Volvo makes stock market debut

243 / News 2021
image of a man stepping out of a volvo car

On Friday the 29th of October, the Swedish car company Volvo launched on the Stockholm stock exchange. This has now valued the car manufacturer in the region of £16 billion. Volvo is majority-owned by the Chinese firm Geely.

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Best car insurance companies in the UK

273 / News 2021
image of a hand holding a car inside a bubble

As one of the busiest family-run used car dealerships in the UK, Best Price Car Sales sell hundreds of used cars a month and often gets asked for recommendations on getting car insurance by prospective customers. Unfortunately, the answer our customers generally get from our advisors is to shop around or to try a comparison car insurance website.

We decided to do some market research and list the best car insurance companies in the UK for 2021 based on the level of coverage, the customer experience ratings, and the packages they offer.

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Best used hybrid cars in the UK

243 / News 2021
image of gold coloured car being charged

If you’re not quite ready to switch over to a full electric used car, it’s not a bad idea to consider a used hybrid car as a very good alternative until the charging stations infrastructure is fully laid out in the UK. A used hybrid car will mean it will run on a petrol-electric combination.

There are two types of hybrid cars to choose from, firstly there are the ‘self-charging’ models, which combine the petrol and electric power when driving to maximise the efficiency of the hybrid car model. Then you have the plug-in hybrids that can run for miles on electricity only and then when the battery power is low, the petrol engine will power up and take over.

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Massive Hertz order powers Tesla to $1 trillion valuation

242 / News 2021
stock market display monitor of Tesla's stock p

There was no surprise in the industry that Tesla’s market value had surpassed the $1 trillion mark. The only surprise was the speed at which it had achieved membership of the very exclusive trillion dollar collective, which was previously only occupied by Apple, Facebook, Amazon, Microsoft, and the owners of Google, Alphabet.

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Used car prices are going up

241 / News 2021
aerial image of newly built cars parked outside

The UK car market is seeing two very noticeable changes, one is the short supply of new vehicles and an increase in demand for used cars, which is causing the most popular used cars to have prices increased by up to 57% since 2019.

AA cars website has reported that one noticeable make and model which has risen dramatically in price is the Ford Fiesta, around three to five years old. Two years ago it was valued at £7,448 and now it’s being sold at around £9,770, today. It’s official, “nearly new” used cars are in high demand, as stated by key figures in the industry.  Read more

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