WTF Gas Guzzler Tax?
10-19-2011, 10:53 AM
#1
Racer
Thread Starter
WTF Gas Guzzler Tax?
hey guys
As always i got bored and looked at the new caddy CTS-V sedan. which i really want to buy. like any of us, i studied and played with the "build your own" CTS-V. at the summary page, they added a gas guzzler tax of $2600. WTF!!!! ITS ONLY ON NEW CARS with less than avg 22mpg!. If you brought a used CTS-V with less than 1000 miles u wouldn't get that gas guzzler tax. this has been effective since 1978! did anyone know about this? (besides neuronbob, considering he has cts-v)
this makes me not want to buy a cts-v
As always i got bored and looked at the new caddy CTS-V sedan. which i really want to buy. like any of us, i studied and played with the "build your own" CTS-V. at the summary page, they added a gas guzzler tax of $2600. WTF!!!! ITS ONLY ON NEW CARS with less than avg 22mpg!. If you brought a used CTS-V with less than 1000 miles u wouldn't get that gas guzzler tax. this has been effective since 1978! did anyone know about this? (besides neuronbob, considering he has cts-v)
this makes me not want to buy a cts-v
10-19-2011, 10:55 AM
#2
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I knew about it 
10-19-2011, 12:19 PM
#5
Instructor
LOL...
Your name is 'DiabloSVRacer', but you don't know about the Gas Guzzler tax?
It's for any cars that 'fail to meet the minimum fuel economy level of 22.5 mpg'
Including your 'Diablo SV'... ;-)
Your name is 'DiabloSVRacer', but you don't know about the Gas Guzzler tax?
It's for any cars that 'fail to meet the minimum fuel economy level of 22.5 mpg'
Including your 'Diablo SV'... ;-)
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10-19-2011, 01:45 PM
#11
Senior Moderator
Originally Posted by Wikipedia
The National Energy Act: Energy Tax Act of 1978 (US), or the Gas Guzzler Tax, imposed set tax penalties on car manufacturers who fail to meet the minimum fuel economy level of 22.5 mpg-US (10.5 L/100 km; 27.0 mpg-imp) in the United States. This does not include minivans, sport utility vehicles or pick-up trucks. It is intended to discourage the production and purchase of fuel inefficient vehicles. In determining the tax, the fuel economy figures used are different from the fuel economy values provided in the Fuel Economy Guide. This tax is collected by the IRS and paid by the manufacturer or importer after production has ended for the model year. It is based on the total number of gas guzzler vehicles which were introduced into commerce in the United States. The amount of the tax paid by manufacturer is displayed on the vehicle's fuel economy label on the window sticker of new cars.
10-19-2011, 01:46 PM
#12
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You're from Massachusetts, a state notorious for high taxes. What else don't you know?
10-19-2011, 02:16 PM
#14
Racer
Thread Starter
i know theres a luxury tax. lol learn something new everyday. i haven't had the chance to buy so many cars yet. the rl is my first car that i purchased. yes i live in taxachusetts, we get taxed for not having health insurance. tell me what i don't get taxed! besides a prostitute. im bored at school. lol
10-19-2011, 02:54 PM
#15
Senior Moderator
At least you are learning something. Hopefully you have thought critically about this.
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