First the driver gets qualified with one of our approved carriers (click here to see the full list). Then Quality Companies leases the owner-operator a truck with no down payment. The driver must drive for the approved carrier for the life of the lease. The payments come right out of the settlement each week. Once the driver has completed the term of the lease, Quality Companies signs off on the title, and the driver owns the truck.
The driver will need to stay with first carrier for 90 days. Quality Companies will then grant a transfer as long as there is a Terms of Separation Agreement signed by the driver’s carrier. The driver will have to sign new paperwork with the new carrier to get settlement deduction set up.
Payments range from $300 per week to $695 per week. The lease payment is determined by year, make, and model of the selected equipment. Leasing agreements are 4 – 7 year terms, with all at a $1 buyout.
The leasing department takes care of all reimbursements. Upon arrival to our location, visit the Leasing entrance located on the east side of the building past the loading docks. Speak to a leasing agent and they will help take care of payments and reimbursements.
If you need to turn in your leased truck or you are needing your truck recovered you will need to contact our Operations department at 317.972.7094 ext. 28930. Please note if you drive for Celadon or Eagle you will need to contact your DM!
2013 International ProStar
2013 Volvo VNL
2012 Freightliner Cascadia
2013 Volvo VNL
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