Lease Purchase

Drivers | Company Drivers | Student Drivers | Owner Operators | Hiring Lanes | Lease Purchase | Equipment | Driver Pay Inquiry
 

J&R Schugel is dedicated to helping lease operators be successful.  Our no money down - no credit check lease program makes it easy for you to start your own business.  Along with no money down, we offer:

  • 6 - 36 Month Equipment Lease Agreements
  • 2014 & Newer Equipment (Freightliners, Kenworths & Internationals)

Contractor’s Compensation

Carrier shall pay contractor on all dispatched miles according to the PCMiler mileage product.
Mileage pay will be as follows:

Standard Mileage Pay Loaded:

  • 0 – 150 Miles:  $1.12/mile Reefer/Dry Van
  • 151 – 250 Miles:  $1.02/mile  Reefer/Dry Van
  • 251 – 300 Miles:  $0.94/mile Reefer/Dry Van
  • 301+ Miles:  $0.93/mile Reefer/Dry Van

Standard Mileage Pay Empty:

  • 0 – 150 Miles:  $0.88/mile Reefer/Dry Van
  • 151 – 250 Miles:  $0.88/mile  Reefer/Dry Van
  • 251 – 300 Miles:  $0.88/mile Reefer/Dry Van
  • 301+ Miles:  $0.88/mile Reefer/Dry Van

 

Mileage Pay (including $0.03/mile bonus) if all paperwork is submitted using the in-cab scanner with-in 48 hours of being empty:

  • 0 – 150 Miles:  $1.15/mile Reefer/Dry Van
  • 151 – 250 Miles:  $1.05/mile  Reefer/Dry Van
  • 251 – 300 Miles:  $0.97/mile Reefer/Dry Van
  • 301+ Miles:  $0.96/mile Reefer/Dry Van

Empty Mileage Pay:

  • 0 – 150 Miles:  $0.90/mile Reefer/Dry Van
  • 151 – 250 Miles:  $0.90/mile  Reefer/Dry Van
  • 251 – 300 Miles:  $0.90/mile Reefer/Dry Van
  • 301+ Miles:  $0.90/mile Reefer/Dry Van

Advantages

  • 100% paid lumpers
  • Up to $200/wk in advances
  • Discounted fuel prices are some of the BEST in the industry! 
  • The Net Cost of fuel averages $0.95 (Net Cost = Purchase Price + Fuel Surcharge) 
  • $50 stop pay after first stop
  • 100% New York City pay for charges collected
  • Free truck washes at J&R Schugel Trucking facilities in MN, WI, OH
  • Authorized toll roads with proper receipt (must match log)
  • Weekly settlements / direct deposit
  • Free In-Cab Scanning
  • EZPass free of charge 
  • Lease payment is 100% tax deductible
  • Aerodynamic equipment
  • 100% APU equipped

Expenses Covered by the Contractor

  • Fuel taxes (calculated and filed for you)
  • Road Taxes
  • Federal Highway Use Tax ($550 annually)
  • Overweight tickets / scale tickets
  • All maintenance and related items
  • Collision and bobtail insurance (offered through J&R Schugel Trucking)
  • Workman’s Compensation. If owner has hired driver, a $1 million dollar policy is required
  • Occupational Accident Insurance (offered through J&R Schugel Trucking)
  • Reserve escrow deducted at $50 per week with $5000 cap for Contractor's liability account
  • Base plates and permits deducted weekly at $36.92 (2016-2017)

Maintenance Fund

(Applies to Equipment Lease Agreements)
$0.04 - $0.08 / mile will be deducted from each settlement and forwarded into the Maintenance Fund. This Maintenance Fund is to be used to keep the truck running and on the road (services, tires, batteries and physical damage repairs).

 

To inquire about driving for J&R Schugel, Inc:
Call 800.359.0101
or
Use our email webform