I remember from my trips to America that even some of the well maintained cars there wouldn't have been legal in the UK. For example some didn't have orange indicators, instead using the red break lights as an indicator.
A very few states have a more stringent "inspection" but it mainly checks that the car has working lights and brakes - nothing like an actual costly check.
The USA doesn't even mandate daytime running lights as far as I know.
The rules are designed to apply to vehicles being preserved, and are a help to hobbyists who can afford to own two or more cars. They seem to be designed - for better or worse - to exclude people who happen to rely on an older car as their only vehicle.
A new $25k sedan here (Arizona) costs like $350 or so per year to license, but a 40-year-old one worth $700 scrap value costs like $30.
https://en.wikipedia.org/wiki/Vehicle_inspection_in_the_Unit...
For example, I’m from Illinois, and you only have to have an emissions test in the Chicago and East St. Louis regions. I grew up near Peoria, where you can seemingly drive whatever disgusting uranium-and-coal-fired jalopy you want.
Not so much with old computers - NOBODY, not even the poor in the USA, are trying to make do with a 8086 as a daily computer. Phones and better computers are simply too cheap and available.