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You are probably aware that the Ultra Low Emission Zone (ULEZ) has been in place for a number of years now in the centre of London with a view to helping the environment due to lowering carbon emissions. The daily charge is £12.50 if you drive into the above area in a certain vehicle. Well, this area is to be expanded in a few days time.
It was announced some time ago that from the 29th August 2023 the ULEZ zone has been extended to include all London Boroughs of which there are a total of 33 and, needless to say, this has not been well received by many people.
If the car that you are driving in London is of a type that means you have to pay the above charge then you could consider buying a classic car as long as it is over 40 years of age. This is because such vehicles are exempt from the above £12.50 daily charge.
Now you may think you have to spend an awful lot of money to purchase a classic car but this is not the case. In fact, potentially, you may well find a selection of classic vehicles costing a few thousand pounds. So, not only could you avoid having to pay the ULEZ charge if you buy such a classic car to drive around one or more of the London Boroughs but, who knows, you may be lucky and purchase a classic car that appreciates in value.
There are various places that you can buy a classic car such as on the Internet where you will find a number of such vehicles for sale. You could purchase one at a specialist auction of which there are many.
Don’t forget that you will need to insure your classic car. In this respect, why not get in touch with us at your convenience with a view to obtaining a no-obligation, competitive classic car insurance quotation. We have an extensive panel of insurers at our disposal.