London, England -- (SBWire) -- 04/28/2015 --According to Autorola UK's remarketing portal, the average prices of cars sold online reached a three-year high in the first quarter of 2015.

This increase can be seen comparatively, as prices increased by up to £140 in the first quarter of 2015, from £8,484 to £8,624 on average; the inflated prices in used cars has an effect both on the car market and upon customers.

These figures see a growing trend in rising prices when buying vehicles.In turn it emphasizes the sustainability and attractive nature of alternatives such as car hire, especially when wanting a car for a specific purpose.

Many people are having to payfor vehicles through a loan or instalment system which means that ownership often seems like a distant prospect to many.

Fairrent, who are specialists in vehicle hire and based in the South of England, are frequent commentators upon the auto industry. They were quick to reflect in light of the latest figures: "The increase in used car prices ultimately means that customers have to be particularly vigilant and considerate when making a vehicle choice," a spokesperson said.

"After all, it is an important consideration when you are paying for a vehicle, whether it is an essential buy for your needs;if you are content with using public transport and want a car for getting away at the weekends for example, a hire option may really be worth the while.

"By opting for a hire vehicle option, this means you can potentially avoid the trends of accelerating prices in the used car market as well as still benefiting from low fuel prices. It is reassuring for many people to know that a hire car will not implicate them with any overburdening cost – and it is this accessibility and ease to the customer we value here at Fairrent."

About Fairrent
Fairrent have bases both in Chingford and Enfield, bringing a range of vehicles to hire at affordable prices. For more information on rates and details of their service why not give them a call on - 020 8559 3658.

Fair Rent

Company name: Fair Rent
Tel: 02085240011
Website: www.fairrent.co.uk
Contact person: Angela
Email: angela@fairrent.co.uk
Address: 3 Lea Valley Road
Chingford
London
E4 7PX