According to the U.S. Bureau of Labor Statistics, prices for motor vehicle parts and equipment were 0.12% lower in 2018 versus 2017.
Between 2017 and 2018: Car parts experienced an average inflation rate of -0.12% per year. In other words, car parts costing $500 in the year 2017 would cost $499.40 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.68% during this same period, inflation for car parts was lower.
In the year 2017: Pricing changed by -0.36%, below the average yearly change for car parts during the 2017-2018 time period. Compared to inflation for all items in 2017 (2.13%), price inflation for car parts was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle parts and equipment: