According to the U.S. Bureau of Labor Statistics, prices for motor vehicle parts and equipment were 41.59% higher in 2018 versus 1990.
Between 1990 and 2018: Car parts experienced an average inflation rate of 1.25% per year. In other words, car parts costing $500 in the year 1990 would cost $707.97 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.33% during this same period, inflation for car parts was lower.
In the year 1990: Pricing changed by 0.68%, below the average yearly change for car parts during the 1990-2018 time period. Compared to inflation for all items in 1990 (5.40%), price inflation for car parts was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle parts and equipment: