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

This is a 1099 lease-purchase opportunity for experienced CDL-A drivers to run their own truck under our company/MTE-Leasing, hauling dry van, no-touch freight across the lower 48 states.

Pay

• You keep 80% of gross revenue; the leasing company receives the remaining 20%

• Weekly gross is estimated to average around $6,500

• Weekly bonuses based on loaded miles: $100 for 2,100 miles, up to $350 for 2,800+ miles

• Weekly pay advances available up to $200

• A $500 sign-on bonus pays out after your first 9,000 miles

• Settlements are direct deposited weekly with no delay

Home time

• No forced dispatch — you choose your loads and how often you go home

What you'll haul

• Dry van trailers only, mostly no-touch freight with optional driver-assist loads

• About 70% of freight is drop and hook

• No hazmat, and no runs into Canada or Mexico

• Freight comes from a steady customer base (70%) plus brokered loads

Lease details

• Trucks available are 2023-or-newer Freightliner Cascadia or Kenworth T680 models

• $5,000 down payment required, with a loan option at $300 per week

• Weekly lease rates run $750 for a 2023 model (3-year term), $850 for 2024 (3-year term), or $950 for 2025 (4-year term)

• No credit check and no interest charged on the lease balance

• A $15,000 balloon/residual payment is due at the end

• You cover plates, registration, fuel card, physical insurance, highway use tax (2290/IRP), and IFTA reporting

Requirements

• At least 3 months of recent, verifiable Class A experience pulling 48-53 foot trailers

• Valid CDL-A and DOT medical card

• Drivers must reside in one of the listed hiring states

• SAP applicants are considered if Step 5 of the Return-to-Duty process is complete (a C/TPA may be used)

Benefits

• Fuel and maintenance discounts that scale with volume

• 24/7 support team based in Michigan

• Option to bring a rider and one pet dog

• This is a 1099 contractor position; no company benefits are provided, though you can purchase additional benefits at your own cost