Money for car that's a year away.

[croyde]

So I have ordered a car, cost £33k, but it won't be with me for a year, maybe a little less. I have the money now and am happy to pay cash but I will check the PCP deals when/if available.

Currently the money sits in an offset Mortgage account saving me £40/month off the mortgage payments. Could I be doing something better with it?

[croyde]

Thanks.

No debts apart from the Mortgage. Good maths, it's a 1.5% mortgage

Amazing that £30 odd grand can mean so little these days. Wouldn't even get me a 10% deposit on a flat around here (SW London) so might as well chuck it at a car.

[croyde]

Good question.

I've stuck money on ISAs and stocks only to see loses long term. Only one of my ISAs has done ok and I bought that yonks ago when they were called PEPs.

Are you talking about Old Nag at 50/1, 2.30 Kempton Park?

[croyde]

Woodford seems to have a very good track record and I do have this year's allowance left to use.