Fuel prices are influenced by supply and demand. When there is a lack of oil or a natural calamity that impacts the supply chain, prices may increase. The cost of fuel has no impact on car owners who use electric vehicles. The oil industry tends to control those who still use the pump to power their vehicles, though. Some cars use less fuel than others, which means fewer trips to the gas station. There are numerous models, nevertheless, that can have acquired the label of "gas guzzlers." In the past, these models were some examples of gas guzzlers:
- Chevrolet Corvette
- Ferrari F12
- Bentley Flying Spur
- Lamborghini Huracan
- Dodge Challenger
- Aston Martin Vanquish
- BMW M5
What Does Gas Guzzler Mean?
A car is called a "gas guzzler" if it uses fuel inefficiently. This translates into fewer miles per gallon of gas for the car. But what constitutes "excellent gas mileage" for a regular car? Gas mileage—and what is deemed "good"—depends on the kind of vehicle being evaluated, claims Car and Driver. For instance, the website states that a sports car might score 25 MPG, but a larger vehicle, such as an SUV, might only obtain 20 MPG combined (city and highway).
The size of the engine also has an impact on fuel efficiency and, consequently, gas economy. In comparison to larger engines, smaller engines are more efficient. Additionally, driving practices have an impact on the MPG figures. Driving quickly will result in higher gas consumption and worse MPG. Gas is also wasted when idling. Drivers will notice that the MPG figures for automobiles tends to be greater on the highway as driving on the highway is typically more fuel efficient than driving in the city.
The "gas guzzler tax," which was placed on automobiles that were deemed to be gas guzzlers in the late 1970s, is no longer levied against consumers. Instead, taxes are levied against producers (or importers) of inefficiently fuelled vehicles. The Environmental Protection Agency (EPA) emphasizes that sports utility vehicles (SUVs), trucks, and minivans are exempt from this tax and that consumers will see the fee on a car's sticker and that "...the poorer the fuel economy, the greater the tax." Why? When the tax was introduced as a part of the Energy Tax Act of 1978 in the 1970s, these particular vehicles weren't widely used by customers.
A gas guzzler tax is not imposed on buyers and they are not liable for paying it. Once more, taxes will be paid by the producer or importer. The tax is disclosed on the vehicle's sticker, but consumers may pay more as a result. Car owners may question if there is a tax credit for gas-guzzlers. The only gas guzzler tax rebate that has been addressed is being talked about in forums for the 2020 Mustang, possibly. The gas guzzler tax appears to have been calculated wrongly, and a refund was given.
The gas guzzler tax won't be paid by the automobile customer, but the manufacturer may have to raise the sticker price. A gas-guzzling car will cost more to own even if consumers do not pay more when purchasing that vehicle because of the vehicle's petrol consumption. Customers may have noticed that sports cars, high-end luxury vehicles, and muscle cars are among the vehicles subject to taxes due to their poor fuel economy. Those who can afford a Ferrari or a Bentley are probably unconcerned about gas prices rising; they want the automobile they want no matter the price. It's possible that the higher price of fuel won't worry these customers all that much. Those who own "gas guzzlers" may not use them as their main mode of transportation. Only seldom might a Corvette or a Lamborghini be driven. However, the EPA's list of well-known gas guzzlers might be interesting to go at for car purchasers looking for the most fuel-efficient vehicle.