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Looming ULEZ deadline driving individuals to dump high quality vehicles

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Looming ULEZ deadline driving individuals to dump high quality vehicles

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Good offers are available as London motorists rush to ditch their non-compliant automobiles forward of the enlargement London’s Extremely-Low Emission Zone (ULEZ) on 29 August.

New knowledge from carwow confirmed a bounce within the variety of Londoners importing non-ULEZ-compliant vehicles on its platform to 30% of all listings in July, up from one in 5 in November 2022 when the enlargement of the scheme was introduced

The web market mentioned this indicated a rush to promote non-compliant automobiles forward of the deadline with a latest ballot revealing that 27% of carwow customers have been promoting their vehicles particularly because of ULEZ.

Sally Foote, carwow’s UK managing director, mentioned: “Exterior the main metropolitan areas the place there are fewer vehicles and individuals are a lot much less prone to have these schemes applied, automobile consumers are conserving their eyes peeled for good high quality used vehicles that don’t must be ULEZ-compliant.

“We see an incredible conversion on high quality non-compliant vehicles, particularly those which have full service historical past pictures, so we all know there’s nonetheless excessive demand for good-condition vehicles in different components of the UK.”

She mentioned the development is prone to collect tempo as soon as extra customers change into conscious of the implications of the modifications. “It is a complicated time for a lot of drivers; we discovered that 64% of Londoners are uncertain if their automobile would incur costs underneath the brand new ULEZ enlargement. As extra individuals come to understand the approaching improve in possession prices, or are hit with fines from September onwards, we predict there’s prone to be a shift in provide and demand for affected vehicles throughout the capital,” concludes Foote.

Regardless of widespread confusion across the scheme, carwow analysis discovered broad assist for the schemes is constructive: 40% of Londoners supported the zones in comparison with simply 31% who opposed them. Greater than half (56%) of Londoners surveyed agreed that the ULEZ enlargement and different new low emission zones have been efficient measures.

 

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