Well I'm actually thinking about building a glider kit for the old fashioned reasons, taking the powertrain out of a truck I already own, retiring that truck and putting the power train into the glider kit.
With 99% of new glider sales beings to get around emissions motors, and not as much to 'update' an older truck, I kinda figured the FET situation would be evolving as well, and it appears that it is as doing a Google search I cannot find a concrete answer.
I plan on using for sure the engine and transmission I have now, I may go with a rolling glider though as I'd like to get a different set of rear ends, may as well let the factory put them on.
Glider Kits and FET Tax
Discussion in 'Trucker Taxes and Truck Financing' started by Caterpillar Cowboy, Jul 31, 2015.
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I can't believe no one has responded. I'm not a certified internet legal or tax adviser so I can't help you. I will say this: get your advice from a reputable source (no the IRS is not reputable, they tend to be biased) because the wrong decision can end up costing you a bunch.
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Whats a glider kit.
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I bought a Fitzgerald glider completed back in March and didn't have to pay it. I wouldn't think that you Would need to pay it if, going and getting the glider then using your parts and assembling it yourself. Call your Pete dealer and tell them you want a rolling glider and you need a price and ask if they have to include it.
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You pay FET on only the NEW parts of the kit. If you were to buy a rolling glider you pay on the whole rolling glider then put your used engine and transmission in. If you buy a completed rolling glider from say Fitzgerald for example the FET is charged on the rolling assembely when they purchse it from say Peterbilt for example but not the engine or transmission which they are installing to complete the tractor. So basically the FET is payed by Fitzgerald and absorbed into their selling price to the customer once the glider is completed.
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