CDL-A Lease Purchase OTR Truck Driver — 80/20 Percentage Pay

Our company LLC, in partnership with MTE-Leasing, is offering a lease-purchase opportunity for CDL-A drivers who want to own their truck and run OTR lanes across the lower 48 states. Pay is based on an 80/20 gross split, with weekly settlements averaging around $6,500 gross before lease and expenses are deducted.

Pay

You keep 80% of gross revenue under this lease-purchase plan. Weekly gross is estimated around $6,500 on average, though actual earnings depend on miles run. A sign-on bonus of $500 pays out after your first 9,000 miles. Extra weekly bonuses are available based on loaded miles: $100 for 2,100 miles, $225 for 2,300 miles, $275 for 2,500 miles, and $350 for 2,800 miles. Weekly pay advances of up to $200 are available, and settlements go out by direct deposit with no delay.

Home time

There's no forced dispatch here - you choose your own loads and decide how often you head home.

What you'll haul

Expect dry van, no-touch freight, with about 70% drop-and-hook. No hazmat loads, and no runs into Canada or Mexico. Driver-assist loads are optional if you want them.

Lease details

Trucks are 2023-or-newer Freightliner Cascadias or Kenworth T680s, still under factory warranty, with a 7-day initial trial period. You'll need $5,000 down (a loan option is available at $300/week), and weekly lease payments range from $750 for a 2023 model (3-year term) up to $950 for a 2025 model (4-year term). There's no credit check and no interest charged on the lease - it runs on a Common Revenue Target basis - though a $15,000 balloon/residual payment is due at the end. As the lessee, you're responsible for plates/registration, fuel card, physical insurance, HWY 2290/IRP, and IFTA reporting.

Requirements

You'll need at least 3 months of recent, verifiable Class A experience pulling 48-53 foot trailers, a valid CDL, and a current DOT medical card attached to your license. Applicants must live in one of the approved states: AL, AR, CT, DE, GA, IL, IN, IA, KS, LA, KY, MD, MA, MI, MN, MS, MO, NE, NH, NJ, NY, NC, ND, OH, OK, PA, RI, SC, SD, TN, TX, VT, VA, WV, or WI. SAP applicants are welcome to apply as long as Step 5 of the Return-to-Duty process is complete (a C/TPA can be used to finish this step).

Benefits

This is a 1099 independent contractor position, so no company benefits are included - but you can purchase additional coverage on your own. Fuel and maintenance discounts are available (amounts vary by location), and the policy allows for one rider and one pet dog.