According to the U.S. Bureau of Labor Statistics, prices for new vehicles were 194.89% higher in 2019 versus 1965 (a $1,896,308.31 difference in value).
Between 1965 and 2019: Vehicles experienced an average inflation rate of 2.02% per year. This rate of change indicates significant inflation. In other words, vehicles costing $973,000 in the year 1965 would cost $2,869,308.31 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 3.95% during this same period, inflation for vehicles was lower.
In the year 1965: Pricing changed by -2.19%, which is significantly below the average yearly change for vehicles during the 1965-2019 time period. Compared to inflation for all items in 1965 (1.59%), inflation for vehicles was much lower.
Below are calculations of equivalent buying power for Vehicles, over time, for $973,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1965 | $973,000.00 | -2.19% |
| 1966 | $955,412.95 | -1.81% |
| 1967 | $964,281.63 | 0.93% |
| 1968 | $990,587.05 | 2.73% |
| 1969 | $1,006,670.94 | 1.62% |
| 1970 | $1,038,237.45 | 3.14% |
| 1971 | $1,080,175.81 | 4.04% |
| 1972 | $1,070,705.86 | -0.88% |
| 1973 | $1,071,006.49 | 0.03% |
| 1974 | $1,133,087.29 | 5.80% |
| 1975 | $1,230,793.14 | 8.62% |
| 1976 | $1,308,657.19 | 6.33% |
| 1977 | $1,378,103.51 | 5.31% |
| 1978 | $1,483,174.88 | 7.62% |
| 1979 | $1,600,872.86 | 7.94% |
| 1980 | $1,728,792.37 | 7.99% |
| 1981 | $1,834,314.69 | 6.10% |
| 1982 | $1,904,813.22 | 3.84% |
| 1983 | $1,951,712.03 | 2.46% |
| 1984 | $2,005,525.41 | 2.76% |
| 1985 | $2,072,416.34 | 3.34% |
| 1986 | $2,161,253.51 | 4.29% |
| 1987 | $2,235,209.33 | 3.42% |
| 1988 | $2,276,847.06 | 1.86% |
| 1989 | $2,328,556.00 | 2.27% |
| 1990 | $2,372,298.16 | 1.88% |
| 1991 | $2,461,886.91 | 3.78% |
| 1992 | $2,524,869.61 | 2.56% |
| 1993 | $2,593,864.98 | 2.73% |
| 1994 | $2,688,564.50 | 3.65% |
| 1995 | $2,754,403.21 | 2.45% |
| 1996 | $2,807,465.01 | 1.93% |
| 1997 | $2,818,889.08 | 0.41% |
| 1998 | $2,802,955.51 | -0.57% |
| 1999 | $2,791,681.75 | -0.40% |
| 2000 | $2,789,577.32 | -0.08% |
| 2001 | $2,776,950.72 | -0.45% |
| 2002 | $2,735,763.94 | -1.48% |
| 2003 | $2,693,825.58 | -1.53% |
| 2004 | $2,678,342.96 | -0.57% |
| 2005 | $2,694,877.80 | 0.62% |
| 2006 | $2,688,564.50 | -0.23% |
| 2007 | $2,662,570.23 | -0.97% |
| 2008 | $2,622,301.89 | -1.51% |
| 2009 | $2,650,239.75 | 1.07% |
| 2010 | $2,696,788.33 | 1.76% |
| 2011 | $2,772,567.48 | 2.81% |
| 2012 | $2,818,463.68 | 1.66% |
| 2013 | $2,848,776.55 | 1.08% |
| 2014 | $2,858,381.78 | 0.34% |
| 2015 | $2,875,190.20 | 0.59% |
| 2016 | $2,879,538.86 | 0.15% |
| 2017 | $2,872,400.32 | -0.25% |
| 2018 | $2,858,613.27 | -0.48% |
| 2019 | $2,869,308.31 | 0.37% |
| 2020 | $2,884,281.35 | 0.52% |
| 2021 | $3,053,120.08 | 5.85% |
| 2022 | $3,370,464.18 | 10.39% |
| 2023 | $3,495,891.44 | 3.72% |
| 2024 | $3,476,111.27 | -0.57% |
| 2025 | $3,486,748.24 | 0.31%* |
* 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 New vehicles:
| Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| CPI | 20.300 | 20.400 | 20.800 | 21.800 | 21.300 | 21.400 | 23.000 | 23.000 | 23.000 | 23.000 | 23.000 | 23.000 | 34.500 | 37.580 | 41.000 | 41.220 | 43.360 | 46.940 | 47.254 | 46.508 | 44.877 | 46.138 | 48.546 | 50.108 | 52.246 | 51.569 | 51.562 | 51.362 | 51.054 | 50.908 | 49.792 | 48.892 | 49.346 | 50.692 | 51.515 | 53.131 | 55.277 | 54.792 | 54.808 | 57.985 | 62.985 | 66.969 | 70.523 | 75.900 | 81.923 | 88.469 | 93.869 | 97.477 | 99.877 | 102.631 | 106.054 | 110.600 | 114.385 | 116.515 | 119.162 | 121.400 | 125.985 | 129.208 | 132.738 | 137.585 | 140.954 | 143.669 | 144.254 | 143.438 | 142.862 | 142.754 | 142.108 | 140.000 | 137.854 | 137.062 | 137.908 | 137.585 | 136.254 | 134.194 | 135.623 | 138.005 | 141.883 | 144.232 | 145.783 | 146.275 | 147.135 | 147.358 | 146.992 | 146.287 | 146.834 | 147.600 | 156.240 | 172.480 | 178.899 | 177.887 | 178.431 |