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Lease Purchase Options

Lease Purchase Positions

Download Lease Purchase
Driver Application

Thinking about being your own boss? Then the PGT Lease Purchase Program is perfect for you.

PGT Trucking is a leading flatbed motor carrier servicing the metals and building products industries. We are proud that you are interested in joining our team of professional Lease Purchase Drivers. We are confident that our corporate culture and Lease Purchase Department will give you the knowledge to succeed.

At PGT Trucking, we take pride in our Lease Purchase Fleet. We celebrate our accomplishments and milestones together. We will be here to help you overcome the daily challenges of being your own boss. Our long-term goal is to help make each Lease Purchase Driver a successful entrepreneur. With your determination, we will attain this goal together.

PGT Trucking encourages small business ownership. We can tailor a Lease Purchase Plan that fits both your equipment and financial needs. We feature Navistar International Conventional tractors in a variety of model years.
                 
We look forward to providing you with the necessary support to help make your business dreams come true. Invest in your future at PGT Trucking.

Hiring Qualifications:

  • 1 year of tractor trailer driving experience
  • 6 months recent flatbed steel hauling experience - verifiable
  • Maximum of 2 preventable accident in past 3 years
  • Maximum of 3 moving violations in the last 3 years
  • No more than 1 serious moving violation in last 3 years
  • No DUI's in the past 5 years
  • No felonies in last 7 years
  • Not currently on parole or probation
  • Minimum age of 23 years

Lease Purchase Facts:

  • No down payment
  • Credit check required
  • No balloon payment at end of term
  • Prices and terms are based on unit year, mileage and any major repair
  • Required $175.00 per week Maintenance Reserve Account
  • Satellite required
  • You will be responsible for your own securement equipment (can be purchased at cost through PGT)
  • No Pets

Direct Deposit: Lease Purchase Drivers are encouraged to take advantage of the convenience of weekly direct deposit of paychecks.
 
Paid Weekly/Settlement Pays: We use Transflo Express which receives bills directly from truck stop scanning stations resulting in fast settlement and payment.

Pickup / Drop Pay: Additional compensation varies per account for pickup or drop outside of the normal 1 pickup plus 1 drop situation for the average load.

Fuel Surcharge: You will receive 100% fuel surcharge paid by the customer on the loads you haul.

Road and Fuel Tax: The company will file all state fuel taxes and state highway usage taxes. You are required to turn in all fuel receipts that are not purchased with a company issued fuel card. Fuel should be purchased in the states in which you log miles.

 

Toll Passes: The Company does not pay for toll passes.

Healthcare: You are now eligible to enroll in the Insurance plans and Benefits thru UTBA. You can pick and choose the insurance plans that best fit your insurance needs thru the UTBA call center at 1-877-472-5541. Premiums are collected thru settlement deduction as an accommodation by PGT. Health, Life, Dental, Vision, Disability and more! Amounts vary depending on plan selections. Call UTBA for details.

Safety Incentive Program: Ability to earn 1.25% to 1.75% each quarter based on safety.

Stay Clean Program: All Lease Purchase Drivers receive a $50 gift card for every violation-free roadside inspection.

Non-Trucking Liability Insurance: $1,000,000.00 in coverage for Non-Trucking Liability is required for Lease Purchase equipment. PGT Trucking will provide this coverage for $10.96 per week.

Physical Damage Insurance: Physical Damage Insurance is required for Lease Purchase equipment.  PGT Trucking will provide this coverage for approximately $5.50 per thousand of value.

Rider Program: Lease Purchase Drivers can request a rider certificate for anyone who is at least 12 years of age. Any rider under age 18 must be a relative. The driver must have a valid Rider Program Certificate in their possession from the Compliance Department.
 
Base Plate: Lease Purchase Drivers will be charged $30.00 per week for Ohio Tractor plate until the unit is paid off. Once the tractor is paid off, the owner will have 30 days to purchase their own plate or opt to purchase through PGT once title is received.

Workers’ Compensation: PGT requires the owner to supply appropriate Workers’ Compensation coverage for each of his or her drivers, as defined by the state's laws in which your business resides. PGT Trucking offers Occupational Accident Insurance for $142 per month for individuals who qualify.
 
Settlement Percentage:

Tractor percentage:

Trailer rental:

75% of gross minus trailer rental

$185.00 per week

Building Products Division:

Percentage based on division

Liability Claims and Accidents: All owners who participate in our Liability Limiter Program will be held liable for any amount up to $1,000.00 for cargo loss/damage, and $1,000.00 for property damage per occurrence, for a monthly payment of $40.00 for each vehicle leased. The other option available is to have a $30,000.00 escrow.
 
Escrow: A $2,500.00 escrow is required. It will be deducted at $62.50 per week until $2,500.00 is reached—No money needed up front!
 
Federal Inspections: All Lease Purchase equipment will be Federally Inspected upon assignment. An annual inspection is required every 90 days at a Company approved facility. One each year, must be conducted at a PGT owned facility.

Other Benefits:

 

Credit Union

 

Fuel Cards Available

 

24-Hour Road Service

 

Detention Time: You are paid your pay percentage of detention time charges.
 
Loading/Unloading: Drivers are not responsible for loading and unloading, except in extremely rare situations. 99.9% of our loads are no-touch. However, the driver is responsible for load placement, proper securement and tarping.

Fueling Policy: Upon request, Lease Purchase Drivers will be issued a Comdata card for use at our large network of approved fuel stops. You will receive an advance of 35% of the gross revenue for each load on your card for fueling or cash advance.

Pets-On-Board Allowance: You are not permitted to have any pets in the tractor until it is paid in full.

Orientation: All new Lease Purchase Drivers are required to attend a Company Orientation within 7 days of start date.
 
Events:

  • Golf Outing: This annual event is a big hit every year. Great prizes, a very nice golf course, good food and drink make this day a ton of fun. The event is a four man scramble, so golfers of all skill levels can have a blast. All drivers are invited. Don’t miss it.
  • Safety Meetings: We hold Safety Meetings in strategic areas around the country on a regular basis. Our drivers find these meetings very informative, interactive, and fun.
Download Lease Purchase
Driver Application