According to the U.S. Bureau of Labor Statistics, prices for motor vehicle parts and equipment were 0.76% lower in 2017 versus 2015.
Between 2015 and 2017: Car parts experienced an average inflation rate of -0.38% per year. In other words, car parts costing $500 in the year 2015 would cost $496.19 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.67% during this same period, inflation for car parts was lower.
In the year 2015: Pricing changed by -0.41%, below the average yearly change for car parts during the 2015-2017 time period. Compared to inflation for all items in 2015 (0.12%), price inflation for car parts was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle parts and equipment: