According to the U.S. Bureau of Labor Statistics, prices for leased cars and trucks are 15.67% higher in 2024 versus 2001 (a $3.13 difference in value).
Between 2001 and 2024: Leased cars and trucks experienced an average inflation rate of 0.64% per year. In other words, leased cars and trucks costing $20 in the year 2001 would cost $23.13 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for leased cars and trucks was lower.
Below are calculations of equivalent buying power for Leased cars and trucks, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2001 | $20.00 | - |
2002 | $19.81 | -0.96% |
2003 | $19.36 | -2.28% |
2004 | $18.71 | -3.32% |
2005 | $18.54 | -0.94% |
2006 | $18.62 | 0.44% |
2007 | $18.53 | -0.50% |
2008 | $19.01 | 2.61% |
2009 | $20.48 | 7.74% |
2010 | $19.39 | -5.33% |
2011 | $18.87 | -2.68% |
2012 | $17.90 | -5.16% |
2013 | $17.35 | -3.07% |
2014 | $16.96 | -2.26% |
2015 | $16.84 | -0.66% |
2016 | $16.91 | 0.37% |
2017 | $16.96 | 0.31% |
2018 | $17.83 | 5.16% |
2019 | $17.39 | -2.50% |
2020 | $16.99 | -2.30% |
2021 | $16.40 | -3.44% |
2022 | $21.65 | 31.96% |
2023 | $23.14 | 6.88% |
2024 | $23.13 | 0.00%* |
* 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 | 115.674 |