07 Shelby,07 SHELBY said:I hate to be the bearer of bad news but on top of the $40,000 to $43,000you will pay for the Shelby, you will have to pay an additional $6,000 to $7,000 for gas guzzler tax.Ouch...........we are getting close to $50,000.
Wow! That's a bit scary. I sure hope I'm right too. $7K seems a bit excessive.07 SHELBY said:I sure hope you are right.I got my info from a Mustang engineer.Maybe he is a little high but that is what he said.Another engineer said the Shelby was going to be close to $50,000 with the tax.
Down to $1600 from $2000. That's good news. Thanks for the update!07 SHELBY said:I stand corrected.I talked to the same person and he said I heard it wrong.It was $2,000,but it was lowered today by the government to about $1,600.I try to give accurate info but sometimes my brain doesn't work right.Also,told that the price for the Shelby was just over $40k.Sorry for the bad information!
The Gas Guzzler Tax is a way for the Federal government to punish car makers and the consumer for building/buying cars with less than optimal fuel economy. It's a one-time tax paid at the time of purchase. It is often rolled into the MSRP of the vehicle, although it is always itemized so you can see how much it is. Also, I believe it only applies to cars. I think pick-ups are excluded.ShelbyWise said:Although I've heard of the Gas Guzzler Tax, I'm not familiar with exactly how it works...Is it a 'pay one time tax' similar to sales tax? Where does this $$ go? Thanks...
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