $534.61 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.74% during this same period, inflation for car parts was lower.
In the year 2009: Pricing changed by 4.12%, which is significantly above the average yearly change for car parts during the 2009-2018 time period. Compared to inflation for all items in 2009 (-0.36%), inflation for car parts was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle parts and equipment:
Below are calculations of equivalent buying power for Car parts, over time, for $500 beginning in 2009. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|