Lease purchase trucking companies are the best way to get started in the trucking industry. These companies lease trucks at a low price and then pay for them over time. They often offer flexible payment plans which can lower your start-up costs.
Lease purchase trucking is a business model that allows truckers to purchase the leased truck they are driving while they are still driving. This business model is often seen as one of the most reliable ways to make a profit in a difficult market.
There are many carriers offering a lease purchase program, but what makes them unique? This list of the top 15 lease purchase trucking companies includes our breakdown of the quality of their lease purchase programs and any incentives that could help you build your career.
The Best Lease Purchase Trucking Companies
If you’re a flatbed truck driver looking for your next job, lease purchase companies are a great option. The following 15 companies offer programs that give drivers the opportunity to work for themselves without having to worry about setting up their own business. These companies have solid reputations and offer benefits like health insurance and 401(k)s.
- ) Swift Transportation
- ) JB Hunt Transportation Services Inc
- ) CCT Logistics LLC
- ) CRST Van Expedited Leasing Corp (CRST)
- ) Exel Inc
15 Best Lease Purchase Trucking Companies;-
1. CR England
CR England is one of the largest trucking companies in the United States. With more than 30 years of experience in the industry, they offer a wide range of trucking services, including flatbed, dry van, refrigerated, and more.
The company was founded by Cliff Robinson when he purchased a small fleet of trucks and began his first business venture. CR England is based out of Springdale, AR with a fleet of over 2,000 trucks that are capable of hauling up to 80 tons per load at speeds up to 65 mph (104 km/h).
This trucking company offers some unique opportunities for drivers who want to earn valuable experience while also building their own career path towards becoming an owner operator or regional manager.
In fact, CR England will even provide training for you so that you can get started on your journey towards leadership within this company!
2. TMC Transportation
TMC Transportation is a trucking company based in Kansas City, Missouri. TMC is a family-owned business with over 95 years of experience and over 1,000 trucks and trailers. TMC has both regional and OTR options for drivers to choose from, and they pay an average of $55k per year.
They offer drivers a good lease purchase program that provides flexibility to drivers who want to own their own truck but don’t have the funds up front needed for this option. Their low turnover rate means that drivers feel comfortable working for them because of the stability it offers them within their job market
3. Paschall Truck Lines (PTL)
PTL offers a variety of lease purchase options to suit your needs. If you’re interested in becoming an owner-operator, PTL can help you get started with one of their many financing options. This is a great option for experienced truckers who want to own and operate their own business.
If you’re not quite ready to go it alone, PTL also offers traditional lease purchase contracts where they take on all responsibilities of ownership while providing you with the equipment and support needed to run your business successfully.
Whatever type of contract you choose, at PTL they’ll provide all the information necessary for making an informed decision about your future career as well as step-by-step guidance throughout the entire process from start to finish.
4. Werner Enterprises
Werner Enterprises is a trucking company that offers lease purchase opportunities to drivers. They have a wide range of lease purchase options, but they require at least $1,000 down payment and $1,000 per month payment.
Their trucks are well maintained and the company has been in business for over 70 years.
5. Heartland Express
Heartland Express, Inc. is a truckload carrier with headquarters in Overland Park, Kansas. The company employs around 6,000 people and operates a fleet of more than 3,000 tractors. It has also invested heavily in its technology to help improve efficiencies in its system.
Heartland Express is one of the largest trucking companies in the United States and it’s known for having some of the cleanest trucks on the road today.
6. Boyd Bros Transportation
Boyd Bros Transportation is a family-owned and operated trucking company that has been in business since the 1950s. The company offers a lease purchase program that allows drivers to lease a truck for up to 3 years.
This arrangement allows drivers to avoid needing a large down payment, which can be an obstacle for many new drivers.
Hirschbach Motor Lines also offers a lease purchase program that pays you $6000 upon signing up, $6000 more at 6 months, and $6000 more at 12 months (or when you buy the truck).
7. Hirschbach Motor Lines
Hirschbach Motor Lines (HML), a family-owned and operated trucking company, was founded in 1948 by Frank and Joe Hirschbach. Today, HML is headquartered in Milwaukee, Wisconsin with terminals located in Ashland, Kentucky; Elmhurst and Melrose Park, Illinois; Houston; Roswell, New Mexico; and Rockford, Illinois.
With operating headquarters in Rockford since March 2018, the company has evolved from a refrigerated carrier with just 20 tractors to a flatbed carrier with more than 300 tractors that serves its customers throughout the United States.
HML provides full service transportation services for steel coils for rail yards as well as cranes for construction projects across North America. HML also operates dry van fleets dedicated to moving furniture parts from manufacturers to distribution centers across the U.S., Canada and Mexico.*
8. Celadon Trucking
Celadon Trucking is one of the best lease purchase trucking companies.
It offers lease purchase opportunities for new truck drivers, and you can sign up to become a driver as long as you have your CDL and are at least 22 years old.
The company has a fleet of over 1,000 trucks that are all equipped with technology like GPS systems and onboard computers. Both their freight and the drivers’ time are tracked using these technologies so that both sides know where in the journey they are at any given time.
