According to the U.S. Bureau of Labor Statistics, prices for new vehicles were 0.34% higher in 2014 versus 2013 (a $0 difference in value).
Between 2013 and 2014: Vehicles experienced an average inflation rate of 0.34% per year. In other words, vehicles costing $1 in the year 2013 would cost $1 in 2014 for an equivalent purchase. Compared to the overall inflation rate of 1.62% during this same period, inflation for vehicles was lower.
In the year 2013: Pricing changed by 1.08%, which is above the average yearly change for vehicles during the 2013-2014 time period. Compared to inflation for all items in 2013 (1.46%), 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 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|