Used cars see steep drop in prices but are still higher than pre-pandemic times | Mid-Missouri News

COLUMBIA − The pandemic saw the largest increase in used car prices on record, with prices going up 45% from June 2020 to June 2021.

As of Thursday, that price trend is taking a new route.

Used car prices dropped 8.8% from December 2021 to December 2022. Experts say that’s the steepest 12-month drop in used car prices since 2009.

Reports say prices…