According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks are 20.04% higher in 2024 versus 2003 (a $4.01 difference in value).
Between 2003 and 2024: Leased cars and trucks experienced an average inflation rate of 0.87% per year. In other words, leased cars and trucks costing $20 in the year 2003 would cost $24.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for leased cars and trucks was lower.
In the year 2003: Pricing changed by -2.28%, which is significantly below the average yearly change for leased cars and trucks during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for leased cars and trucks was much lower.
Below are calculations of equivalent buying power for Leased cars and trucks, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2003 | $20.00 | -2.28% |
2004 | $19.34 | -3.32% |
2005 | $19.15 | -0.94% |
2006 | $19.24 | 0.44% |
2007 | $19.14 | -0.50% |
2008 | $19.64 | 2.61% |
2009 | $21.16 | 7.74% |
2010 | $20.04 | -5.33% |
2011 | $19.50 | -2.68% |
2012 | $18.49 | -5.16% |
2013 | $17.93 | -3.07% |
2014 | $17.52 | -2.26% |
2015 | $17.40 | -0.66% |
2016 | $17.47 | 0.37% |
2017 | $17.52 | 0.31% |
2018 | $18.43 | 5.16% |
2019 | $17.97 | -2.50% |
2020 | $17.55 | -2.30% |
2021 | $16.95 | -3.44% |
2022 | $22.37 | 31.96% |
2023 | $23.90 | 6.88% |
2024 | $24.01 | 0.44%* |
* 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 Leased cars and trucks:
Year | 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 | 100.000 | 99.038 | 96.785 | 93.569 | 92.692 | 93.100 | 92.637 | 95.055 | 102.414 | 96.956 | 94.360 | 89.489 | 86.746 | 84.782 | 84.223 | 84.538 | 84.799 | 89.174 | 86.947 | 84.944 | 82.018 | 108.231 | 115.676 | 116.180 |