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Glider Kit Trucks and F.E.T. ?

Discussion in 'Ask An Owner Operator' started by LittleMissCabover, Dec 27, 2012.

  1. Dec 27, 2012 #1
    LittleMissCabover

    LittleMissCabover Light Load Member

    125
    83
    Sep 6, 2011
    kansas
    0
    Hi all! A friend asked me this morning what I know about F.E.T. on new glider kit trucks. I have to admit that I don't anything about it. He said that he is considering a glider but doesn't want to pay the tax. I told him that I knew where to find out .... .... Help us please!
     
    LittleMissCabover, Dec 27, 2012
    LittleMissCabover, Dec 27, 2012
    #1
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  3. Dec 27, 2012 #2
    fireba11

    fireba11 Heavy Load Member

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    Jul 30, 2007
    Tracy City, TN
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    fireba11, Dec 27, 2012
    fireba11, Dec 27, 2012
    #2
  4. Dec 27, 2012 #3
    LittleMissCabover

    LittleMissCabover Light Load Member

    125
    83
    Sep 6, 2011
    kansas
    0
    Thanks fireba11 ! I didn't complete my thought properly, my bad. He was talking about the F.E.T. exemption being eliminated in the very near future. That is his concern.
     
    LittleMissCabover, Dec 27, 2012
    LittleMissCabover, Dec 27, 2012
    #3
  5. Dec 27, 2012 #4
    rollin coal

    rollin coal Road Train Member

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    Mar 29, 2008
    TN
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    The law is already if the value of your glider exceeds 75% or 85% (?) of the cost of a similar model new truck FET has to be paid.
     
    rollin coal, Dec 27, 2012
    rollin coal, Dec 27, 2012
    #4
  7. Dec 27, 2012 #5
    Cowpie1

    Cowpie1 Road Train Member

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    Nov 25, 2008
    Kellogg, IA
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    It is 75%. And that is easy to stay under since there is all that emission stuff on the new production trucks that really racks on the cost. And using a rebuilt engine and tranny, even when purchased from engine and tranny OEM, is considerably cheaper than new ones in a regular truck. You can really build up a glider to be something special and easily stay under the 75% threshold, as the comparison is between the glider specs and a new truck spec'd virtually identical.
     
    Cowpie1, Dec 27, 2012
    Cowpie1, Dec 27, 2012
    #5
    holmancattle and scottied67 Thank this.
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