M5POST
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   M5POST - BMW M5 Forum > F10 M5 Forum > BMW M5 (F10) General Forum

Post Reply
 
Thread Tools Search this Thread
      04-26-2017, 09:57 AM   #1
BDWonder
Captain
138
Rep
740
Posts

Drives: 2016 M5
Join Date: Aug 2013
Location: California/BK NY

iTrader: (0)

Gas Guzzler Question F10M5

Hey...did a quick search, however, came up empty.

Does anyone know how often one pays a gas guzzler tax?
Is it only once at the time of purchase/lease that's baked into the MSRP (1300)?
or is it every time you renew the registration? If so, what's the amount? 1300 every 2 years?
Appreciate 0
      04-26-2017, 10:08 AM   #2
johntomferg
Captain
United_States
120
Rep
852
Posts

Drives: Formerly drove a 13 F10 M5
Join Date: May 2012
Location: Columbia, TN

iTrader: (1)

Typically a 1 time thing when you buy the car new.

I haven't heard of anyone (state level) implementing a yearly tax under the "gas guzzler" heading, but I am not all knowing and people will look for money where they can find it. :-)
Appreciate 1
BDWonder138.00
      04-26-2017, 04:07 PM   #3
DaveCM5
Second Lieutenant
85
Rep
252
Posts

Drives: 2014 M5 Sapphire Black
Join Date: Jun 2005
Location: Florida

iTrader: (0)

I agree with johntomferg. At least in Florida it's only charged once when you buy the car new.

I think that its a federal thing. The manufacturer is charged because the car doesn't meet the average fuel economy requirements for it's class so they pass the buck. It's got nothing to do with registration of the car.

But whose knows how things work in crazy California?
Appreciate 1
BDWonder138.00
      04-26-2017, 04:22 PM   #4
MichiganMike
First Lieutenant
United_States
132
Rep
362
Posts

Drives: 2016 X3 xDrive 35i
Join Date: Dec 2015
Location: Maryland

iTrader: (0)

Garage List
2020 X3 M40i  [0.00]
2016 BMW X3 35i  [0.00]
Quote:
Originally Posted by BDWonder View Post
Does anyone know how often one pays a gas guzzler tax?
Is it only once at the time of purchase/lease that's baked into the MSRP (1300)?
or is it every time you renew the registration? If so, what's the amount? 1300 every 2 years?
The references at the links below may be informative.
https://www.epa.gov/fueleconomy/gas-guzzler-tax
http://www.autoblog.com/2014/07/24/c...zler-tax-list/

What is commonly referred to as the "Gas Guzzler Tax" (GGT) is a tax imposed by the US government on certain cars pursuant to the Energy Tax Act of 1978. The IRS collects the specified tax where due from the car manufacturer or importer. The car manufacturer or importer in turn often seeks to recover the tax it has paid from the first consumer purchaser, but this is not required under the law.
Appreciate 1
BDWonder138.00
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 03:51 AM.




m5post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST