Oh for sure. It applies to dozens of vehicles at lower price points too though, including hordes of wankpanzers.
Because the motorcycle and classic car folks lobbied to get the exemptions, based on a combination of low mileage, heritage and engineering limits. They struck that deal with the Mayor of London, once with Boris and later with Khan. Others have just copied that apart from those cities, such as Bath, which only apply the rules to commercial vehicles. Of course, if you are minted, you could pour a money into an inefficient Classic and run it as a daily drive, just dunt have an accident, they tend not to fare as well.
Shortly after the estate where I live got swallowed by the ULEZ, a neighbour bought a car that is “classic”, but not quite classic enough to be ULEZ-exempt.
A bit weird huh?
But after seeing him tootling around over the months I’ve developed a theory: he has plotted out a route between us and the nearby tennis courts that isn’t covered by cameras and that’s basically what the car gets used for.
He really is that much of a belligerent cock so it’s entirely plausible.
He also has a car from the 50s that is definitely exempt, and a very nice EV. But he drives the emissions-mobile to the tennis courts.
4 Likes
A one man neighbourhood watch 
1 Like