According to the U.S. Bureau of Labor Statistics, prices for new vehicles were 1.08% higher in 2013 versus 2012 (a $0.01 difference in value).
Between 2012 and 2013: Vehicles experienced an average inflation rate of 1.08% per year. In other words, vehicles costing $1 in the year 2012 would cost $1.01 in 2013 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for vehicles was lower.
In the year 2012: Pricing changed by 1.66%, which is above the average yearly change for vehicles during the 2012-2013 time period. Compared to inflation for all items in 2012 (2.07%), inflation for vehicles was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for New vehicles:
Below are calculations of equivalent buying power for Vehicles, over time, for $1 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|