ULEZ
driven demand for classic cars?
See our earlier News item on the expansion of the ULEZ zone in Greater
London. More
Fellow member's comment
An interesting point, I have also noticed dealers now highlighting
which of their stock are ULEZ compliant. I do not think there will
be much of a swing to using classic cars all the same, although exemption
from VED for Historic cars would be an additional incentive. Apparently
most petrol cars registered after 2005 are compliant and the earliest
compliant ones date from about 2001, so I would have thought that
if drivers were forced into changing a non-compliant car, they would
find a suitable and cheaper car dating from that sort of era as a
better prospect than an a classic car. They would have conveniences
such as heated rear windows, central locking, air conditioning and
intermittent wipers whose absence would be missed on a classic car.
I
do hope that there is no move to the use of classic cars on a daily
basis, we are fortunate in this country that we have many worthwhile
concessions for Historic vehicles without any restrictions on their
use, and we argue that these concessions encourage the preservation
of our cultural heritage without incurring much expense, since
Historic vehicles typically do a very low mileage. Too many cars being
used like classic MGBs and Volvos and other makes rather undermines
that argument!
Posted: 240410 |
|
Adverts
for classic cars are appearing with a corner alert - "ULEZ
EXEMPT"
This may be well intended information for potential classic
car enthusiasts thinking of getting a classic car like an MGB
or a Volvo, but it may encourage daily drivers faced with paying
a daily ULEZ (Ultra Low Emission Zone) charge for their current
car (if it's a non compliant low emission vehicle) to think
about buying a classic car which is ULEZ exempt.
In the last year the ULEZ zone has been extended to the outer
areas of Greater London, touching the M25 orbital motorway.
At a time when the rising cost of living, having the additional
burden of a daily £12.50 charge to drive in the ULEZ area
is a heavy burden. So what are the options - buy a new or secondhand
ULEZ compliant vehicle? |
What
is the annual burden of the ULEZ charge with a non compliant
vehicle?
Assuming the vehicle is driven on a daily weekday basis and
three weekend days a month, that would be a total ULEZ cost
of £3,700 a year.
Saving with a ULEZ compliant vehicle
The daily use of a classic car could see breakdowns or maintenance
costs but if the payback period is not lengthy then the approach
may be to drive the classic until it dies! And then get another?
|
Classic car enthusiasts' concerns
Many enthusiasts will have concerns over the possible impact
on both the availability and price of popular classic cars if
alternative buyers appear buying compliant vehicles which can
access the low emission zone without a charge - and have the
added benefit of VED exemption for an Historic vehicle - as
a way of having more affordable access. Buying a newer compliant
car would require a larger layout, say £12,000 to £15,000
less the proceeds from the sale of their existing non compliant
vehicle.
A particularly attractive segment of the classic car market
for younger enthusiasts are the early classic "modern hatches"
- like VWs and Fords - so the additional demand in that market
from daily drivers trying to find an affordable way of avoiding
the ULEZ charge would not be welcome for those younger enthusiasts.
See a fellow members' useful comment alongside. |
|