Answer
$\$27,171.92$
Work Step by Step
The inflation can be calculated as:
$FV=PV\times (1+r)^{t}$
Here, the future value of the car is $\$30,000$
The inflation rate is $r=2\%$
The number of periods is $t=5$
Therefore the present value is:
$FV=PV\times (1+r)^{t}$
$PV=\frac{FV}{ (1+r)^{t}}=\frac{30,000}{1.02^5}\approx 27,171.92$