Used Car Prices Are Dropping Slower According to Sell The Damaged Car

MANCHESTER, U.K. - April 11, 2013 - PRLog -- Sell The Damaged Car, a service which buys used cars in the UK, has announced that the continuing trend for dropping prices is slowing. For almost a year there has been a drop in the valuation of used cars thought to be a direct result of the poor economy. This week Sell The Damaged Car has announced that there is light at the end of the tunnel.

Throughout 2012 prices have been declining for the sale of used vehicles. Sell The Damaged Car spokesman Jim Watson stated "We are seeing an end to the trend of falling prices and expect rates to remain fairly stable for the rest of 2013. This is great news for anyone wanting to sell a used car as it means they can get a fair price. At the same time there are still plenty of bargains around for those looking to make a used car purchase at this time".

The upturn in the market is thought to be due to the higher levels of consumers choosing to buy used instead of new. Watson commented "Buying a good used car is a practical alternative to buying new cars which loose their value fast. We are seeing many sellers choose to buy cars made in the past 2-4 years as they represent excellent value for money."

Sell The Damaged Car helps hundreds of UK vehicle owners sell their old and scrap cars every week. Their service has been designed to provide people with the easiest solution when they want to get rid of an old car. Vehicle owners simply visit the site at http://www.sellthedamagedcar.co.uk/ and enter their registration number. They are then given a preliminary quotation. This is then followed up with a visit to the car owner's home. A final inspection is made and final quote is then provided. If the quote is accepted, the payment is immediately paid via bank transfer and the vehicle is removed.