Friend is 66, female and currently still working and she has a Toyota Prius hybrid company car. However that is going back at the end of the month and she is taking cash alternative which appears to be £250 net in her payslip.
Also she is thinking of retiring maybe next year.
I will need to sit down with her and try and establish what kind of car she would like but what are folks thougts / experiences about leasing / PCP?
My instinct is to try and buy a car and then this is her car for a number of years but £250 a month aint really going to get something modern.
I have seen more and more folk talking of personal leasing, just accept you will always be paying for a car but in return you will always have a new car under warranty.
Any thoughts at this stage? I was gonna say about a pension tax free lump sum but I think this has already been used to clear mortgage.
Finally, although she has obviously coped with a Prius self charging hybrid, the thought of trying to explain a new modern car with ipad screen for all controls etc scares the hell out of me!
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