I mean yes, it's unironically better if something that ruins things for everyone is restricted to be a luxury good, because less of a bad thing (congestion, pollution, space, death etc) is a good thing even if some lucky fuckers (not enough to meaningfully impact the larger effect) manage to skirt the spirit of the law.
Private cars will eventually be banned from cities, though, I'm sure of that. But it will take a long time. Congestion pricing and such are baby steps and is just you finally paying for your previously free externalities, and yes the market (in this case society/dominant politics) gets to set the price. Tough luck, welcome to proper capitalism.