Lease-to-Own Purchase Disclaimer
Lease-to-Own / Lease Purchase Program Disclaimer
Last Updated 12/04/2025
Buchanan Hauling & Rigging, Inc. (“Company,” “we,” “our”) operates DriveBuchanan.com to provide information on lease-to-own or lease purchase opportunities for drivers. Participation in these programs is subject to legal, operational, and financial terms outlined below.
1. Independent Contractor Status
- Lease drivers are independent contractors and not employees of the Company.
- Program agreements define compensation, schedules, and operational responsibilities.
2. Financial Obligations
- Drivers are responsible for lease payments, insurance, fuel, maintenance, and other operational expenses.
- Projected earnings and mileage are estimates only and may vary due to operational conditions, fuel costs, or routes.
3. Equipment and Compliance
- Drivers must maintain proper licensure, valid CDLs, insurance coverage, and safety compliance at all times.
- Equipment must meet Company and regulatory standards.
4. Risk and Liability
- Drivers assume all operational and financial risk associated with leased equipment.
- Company is not liable for damages, accidents, or financial losses related to program participation.
5. Termination or Program Modification
Company reserves the right to terminate participation or modify program terms in accordance with the signed lease agreement.
6. Contact
Questions regarding the Lease-to-Own or Lease Purchase Program should be directed via Contact Us.
Frequently Asked Questions About Buchanan's Lease-to-Own Purchase Disclaimer
Does participation in a lease-to-own program guarantee truck ownership?
No. Participation in a lease-to-own or purchase program does not guarantee ownership of a vehicle. Ownership is subject to the terms of applicable agreements, financial obligations, program requirements, and successful completion of contractual conditions.
Why does Buchanan provide a Lease-to-Own Purchase Disclaimer?
The disclaimer helps provide transparency regarding truck ownership opportunities, financial responsibilities, contractual obligations, business expenses, revenue estimates, and other information associated with lease-to-own or purchase programs.
What financial responsibilities may apply to lease-to-own participants?
Financial responsibilities may include vehicle payments, insurance costs, maintenance expenses, fuel expenses, taxes, licensing fees, operating expenses, and other obligations outlined in applicable agreements.
Are earnings or revenue estimates guaranteed?
No. Any earnings projections, revenue estimates, mileage examples, or financial illustrations are informational only. Actual results may vary based on freight availability, operating costs, business decisions, equipment utilization, and market conditions.
Are lease-to-own participants considered independent contractors?
Program participants may be subject to independent contractor agreements, lease agreements, or other contractual arrangements depending on the program structure and applicable terms.
What risks should be considered before entering a lease-to-own agreement?
Applicants should carefully review financial obligations, operating expenses, maintenance costs, insurance requirements, contract terms, business risks, and ownership conditions before entering any agreement.
Why is financial transparency important in lease-to-own programs?
Financial transparency helps applicants understand ownership opportunities, contractual responsibilities, business expenses, and potential risks so they can make informed decisions.
Where can applicants obtain official information about lease-to-own opportunities?
Applicants should refer to official Buchanan program materials, agreements, disclosures, and communications for the most current information regarding any lease-to-own or purchase opportunity.
Other Links
For additional resource links, see below:
Driver Recruitment Disclaimer | At-Will Employment Notice | Equal Opportunity Employer Statement | DAC / PSP / Background Check Disclosure | Safety, Hours-of-Service (HOS), and ELD Policy | Privacy Policy Addendum for Recruitment | Contact and Support Disclaimer for Applicants | Owner-Operator Program Notice | Lease-to-Own / Lease Purchase Program Disclaimer | Team Driver Program Policy

