@moneyinmotionhq: What if car finance was they key to solving the pension crisis? UK Pensions Commission says 15 million of us are undersaving for retirement. Average UK PCP payment in 2026 is around £350 a month. Strip out the cost of a cash car every six years, add basic-rate pension tax relief, and the rest compounds at 8% over 30 years to around half a million pounds. Same transport. Same 30 years. Different decision. This builds on Baby Step 4 from the Baby Steps series. What would you do — stick with PCP or break the cycle and boost that pension?! Are you team pension or team finance - or maybe there’s a middle ground 😉 #UKMoney #UKPersonalFinance #Pension #Retirement #CarFinance

Jonathan | MoneyInMotion

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Wednesday 20 May 2026 16:51:54 GMT

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Mike :

What’s that over 20 years

2026-05-20 17:06:17

user807692711958 :

I would love to break the cycle. But finding it hard as my job requires about 18k miles a year, so need a reliable and comfy vehicle. How would you advise going about this? Also, what's your stance on Salary Sacrifice cars?

2026-05-20 19:51:31

EM :

what pension would you put that money too? I am currently paying into an nhs one?

2026-05-20 23:58:49

Harri Worthing :

one thing that I think went under the radar is if you pay the car in full you will get a small bit of money back even scrap when it dies gives you £300-£500 which helps pay for the next

2026-05-29 08:27:56

amylearnstosave :

I think about this all the time so true!!! 👏👏👏

2026-05-27 21:49:51

Jericho Bean :

Now i believe what people say about Joseph is true. You are indeed a man of honour. Thanks for your kindness sir. @Joseph Pierce

2026-05-20 21:55:06

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Jonathan | MoneyInMotion

Open In TikTok:

Region: GB

Wednesday 20 May 2026 16:51:54 GMT

Music

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Comments

Mike :

What’s that over 20 years

user807692711958 :

I would love to break the cycle. But finding it hard as my job requires about 18k miles a year, so need a reliable and comfy vehicle. How would you advise going about this? Also, what's your stance on Salary Sacrifice cars?

EM :

what pension would you put that money too? I am currently paying into an nhs one?

Harri Worthing :

one thing that I think went under the radar is if you pay the car in full you will get a small bit of money back even scrap when it dies gives you £300-£500 which helps pay for the next

amylearnstosave :

I think about this all the time so true!!! 👏👏👏

Jericho Bean :

Now i believe what people say about Joseph is true. You are indeed a man of honour. Thanks for your kindness sir. @Joseph Pierce

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