Are you ready to take the next step in your career and became an independent contractor? Or maybe you want to grow your fleet and provide your drivers newer equipment? Then you might nееd sustainable lease purchase program, and reliable partners to grow your business.
Well guess what?
Here, I list 10 of the best lease purchase trucking companies.
It’s a good starting point in your quest for the best deal in the market.
Best Lease Purchase Trucking Companies
Roehl as a big company, regularly sell their trucks. You can expect 2018, 2019, 2020, 2021, and check for the 2022 by calling them. Price vary from $575 to $700 depending on the year.
Freightech is another company that offers the opportunity to start your own business without investment. Here you have a weekly payment of $1000 and a lease period of 4 years. You will get 2021 Cascadia Freightliner with this program, and many other benefits such as 10% maintenance discount, e-Log device and tablet, 100% no-touch freight, flexible home time and others.
More info: https://freightech.us/lease-to-purchase/
Prime offers two leasing options, Lease and Lease Purchase. With the former, no money is required to get started, and at the end of the lease term, you turn the truck back them, while paying $100 per week for leasing. With the latter option you’re obviously purchasing a new or used truck and get $900 for years leasing and $1000 for three years.
J.B. Hunt is well-known name in the industry, and its lease purchase program is also spectacular. With no money and no credit check, you can go with J.B Hunt and fulfill your dream. You have 5.9% interest, zero down, and a $300 monthly credit as well as additional fund up to $10,800 to help eliminate your final balloon payment.
Riverside Transport was founded in 1993, and today this company operates with 750 tractors and 3000 trailers. They offer two leasing options: Fixed Rate Weekly and Variable per-mile. With the former, you have flat weekly payment depending on the year of the truck. A 2022, 2021 and 2020 truck is $738, while 2019 truck is 2021 is $708. With the latter option, you only pay for the miles you drive. A 2022, 2021 and 2020 truck is $.308 per mile, and $.295 with 2019 truck.
CRST is another name with history and you couldn’t go wrong with. They have $0 down lease purchase deal with no credit check required. 70% of revenue goes to the truck, you have consistent miles, and a late model Freightliner Cascadia.
ATS have many options when it comes to lease purchasing. The one-year flatbed lease purchase program, with no money down and no credit check is very popular. Also, here is the Van OTR program with 1, 2 and 3 years lease purchase options. You will get $2000 completion bonus for 1 year lease and $8000 completion bonus for 2 year lease. Finally, with little money down and no credit check, along with a sign-on bonus up to $10,000 you can go with the Heavy Haul Lease Purchase option. The bonus can also be used for a future down payment to purchase a truck.
JLE is offering one of the most enticing flatbed lease purchase program in the industry. Company’s lease purchase drivers are averaging $1727 weekly after expenses, having $0 down and no credit check. They provide recent-model trucks such as 2017-2020 Freightliner Cascadias and 2017-2018 Kenworth T680.
More info: https://jleindustries.com/lease-purchase
Ryder is one of the best companies to consider for lease purchase trucking. This company offers short, medium and long term options between 1 and 10 years to lease a truck as well as several capital and operating options for leasing. Regarding the equipment, you can get Freightliner Cascadia truck.
The real truck leasing cost really depends on the truck your leasing and other elements in your negotiations. You should expect monthly leasing rate between $2400 – $2700 for a brand new Cascadia and 3 to 5 years leasing period.
More info: https://ryder.com/solutions/fleet-leasing
Last but not least, we have PAM Transport where start can be as low as $379 per week for solo drivers. Moreover, no credit check and no money down while you’re getting consistent miles from PAM. Owner operators can lease 2018 trucks at only $679 per week and the option to buy for $12,500 at the end of two years. Student drivers can also take advantage of the program after six months. And the equipment is newer including 2020 & 2019 Peterbilts and 2019 Cascadias.
Take your time, and do in-depth research about the company you want to make business with.
Very often, friend recommendation is what you really need, but we hope you’ll find this list useful as well.
Last update: 09.08.2021