GIVE US A CALL
Lease Program
New Student
Class A CDL
CDL A Car Hauler
Team Drivers
Currently All 50 States
0-10 miles
10-20 miles
20-30 miles
30+ miles
A lease purchase trucking program is an arrangement where a driver leases a truck from a trucking company with the intention of eventually owning it. The driver makes lease payments over a specific period, and once the lease term is complete, they have the option to purchase the truck at a predetermined price.
Welcome to Lease Purchase Program
We believe in empowering experienced professional drivers to take their careers to new heights. Our Lease Purchase Program offers some of the industry's highest miles and revenue potential, making it an excellent choice for drivers with a strong work history and safety record. Here's everything you need to know about our program:
Program Highlights
Contractors earn 70% of the revenue: You'll enjoy a significant share of the earnings.
97% of the fuel surcharge: We ensure you benefit from fuel price fluctuations.
$0 money down and no credit check: Getting started is hassle-free.
20 days notice ends the lease: Flexibility without financial penalties.
Late model Freightliner Cascadia’s: Our lease fleet features well-maintained trucks from 2017-2021.
Guaranteed bumper-to-bumper maintenance: Peace of mind on the road.
Lease lengths: Vary based on the tractor year, typically 2-4 years.
Buyout option: Own your tractor after the lease term for an affordable $5000 balloon payment.
Truck Specifications
Our lease trucks are equipped with:
2017-2021 Freightliner Cascadia’s
435 HP, 14-Liter Detroit DDC engine
Eaton Fuller straight 10-speed transmission
70” raised roof double-bunk sleeper cab
Rear axle gear ratio of 3.58
Engine RPM 1450 at 65mph
Tire size of 295/80R 22.5 low profile
These trucks undergo thorough cleaning and maintenance to ensure reliability on the road.
Contractor Compensation
Earn 70% of the gross revenue on each load, plus 97% of the fuel surcharge (approximately $1.20/mile).
Continued rate increases with our customers mean increased profits for you.
Additional $.04/mile for hauling Haz-Mat placarded loads.
Accessorial pay (extra stop, detention, etc.) settled at 70% to the independent contractor.
Fuel discounts at select fuel stops.
Settlements made twice a week for your convenience.
General Information
We don't force dispatch, allowing you to have control over your schedule.
Program offers multiple lease options, including teams, lead drivers, and solos.
Average length of haul for solos is 900 miles; teams and lead drivers enjoy over 1500 miles.
Optional health insurance benefits available.
Pet allowance: Bring one cat or dog (up to 40 lbs) for a $250 deposit, payable at $25/week.
Our Business Model
Lead Driver Program: Independent contractors can become lead drivers, earning $0.09 cents/mile for all loaded miles when they have a student.
Train Your Spouse/Partner Program: Train your spouse/partner at a reduced cost and help them earn their CDL.
Orientation
Orientation is held Monday through Friday at our corporate headquarters in Cedar Rapids, IA.
We arranges transportation, lodging, and provides meals during orientation.
Minimum Qualifications
To join our Lease Purchase Program, you must:
Be at least 21 years old.
Pass a DMV/DOT physical and a pre-employment drug screen.
Maintain a good driving record.
Have been licensed in the United States for a minimum of 2 out of the last 3 years.
Meet specific criteria for DUI/DWI and criminal convictions.
Weekly Fixed Costs/Deductions
We've outlined the weekly fixed costs and deductions for your reference:
Truck Payment: $449/week
Trailer Rental: $25/week
Base Plates and Permits: $75/week (for 6 months)
Escrow (Interest Bearing): $75/week
Federal Highway Use Tax (2290): $10.58/week
Physical Damage Insurance: $60.58/week
Bobtail Insurance: $30/month- $6.92/week
Trailer, Cargo & Clean up Insurance: $42/month- Michigan Res $34.62/week
Qualcomm Satellite Rental: $16.63/week
Trans-Flo Fee: $15/month- $3.46/week
Total Fixed Costs/week: $781.79/week
Variable Costs
Fuel: Negotiated fuel surcharge ensures competitive earnings.
Tolls and scales: Your responsibility.
Maintenance: Covered by our maintenance program.
Ready to start earning 70% of all revenue and enjoy industry-leading miles? Contact us today to learn more about our exciting opportunities!