According to the U.S. Bureau of Labor Statistics, prices for motor vehicle parts and equipment were 0.34% higher in 2011 versus 2017.
Between 2011 and 2017: Car parts experienced an average inflation rate of -0.06% per year. In other words, car parts costing $500 in the year 2011 would cost $498.32 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.41% during this same period, car parts inflation was lower.
In the year 2011: Pricing changed by 4.80%, significantly above the average yearly change for car parts during the 2011-2017 time period. Compared to overall inflation for all items in 2011 (3.06%), 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: