Used car dealers in London say they are actively turning away diesel part-exchanges after the controversial Ultra Low Emission Zone (Ulez) was extended.
The Ulez now includes London’s outer boroughs including Bexley, Bromley, Harrow and Hillingdon.
It means that motorists throughout the whole capital are now facing a £12.50 daily charge if their car doesn’t comply with emissions standards.
The new rules are being implemented after a legal challenge – led by five Tory councils – failed in the High Court.
Independent retailers told Car Dealer Magazine that non-compliant vehicles have seen their values tumble and are now being sold almost exclusively to buyers who are travelling from outside London.
Meanwhile, some dealers – but not all – say they are seeing the value of Ulez-compliant vehicles shooting up as a result of sky-high demand.