The following terms are applied to old cars in the UK:
The Veteran Car Club (VCC) administers pre First World War cars –
Veteran – Applies to cars constructed up to 31st December 1904. Only these cars may take part in the annual London to Brighton run. This celebrates the Emancipation Run which took place in 1896 upon the repeal of the so called Red Flag Act. This meant that cars could be driven freely without a man walking in front with a red flag!
Edwardian – Relates to cars built from 1905 until the end of the Great War in 1918, but not many were made after about 1915.
The Vintage Sports Car Club (VSCC) covers pre 2nd World War cars –
Vintage – Relates to cars made from the end of the Great War, effectively 1919, until the end of 1930 after which the VSCC considered cars declined in quality of construction.
Post Vintage Thoroughbred – PVT cars are those made from 1931 to the end of 1940 provided they continued to meet certain quality standards eg. Rolls Royce, Sunbeam, Lagonda, Alvis and Talbot.
Classic – This name is usually applied to quality post 1945 cars.
No annual road fund licence / car tax is payable in the UK on cars built before 1st January 1977.