Just wondered if anyone could advise me on salary sacrifice. We could do with a new car and someone suggested instead of spending all that cash why don't we salary sacrifice.
Seemed like a great idea untill someone else told me wasn't all it was cracked up to be, unless you did so many k's you would have to pay money back etc etc. Don't really know whether it would be worth our while and the company just want you to sign up so aren't that helpful.
Also how does it work do you pay money for the car like a loan then it's yours at the end or with the offer of buying it, are the car's new and do you have to buy them at the end or can you stop the sacrifice and buy your own car.
Sorry about all the questions would just like to know the best way to save our money.
Has anyone done this and found they are better/worse off