In the past I viewed my classic cars a 1930's Austin and later a 1960's TR as an apprecating asset and indeed the increased value of the TR enabled me to become the proud owner of a 2006 4/4. However with the increasing amount of emission regulations and that my 4/4 will not enjoy exemptions as my previous age related "classics" I suppose l should consider it a depreciating asset.
Yes it is a real question. I feel fairly sure that cars that carry a tax exempt sticker (used to be 73 but I guess its later now) will be exempted from upcoming polltuion laws. New cars will fit the new laws of course. But what happens to cars that are just 10 or 15 years old.
I have heard political talk of banning all petrol and diesel cars but I expect there will be exceptions for historic or museum pieces. But what will be the age break? If its the same as the no-road-tax age then it will be a further 25 years in the garage before my toy qualifies.
