Announces One Of The Industry's Most Aggressive Building/Sales
Programs
There was a time when the folks who built the highly regarded
Glasair and Glastar lines inhabited a pretty lofty place on the
aeronautical food chain... and then times got tough. A few setbacks
put them in a less visible position for quite the while as they
rebuilt their company and updated their product line.
Now; with a reinvigorated update of the highly regarded Glastar
(an airplane that ANN's Jim Campbell judged to be one of the
industry's ten best, several years ago), called the Sportsman 2+2,
the folks of New Glasair/New Glastar are announcing that they are
VERY serious about regaining a solid leadership role in the sport
aviation industry... and their latest move is a shocker.
A two prong approach is designed to make their Sportsman program
one of the fastest building airplanes in the business... and offer
long-term financing, to boot. A number of programs, of a week to
two week durations are designed to allow a builder to come to New
Glasair/New Glastar's Customer Assembly Center (CAC) and do as much
work as they once would have assumed to have taken months... if not
years.
New Glasair/New Glastar's CAC Programs
With the combination of NG/NG's Pre-Built and Customer Assembly
Center (or "CAC") options, they plan to offer completion times on
the Sportsman aircraft that "no other aircraft company in the
industry can even come close to matching." Here's what they
have in mind...
Airframe Assembly Option (2 Weeks): Choosing
this option, in a mere 2 weeks, the
builder will essentially complete their airframe, accomplishing all
of the following:
- Installation of fuel tanks and fuel lines.
- Wiring for fuel transfer pumps in wings.
- Installation of Nav/Strobe conduit and wiring in wings.
- Installation of pitot system in wings.
- Wings complete and closed.
- Main Landing Gear aligned and installed (tail dragger or
trike)
- Wheels and tires mounted to main gear
- Tail Wheel Installed (if tail dragger)
- Nose Gear Assembled (if trike)
- Horizontal Stabilizer aligned and installed
- Elevator rigged and installed (including trim tab)
- Rudder rigged and installed
- Control yoke, control sticks, and flap handle assembly
installed
- Seat assemblies installed (minus cushions/upholstery)
- Rudder pedal assemblies and cables installed
- Brake pedals, brake lines and master cylinders installed
- Brake lines installed from pedals to wheels
- Aileron, Flap and Rudder pulley system and control cables
rigged and installed.
- Stainless Firewall installed (with all wire and cable pass
throughs located and drilled)
- Wings and wing struts aligned, rigged, drilled and installed on
fuselage.
- NOTE: Yes, there are some airframe related
items left for the builder to complete, including items such as
fairings for rudder, elevator and wing tips; installation of
windows; stick grips; cabin air system; etc.
Firewall Forward Option (1 Week):
Choosing this option, in 1 week, the builder will complete
the requisites of their firewall forward, including the
following:
- Engine mount installed,
- Engine installed
- Exhaust installed
- Baffling installed
- Induction system installed
- Oil cooler system installed
- Firewall forward fuel system installed
- Nose Wheel Assembly installed(if trike)
- Cowling installed
- Propeller and governor installed
- Spinner and backplates installed
- NOTE: Again, there are some firewall
forward items left for the builder to complete, including items
such as CHT/EGT probes; fuel system transducer; throttle, mixture
and prop controls; etc.
Exclusive Sportsman Financing Programs
The second tier of the New Glasair/New Glastar program uses
National Aircraft Finance Company (NAFCO) financing packages,
exclusively, for purchasers of the Sportsman Aircraft who also
purchase and attend the Customer Assembly Center (CAC)
program.
Sample Loan Payments
- Option One: 2 Week Airframe Assembly - Initial
out of pocket expense is approximately $6,500 with a monthly
payment of approximately $673. This option is for the customer who
wants to get their airframe completed in record time, but prefers
to take their aircraft home to complete the firewall forward
components (engine, prop, etc.), avionics, paint and interior at
their own pace. With this option, customers finance their kit, and
all options and CAC program costs necessary to attend the 2 week
CAC program.
- Option Two: 3 Week Airframe and Firewall
Forward Assembly - Initial out of pocket expense is approximately
$11,000 with a monthly payment of approximately $664. This option
is for the customer who wants to get their airframe and firewall
forward completed in record time, yet they want to take their
aircraft home, install their avionics, paint and interior and
finish their aircraft the way they want it, but still in an
unbelievably short period of time compared to any other aircraft on
the market. With this option, customers finance their kit; all
options and CAC program costs necessary to attend the 2 week CAC
program; and their engine, propeller and all firewall forward
options and accessories necessary to complete the 3rd week of the
CAC. All of these costs and expenses are combined into an
affordable loan, making it possible to get into the air faster than
ever before.
- Option Three: All Costs to
Professionally Complete a Sportsman in Weeks! - Initial out of
pocket expense is approximately $16,000 with a monthly payment of
approximately $1,014. This option is for the customer who
wants to fly and they want to fly NOW! With this option, the
customer finances all 3 weeks of the CAC; the engine; propeller;
professionally built instrument panel; paint and interior costs;
and all labor costs associated with having a professional
completion center assist you in completing the aircraft.
- Approved "Package" programs are fully financable with up to 90%
financing of the package price.
- Customer Assembly Center program cost included in the finance
package.
- All loans are fixed rate with no pre-payment penalties.
- Amortization programs up to 20 years.
Loan Application Requirements
A Completed NAFCO Loan
Application along with copies of 2 years Federal Income Tax returns
along with a copy of a current pay stub. If the Applicant is
self-employed, copies of 2 years of business returns will also be
necessary.
Loan Requirements Prior to Funding
NAFCO approved insurance must be in place on the aircraft prior
to funding. A closing cost of $350 will be due at the time of
closing. Automatic payment withdrawal is required on all
loans. All payments are estimated based on current interest rates
and terms and are subject to change without notice.