According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks were 1.81% lower in 2020 versus 2019 (a $0.36 difference in value).
Between 2019 and 2020: Leased cars and trucks experienced an average inflation rate of -1.81% per year. In other words, leased cars and trucks costing $20 in the year 2019 would cost $19.64 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.03% during this same period, inflation for leased cars and trucks was lower.
In the year 2019: Pricing changed by -2.50%, which is below the average yearly change for leased cars and trucks during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for leased cars and trucks was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Leased cars and trucks:
Below are calculations of equivalent buying power for Leased cars and trucks, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|