re: Large Inheritance at the age of 62, WWYD??

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she is thinking about buying a new car.

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Duck!

It's certainly worth having a reliable car, but "new/fancy" car should be a low priority.

With no debt, she is well positioned to put the 400k to work as retirement income. If she has 3 kids, that's a major consideration (college, health, etc) as well as retirement.

It's probably wise to speak to a professional in this case. Too many moving parts in this scenario to offer specific advice.

ETA:

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she can get max SS

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This is another good point. Holding out to max SS is usually a good idea, and this windfall shouldn't be used as an excuse to retire early.