This is especially helpful for Celadon Trucking because it means that if there is an issue with any part of their operation, they can easily see where it happened so they know how best to fix it
9. Covenant Transport Services, Inc.
Covenant Transport Services, Inc. is a trucking company that was founded in 1976 and is based in the United States. The company has been providing transportation services to customers since its inception, with over 471 employees working for them today.
Covenant Transport Services, Inc. offers many services including flatbed and dry van transportation across the U.S., as well as Canada and Mexico borders; refrigerated trucks, temperature-controlled trailers; specialized transportation; logistics management solutions; warehousing services; intermodal freight transloading facilities; and much more!
10. Maverick USA, Inc.
Maverick USA, Inc. is a trucking company based in Dallas, Texas. They offer a lease purchase program for drivers who want to lease trucks from them. J&R Schugel Trucking, Inc.’s Clear Blue Lease Purchase Program is the only place online where you can find information on their lease purchase program as well as contact information and other details about this company’s trucking services and products.
J&R Schugel Trucking, Inc. offers a wide range of transportation solutions with its fleet of more than 200 tractors and 1,000 trailers that operate throughout North America every day delivering freight to over 3 million customers annually through our network of 300+ locations across North America including businesses such as Target Corporation (NYSE:TGT), Wal-Mart Stores Inc.,
Best Buy Co., Staples (NASDAQ:SPLS) Office Depot Inc., Kroger Co., Home Depot – all companies that rely on J&R Schugel Trucking’s extensive reach into virtually every major city within the United States and Canada!
11. Quality Carriers (QC) Inc.
Quality Carriers is a family-owned and operated trucking company based out of St. Louis, Missouri. They have been in business since 1955 and have a fleet of over 1,300 tractors and 3,000 trailers. With over 300 locations, they are one of the largest bulk chemical carriers in the United States.
With QC’s lease purchase program, you can become an owner-operator with no money down! If you’d like to learn more about this opportunity or if you want to apply now click here to fill out your application today! https://www.qualitycarriersinc.com/
12. CFI Driver Academy Flatbed Lease Purchase Program
While you may be tempted to choose a company that offers extra incentives such as free fuel and toll roads, it’s important to remember that these benefits can be very expensive and can often lead to late payments. If you’re struggling with cash flow, the best thing you can do is work with a reputable lease purchase trucking company that has a good reputation for customer service and supports their drivers.
The CFI Driver Academy is one of the most popular choices among new drivers who want to get started in flatbed trucking. The company has been around since 1998 and has earned several awards along the way including “Top Fleet Owner” from Lease Owners Association (LOA) four years in a row from 2013-2016.
CR England also offers a flatbed lease purchase program but it’s not as easy for beginners because they require an experienced driver behind the wheel before applying for this type of contract job which means having at least 18 months worth experience driving trucks within one year prior application date if your driver record shows any moving violations or accidents during this time period then CR England will require additional references from current employer/employers prior
13. J&R Schugel Trucking, Inc. Clear Blue Lease Purchase Program
J&R Schugel Trucking, Inc. (J&R) is a family owned and operated company that has been in business since 1969. They specialize in flatbed freight transportation, refrigerated trucking, and specialized logistics solutions for their customers throughout the United States and Canada. J&R also offers driver education through their CFI Driver Academy which helps drivers get started on the right path to becoming a professional trucker by providing them with the necessary skills needed to succeed on the road as well as behind the wheel of your rig!
The Clear Blue Lease Purchase Program is an ideal way for new drivers looking to get into this exciting industry without going broke trying it out first hand! This program offers qualified candidates an opportunity they may never be able to take advantage of otherwise; allowing them access into one of America’s top tier fleets while still maintaining financial responsibility over all aspects within their business such as vehicle maintenance costs so they don’t have worry about anything except driving safely out there.”
14 . Anderson Trucking Services (ATS) Flex Fleet Program
Flex Fleet Program
This is a lease purchase program that offers a variety of lease purchase options. You can choose to lease your truck or choose to own your truck at the end of the term, depending on what works best for you. The Flex Fleet Program is designed so that it will work for any driver and any company size.
If you are still unsure about whether this program is right for you, then read on below to learn more about the benefits of leasing your truck with Anderson Trucking Services (ATS).
15 . USA Truck Your Road to Success Lease Purchase Program
USA Truck is a leading provider of truckload transportation services in the United States. The company provides truckload transportation services to all 48 contiguous states, along with Canada and Mexico.
USA Truck offers lease purchase programs that allow drivers to own their trucks in as little as 2 years. The company’s training program gives new drivers the opportunity to learn how to drive a truck with a professional driver.
USA Truck offers excellent pay and benefits, including health insurance.
Conclusion
If you want to drive your own truck in 2022 and beyond, a lease purchase is the best way to do it. The companies on our list offer great training, affordable leases, and will help you get established as an owner-operator.
A lease purchase provides a means for you to start your own business without needing a lot of capital upfront. It’s also great if you don’t want to get locked into a long-term contract with one carrier or be responsible for maintaining your equipment.