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Lease to Own Drivers Wanted
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Chart your own destiny! With Buchanan’s Lease to Own Program, you can work your way up to ownership and all of its rewards, yet enjoy the support and structure of Buchanan’s administrative team. We’ll help launch you on the path with a low point of entry and controlled costs along the way. Get in the driver’s seat and investigate Lease to Own.

Overview

  • 100 % of fuel surcharge, tarping and stop pay passed on to Lease Purchase driver
  • Payroll is directly deposited into your bank account weekly
  • Next day Pay Option available (2%) fee
  • Scan your Bills of Ladings in from truck stops or by smart phone app
  • Com data fuel cards with $300.00 cash advance weekly
  • Company paid cargo and liability insurance
  • Contractor revenue:
    • Tractor Only - 68% of the Gross Line Haul with Carriers van, flatbed or step-deck trailer
    • Tractor Only - 65% of the Gross Line Haul with Carriers trailer (other than van, flatbed, or step-deck i.e., double drop, multiple axles of 3 or more, stretch trailers, etc.)
    • Tractor and Trailer - 75% of the Gross Line Haul
    • Tractor and Trailer - 6-9 axle - 77% of the Gross Line Haul

Ready to Apply? Click here to view our Full Application Options


Cost

  • Buchanan can provide your flatbed equipment (chains, binders, tarps, etc.) payable in weekly payments. Cost of flatbed equipment over $350.00 deducted weekly at 8% of total equipment cost plus 3% finance fee. Example: $1500.00 in equipment + 3% carrying cost ($45.00) = $1545.00 x 8% = $123.60 weekly deduction until paid in full.
  • Lease Payment - Depends on year, make and model of tractor
  • Duration of Lease – Varies depending on year make and model of tractor
  • Weekly Maintenance Deduction - $135.00 for the duration of the lease agreement
  • Base Plate Program - $45.00 deducted weekly
  • Escrow Account - $100.00 deducted weekly for 20 weeks ($2,000.00) per year
  • Fuel Taxes - $20.00 per week, every 90 days a report is provided if you purchased enough fuel in the states in which you traveled your fuel tax escrow is refunded
  • IRS 2290 - $10.58 per week
  • Insurance Program:
    • Physical Damage - 4% of insured value, then divide by 52 for weekly deduction
    • Bobtail/Non-Trucking - $9.00 per week deduction
    • Occupational Accident Insurance - $32.31 per week deduction. This coverage is required
    • Michigan Rider (Michigan residents only) $5.00 per week

Lease to Own Driver Requirements

  • Must be at least 23 years old
  • Must have 2 years of verifiable experience
  • Must be a Buchanan driver for at least 6 months OR have previous verifiable lease purchase or owner operator experience and meet specified gross revenue goals as determined by the company

Ready to Apply? Click here to view our Full Application Options


Hazmat Lease to Own Driver Requirements

Buchanan Specialized Transportation Services offers the same pay and benefits as highlighted above with the advantage of adding numerous lanes that are not available to our current non HazMat drivers.  To qualify for Specialized you must currently hold your HazMat and Tanker endorsements and have a valid and current TWIC card.  

  • Must be at least 23 years old
  • Must have 2 years of verifiable experience
  • Must be a Buchanan driver for at least 6 months OR have previous verifiable lease purchase or owner operator experience and meet specified gross revenue goals as determined by the company
  • Must currently hold your HazMat and Tanker endorsements
  • Must have a valid and current TWIC card

*Additional requirements for qualifications may be imposed. No determination can be made on your eligibility until your qualification paperwork is received and reviewed by a Buchanan representative in Fort Wayne, IN.



Ready to Apply? Click here to view our Full Application Options


Geary just believes in our company—that it’s a great place to work, that it’s family-oriented, that everybody knows your name.

Becky Buchanan
Executive Vice President