Report finds savers cashing in pensions to buy luxury cars

Jack Evans
Top 5 foolish supercar crashes
Top 5 foolish supercar crashes


Reports have found that more and more savers are cashing in their pensions to buy luxury cars.

Magnitude Finance, which specialises in the finance of cars priced over £25,000, has seen an increase in the amount of customers using their newly-released pension money to purchase vehicles.