According to the U.S. Bureau of Labor Statistics, prices for used cars and trucks were 387.27% higher in 2018 versus 1952 (a $1,587,811.62 difference in value).
Between 1952 and 2018: Used cars and trucks experienced an average inflation rate of 2.43% per year. This rate of change indicates significant inflation. In other words, used cars and trucks costing $410,000 in the year 1952 would cost $1,997,811.62 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.46% during this same period, inflation for used cars and trucks was lower.
Below are calculations of equivalent buying power for Used cars and trucks, over time, for $410,000 beginning in 1952. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1952 | $410,000.00 | - |
1953 | $385,901.95 | -5.88% |
1954 | $328,266.52 | -14.94% |
1955 | $310,054.17 | -5.55% |
1956 | $298,615.93 | -3.69% |
1957 | $334,263.27 | 11.94% |
1958 | $346,589.92 | 3.69% |
1959 | $387,012.46 | 11.66% |
1960 | $361,692.85 | -6.54% |
1961 | $375,574.21 | 3.84% |
1962 | $409,777.90 | 9.11% |
1963 | $414,775.19 | 1.22% |
1964 | $432,432.29 | 4.26% |
1965 | $429,878.11 | -0.59% |
1966 | $419,106.18 | -2.51% |
1967 | $432,432.29 | 3.18% |
1968 | $443,444.84 | 2.55% |
1969 | $445,758.40 | 0.52% |
1970 | $450,755.69 | 1.12% |
1971 | $476,519.50 | 5.72% |
1972 | $477,296.86 | 0.16% |
1973 | $508,057.96 | 6.44% |
1974 | $529,712.89 | 4.26% |
1975 | $633,101.30 | 19.52% |
1976 | $725,939.87 | 14.66% |
1977 | $790,238.35 | 8.86% |
1978 | $806,229.69 | 2.02% |
1979 | $869,195.56 | 7.81% |
1980 | $899,623.51 | 3.50% |
1981 | $1,110,398.16 | 23.43% |
1982 | $1,281,638.68 | 15.42% |
1983 | $1,425,227.52 | 11.20% |
1984 | $1,624,341.82 | 13.97% |
1985 | $1,641,554.71 | 1.06% |
1986 | $1,570,482.12 | -4.33% |
1987 | $1,632,670.64 | 3.96% |
1988 | $1,703,076.92 | 4.31% |
1989 | $1,738,613.22 | 2.09% |
1990 | $1,697,302.28 | -2.38% |
1991 | $1,705,297.94 | 0.47% |
1992 | $1,778,147.35 | 4.27% |
1993 | $1,932,841.28 | 8.70% |
1994 | $2,045,113.76 | 5.81% |
1995 | $2,258,664.68 | 10.44% |
1996 | $2,267,104.55 | 0.37% |
1997 | $2,181,706.39 | -3.77% |
1998 | $2,174,265.98 | -0.34% |
1999 | $2,194,810.40 | 0.94% |
2000 | $2,248,670.10 | 2.45% |
2001 | $2,291,091.55 | 1.89% |
2002 | $2,194,033.04 | -4.24% |
2003 | $2,063,215.06 | -5.96% |
2004 | $1,924,734.56 | -6.71% |
2005 | $2,013,020.04 | 4.59% |
2006 | $2,021,015.71 | 0.40% |
2007 | $1,959,723.37 | -3.03% |
2008 | $1,933,801.87 | -1.32% |
2009 | $1,833,057.58 | -5.21% |
2010 | $2,066,285.62 | 12.72% |
2011 | $2,151,208.48 | 4.11% |
2012 | $2,170,259.26 | 0.89% |
2013 | $2,163,859.40 | -0.29% |
2014 | $2,152,410.05 | -0.53% |
2015 | $2,123,908.83 | -1.32% |
2016 | $2,071,486.13 | -2.47% |
2017 | $1,995,992.61 | -3.64% |
2018 | $1,997,811.62 | 0.09% |
2019 | $2,017,706.39 | 1.00% |
2020 | $2,082,067.06 | 3.19% |
2021 | $2,636,535.43 | 26.63% |
2022 | $2,972,617.71 | 12.75% |
2023 | $2,760,600.41 | -7.13% |
2024 | $2,600,068.90 | -5.82%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Used cars and trucks:
Year | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 28.400 | 26.731 | 22.738 | 21.477 | 20.685 | 23.154 | 24.008 | 26.808 | 25.054 | 26.015 | 28.385 | 28.731 | 29.954 | 29.777 | 29.031 | 29.954 | 30.717 | 30.877 | 31.223 | 33.008 | 33.062 | 35.192 | 36.692 | 43.854 | 50.285 | 54.738 | 55.846 | 60.208 | 62.315 | 76.915 | 88.777 | 98.723 | 112.515 | 113.708 | 108.785 | 113.092 | 117.969 | 120.431 | 117.569 | 118.123 | 123.169 | 133.885 | 141.662 | 156.454 | 157.038 | 151.123 | 150.608 | 152.031 | 155.762 | 158.700 | 151.977 | 142.915 | 133.323 | 139.438 | 139.992 | 135.747 | 133.951 | 126.973 | 143.128 | 149.011 | 150.330 | 149.887 | 149.094 | 147.120 | 143.488 | 138.259 | 138.385 | 139.763 | 144.221 | 182.628 | 205.908 | 191.222 | 180.102 |