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Lease Purchase Program

Requirements

  • Must be at least 25 years of age
  • Stable Work History; no history of equipment abandonment
  • Same criteria as non-lease purchase drivers
  • Review of Credit History and MVR
  • 30 Days of Employment with Epes Transport as Company Driver
  • Review of garnishments
  • No Safety Probation
  • Review of availability, utilization, and productivity

Equipment

  • Freightliner Columbia's or Century's 2010 models
  • New tire, brake pads, and mattress
  • Cleaned and detailed
  • Engine Brake
  • 2 yr/200,000 Extended warranty after 500,000 miles upon passing inspection

Lease Agreement

  • Lease payments average - $440.00 per week.
  • $1,000 down payment. Applied to purchase price
  • Lease tractor from Epes Leasing for 156 weeks, terms could vary depending on value of tractor at time of lease.
  • Lease payments deducted directly from settlements weekly
  • Company agrees to pay for accountant(ATBS) for 1st year

Pay / Insurance

  • See I/C Pay Program
  • Fuel Surcharge weekly
  • Plate, Permits, Fuel Taxes, Liability and Cargo Insurance paid for by the company
  • Insurances mandatory: physical, bobtail
  • Weekly Settlements

Maintenance

  • $.10 per mile mandatory. Up to $5000.00 maximum in escrow account
  • Escrow accounts held 45 days after completion of lease
  • Inspections required at any of 3 Epes Shops quarterly
  • Services
    • A - No charge
    • A-F - $120.00
    • B - $250.00
    • C - $366.00
  • Any safety related repairs at $75 per hour and parts at cost at terminal location
  • Speed set at 63mph with electronic logs
  • All maintenance repairs to be approved by Epes Transport
  • All outside vendors need prior approval by Greensboro Shop Manager

This is more than a place where you earn top pay and get home weekly,It's also a place where you can build a bright future.
Britt Colley - President Epes Transport System, Inc.