Provinces outlawing gliders?

Although vehicle registration is under the purvue of the provinces, vehicles have to comply with federal regulations in order to be registerable. Gliders have to meet fairly narrow rules in order to be registerable. Here is a summary (I researched this thoroughly a few years ago and these were the facts as I remember them. I don't think there have been any legislative changes since). More information. I expect all provinces are the same.

 

The guy won't finance it because in the eyes of a finance company a glider is a kit not a truck. Value of gliders are hard to define. To some they are worth less to others they are worth more.

 

Their concern might be based on the possibility of a glider being reassessed as to its legality. If there are a number of them that have been incorrectly registered (as mentioned in the article I linked in my first post), then their concern could be that they may potentially have an asset with no value. Even though the reality of such an event coming to pass is very low, most financial institutions are going to err on the side of safety rather than risk... especially for such a small market. You might be better off contacting a dealer that advertises gliders and ask who has been financing them.

 

My friends boss has a whole fleet in bc and builds them. They have to be insured as the year the motor is. The guy could be blowing smoke up your ### in a polite way of not saying they don't want to touch them for other reasons.

 

My company just bought a brand new 389 glider and are putting a big 15 litre CAT in it (it hasn't arrived yet and will be a box of parts). No word about anything of the sort. Sounds like they are yanking your chain.

 

Peel Financing financed my glider a couple months ago. who did you talk too?