The Mayor said it had not been an easy decision, but he said public health came before political expediency.
According to Hugo Griffiths, Consumer Editor at carwow, an online marketplace for buying and selling cars, the effect is to have a significant effect on used values. He reckoned that non-compliant cars in the south of England would be hit with significant devaluation, while demand for cars that do meet the standards will soar.
According to Transport for London (TfL), around 200,000 non-compliant vehicles regularly drive into the ULEZ zone. Even if owners were to drive into the zone every other day, the bill would be over £2000 in charges, he added.