According to the U.S. Bureau of Labor Statistics, prices for used cars and trucks were 10.07% higher in 2019 versus 2009 (a $2.01 difference in value).
Between 2009 and 2019: Used cars and trucks experienced an average inflation rate of 0.96% per year. In other words, used cars and trucks costing $20 in the year 2009 would cost $22.01 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.77% during this same period, inflation for used cars and trucks was lower.
In the year 2009: Pricing changed by -5.21%, which is significantly below the average yearly change for used cars and trucks during the 2009-2019 time period. Compared to inflation for all items in 2009 (-0.36%), inflation for used cars and trucks was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Used cars and trucks:
Below are calculations of equivalent buying power for Used cars and trucks, over time, for $20 beginning in 2009. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|