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Given the term "Classic" is used as a period descriptor like Vintage, the 25 year thing is probably about as close to a definition as you will get. A 1925 Allegro-equivalent is just as much of a vintage car as a Bentley. That someone likes Allegros may seem a poor choice but is still a valid one. The term classic when applied to cars that have achieved something as you say is a different use of the word in my opinion.
Mind you at the moment it is getting to a tricky point with the 25 year thing, ~1980 metal bumpers began to disappear so that will be a bit of a test as to what people accept as a classic. I know in the States different states have capped their classic car provisions at 1980-81, others did too but have changed back.
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