How to buy a US registered glider
No Sales tax is due in California for this transaction. Of that I am
sure. But this raises the question, do I need a separate bill of sale
for the glider (form 8050-2) and another for the trailer? What are
the considerations when pricing the trailer? I assume registration
fees at the DMV are based on it's value.
I will purchase insurance of course, but I am told by Costello that
liability coverage for an auto accident involving the trailer must be
covered by my auto insurance. The value of the trailer and its
contents are covered by Costello.
Matt (Jr)
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