There was a 3 month grace period when it was introduced,after that fines were in place. I had to get rid of a perfectly good van and buy a brand new one because of it (Bas****s !). FYI in 2020 any bike older than 2014 will not be aloud into the LEZ either (unless you fancy paying £100per day,and that INCLUDES residents,double Bas****s ! ).
I live bang on Oxford Circus.
Good points : 90 percent discount in congestion zone and free parking for van and bikes anywhere in West End for £141 per year.
Bad points : I have three bikes that'll be banned from LEZ in four years time. Plus right now and for this past year or so the roads in town have gone MENTAL, just going for a spin means 40 minutes of filtering before I can hit any kind of decent road or trail. Me and the squeeze are thinking of selling up and leaving the UK again (never thought that would happen)
Oh yes, and as a footnote. It means the end of the London to Brighton rally, the end of Classic bikes at the ACE and the end of anything similar within the M25 that we may take for granted at this time !