So recently my moto G60 reached the end of life with respect to security updates. That was the reason I was using to prevent myself from switching to a custom rom(actual reason is laziness). This phone has rom support for pixel experience and lineage OS. So my questions are if pixel experience has any privacy advantages when compared to the stock rom the phone ships with¿? Also if I flash GApps along with lineage OS will all the privacy advantages I get with lineage disappear¿? I might need Google play services for some banking applications.
Motorola phones are very easy to mod(root,custom rom) and even if you brick the phone in most cases you can just use the lenovo recovery tool. I personally use crdroid but lineage is fine too. I recommend you use microg with magisk to hide that the device is root/has custom rom. You can also just use shelter for the banking apps.
Root is great for some rare cases, but not needed for privacy and make your phone less secure.
There are great apps only working with root though