All tanks require some kind of vent. The type used depends on many factors, but often the driving style can be the deciding factor.
The chassis designs we typically deal with are tough to deal with from a venting standpoint. It's best when the vent attachment point is high vs. the liquid level. In later model designs this is done with a vapor dome and the trunk floor is changed accordingly. The other way is to not have the tank fill up all the way, hence leaving an air gap.
If the car is a cruiser with little sloshing then a stock vented cap MAY work, buy MAY also have some leakage. It MAY also have some fuel smell in the garage.
The better vents, like the IIMuch design, are made so that if liquid enters the venting system it is caught and returned. The air is also filtered. This allows for a sealed cap, hence less leakage. My vented stock 1968 cap works, but it does leak when fuel sloshes aft.
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