Job Description

CDL-A Lease Purchase Driver at C1 Transportation summary:

The CDL-A Lease Purchase Driver operates flatbed trucks under a lease-to-own program, earning 75% of the load gross with numerous weekly and monthly deductions including truck payments, insurance, maintenance, and fuel costs. Drivers begin as contractors for a month before qualifying for the lease purchase program and receive benefits such as vacation weeks, referral bonuses, fuel discounts, and safety incentives. This position requires managing expenses, adhering to safety standards, and maintaining the vehicle while working towards ownership of the truck.

Your Road, Your Rig, Your Future

No credit check, no down payment, no balloon payment, walk away lease. Driver should start as a contractor with us first for one month before we guarantee the LP program. This program is only available for our flatbed trailers.

Pay:

75% of the total load gross. (25% includes trailer rental and cargo/ liability insurance)

Weekly deductions:

• Truck Payment (ranges from $750-$900 depending on truck)
• Bobtail Insurance $150 weekly
• Physical Damage Insurance: $50 weekly
• Securement Equipment: $100 weekly (this will be paid off at $2,500 in total)
• Registration: $60 weekly
• Maintenance Program: 0.15-0.16cpm weekly depending on truck year and miles. (average
• $350-$450 weekly, caps out at $10,000

Fuel: unfixed amount (typically an average fuel cost is between $1200-$1700 weekly)

Tolls: varies on route driver takes

Monthly Deductions:

• Occupational Insurance: $200
• Prepass: $20
• ELD: $75
• Offsite parking (if needed) $250
• ELD deposit of $250 (one time charge, fully refundable)

Other deductions:

• IFTA: (quarterly) typically between $200-$500
• 2290: $600 yearly
• Highway taxes: $500 yearly
• Permits (NY/NM/KY/OR/IFTA STICKER): $50 one time.
• Driver legal plan (optional) $13.33 per month
• Security Deposit: $250 weekly until $2,500 cap has reached (first 10 weeks, refundable as long as two weeks notice is given, no major damages to equipment and no insurance claims)

Summary:

If driver grosses $7,000 he gets 75% of that which is $5,250 After deductions listed above, (including occupational and escrow) driver will bring home around $1,900 weekly.

Truck payments:

• 2025 truck - $900 weekly, 0.15cpm maintenance fund account,4 year term
• 2024 truck - $850 weekly, 0.15cpm maintenance fund account, 3 year term
• 2023 truck - $800 weekly, 0.16cpm maintenance fund account, 2 year term
• 2022 truck - $750 weekly, 0.16cpm maintenance fund account, 2 year term

Perks:

• Two weeks of “vacation” per year, where the truck payment is not applied. (first week is granted after 6 months, second week is granted on 12th month. Driver must call and coordinate with the dispatcher before taking a week vacation. May only take one week at a time)
• Referral Bonus of $500 ($250 second week after 1st load delivery, another $250 four week after 1st load delivery.
• $0.25cpg fuel discount
• Safety bonuses up to $300 per clean inspection
• No forced dispatch
• Maintenance fund account is eligible for all maintenance other than towing for improper parking, running out of fuel, truck/trailer wash.

Drive today, own tomorrow

Keywords:

CDL-A driver, lease purchase truck driver, flatbed trucking, truck lease program, truck payments, freight hauling, driver safety bonuses, fuel discounts, truck maintenance, contractor driver

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