IF you are employed and you have access to the new salary sacrifice scheme (with the NI changes announced today ) you could still be better off away from the scheme. When you take into account the wider choices available to SS schemes, I’d seriously be thinking about that as an option.
If you’re not working but have the cash, then an outright purchase of a very nearly new car kept over an extended period might prove beneficial.
If you’re not working and don’t have the cash, finance won’t happen and the scheme becomes a very attractive option, especially as grants are available if money really is tight.
If you’re working but don’t have access to a SS scheme, then it comes down to how good your credit is.
Some of us are tied to the scheme as there’s no real alternative to get a decent car. If you have access to low or zero interest alternative sources of funding, there are other options available and if you were wanting an EV, then there’s scope for a really good deal.
I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
I'll try to give my honest opinion but am always open to learning.
Mark