Squish / Stretch a vehicle

Hey guys/gals!

Curious how to go about doing this. I want to make a plane or a car ‘squish/stretch’ and ‘bend’ like it does in a cartoon. I wonder if using the Lattice modifier is a good way? Or perhaps there is another way of doing that? ! :thinking:

I’m likely just making a ‘stylized’ or moderately low poly model FYI.

Thanks all!