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 by Triad Freightliner and MVR (EPES safety dept).
Equipment
- View complete inventory at www.selectrucksofgreensboro.com
- 2012 Freightliner Cascadia's starting at $60,000.00 as of July 2015
- Cleaned and detailed
- Premier 2000 warranty 36 months/1 million miles on major components included
Lease Agreement
- Lease payments average - $400.00 per week depending on purchase price
- $1,000 down payment. Applied to purchase price
- $550.00 required for annual Heavy Vehicle Use Tax (in order to obtain plate)
- Lease tractor from West Carolina Freightliner, terms could vary depending on value of tractor at time of lease.
- Lease payments deducted directly from settlements weekly and remitted to the lessor as agreed between lessor and lessee
Pay/Insurance
- % pay + 100% billable fuel surcharge
- Company paid Cargo & Liability Insurance
- IC responsible for apportioned license plate, fuel taxes and permits. IC has option for Epes to obtain and charge back to IC.
- Physical Damage and Non-Trucking Liability (Bobtail) Insurance required. IC has option for Epes to obtain and charge back to IC.
- Weekly Settlements
Maintenance
- $.10 cent per mile required by lessor. Up t0 $5000.00 maximum in escrow account
- Escrow accounts held 45 days after completion of lease
- Federal Inspections required by the lessor at any of 5 Epes Shops every 120 days at no cost to the lessee
- Independent Contractor Repair Service Rates
- A-No charge
- A-F-$120.00
- B-$250.00
- C-$366.00
- Any safety related repairs at $75 per hour plus parts at cost if provided at an Epes Transport terminal location
- Speed set at 63mph by the lessor with electronic logs
- All maintenance repairs to be approved by the lessor
