Lease Purchase CDL-A Owner Operator — 75–88% of Gross, $3,000 Sign-On

This is a lease-to-own owner-operator opportunity running over the road in all 48 states with KDA Logistics (also referred to as Co Lines Inc). You lease a truck, get paid a percentage of gross revenue and the truck goes into your name when the lease period ends, with no balloon payment. There is a $3000 sign-on bonus.

Pay

• Choose from three plans: 75% or 77% of gross revenue, or 88% of gross revenue.

• At 75%, the company's 25% covers trailer rent (reefer and step deck), cargo liability, dispatch fee and ELD service. At 77%, the 23% covers the same for dry van or flatbed trailers.

• At 88%, the company's 12% covers only the dispatch fee. Other services are billed separately each week: dry van 53 ft $300, reefer 53 ft $400, flatbed 53 ft $320, flatbed 48 ft $280, step deck $350, cargo liability insurance $275 and ELD $15.

• Average weekly gross is stated as $6,000 to $9,000+. The take-home weekly check is stated as $1000-$3500+, depending on how much revenue you generate.

Trucks and lease

• Freightliner Cascadia 2018-2027: $599-$899 per week.

• International LT 2019-2023: $599-$800 per week.

• Kenworth T680 and W900 2018-2026: $550-$929 per week.

• Price depends on truck year and mileage. Brand-new trucks with zero miles are listed as available now.

• $0 down, no credit check, walk-away lease.

Home time

• Expect 2-3 weeks or more out, then up to 4 days or more at home.

Additional costs

• $2500 escrow taken in 25 installments of $100 from your weekly check. It stays in your name and is refunded within 45 days after you leave.

• Truck physical damage insurance $160-180 weekly, registration and highway taxes $60 weekly, occupational insurance $50 weekly, PrePass and Transflow $10 weekly, optional TVC benefits $5 weekly, trailer maintenance $100 weekly.

• A truck maintenance fund of 5 cents per mile, refundable if unused.

• You pay for fuel through a company fuel card, deducted weekly, and you cover your own tolls.

Perks

• Fuel discounts at Flying J and Pilot, cash advances, safety and referral bonuses, 24/7 support and new trailers.

• Passenger ride along and pet rider programs.

Requirements

• Valid Class A CDL and at least 2 years of OTR or regional experience.

• Clean driving record and a current DOT physical.

• Minimum age 23.

• No truck abandonment in your work history.