Lease Purchase Program
Own your own truck in 36 months! $1 buyout at the end of the lease. Paid Accounting and Tax Service for first 12 months.
- 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
- 2009 Freightliners
- New tires, brake pads, and mattress
- Cleaned and detailed
- Engine Brake
- Extended warranty after 500,000 miles upon passing inspection
- Lease payments $440.00 per week.
- $1,000 down payment. Applied to purchase price
- Lease tractor from Epes Leasing for 156 weeks
- Lease payments deducted directly from settlements weekly
- Company agrees to pay for accountant(ATBS) for 1st year
- .92 per mile loaded & empty - Additional .10 per loaded miles when delivering to the Northeast
- Fuel Surcharge weekly loaded and empty
- Plate, Permits, Fuel Taxes, Liability and Cargo Insurance paid for by the company
- Insurances mandatory: physical, bobtail
- Weekly Settlements
- $.07 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 $70 per hour and parts at cost at terminal location
- Speed set at 63mph
- All maintenance repairs to be approved by Epes Transport
- All outside vendors need prior approval by Greensboro Shop Manager
