Since January of 1994, the Swift Owner Operator Division has grown from less than 100 trucks to over 3,000! Our growth and success to date are proof that Swift Transportation Co., Inc. and Interstate Equipment Leasing have put a win/win program together for our drivers. The following information is an overview of our programs, including requirements for contracting a truck from outside of Swift.
International Interstate Equipment Lease Purchase Program
- 2010 Prostar SKYRISE
- Lease Price: $106,000.00
- Lease Term: 204 weeks
- Lease Payments @ $525.00 per week
- Residual: $49,400.00
- Security Deposit: $2,500.00
- Mileage Charge: Loaded, empty and unauthorized deadhead miles in excess of 11,000 a month will be calculated @ $0.09 cpm, and assessed to the owner operator’s settlement monthly. NOTE: This is a deductible expense.
Kenworth Interstate Equipment Lease Purchase Program
- 2010 Kenworth T2000
- Lease Price: $113,026.00
- Lease Term: 204 weeks
- Lease Payments @ $542.00 per week
- Residual: $51,497.00
- Security Deposit: $2,500.00
- Mileage Charge: Loaded, empty and unauthorized deadhead miles in excess of 11,000 a month will be calculated @ $0.09 cpm, and assessed to the owner operator’s settlement on a monthly bases. NOTE: This is a deductible expense.
Prices, payments and programs are subject to change without notice.
Contact a recruiter for pay and other expense details.
International Warranty Information
- Engine: 3 years or 300,000 miles
- Chassis: 3 years or 450,000 miles
- Powertrain: 5 years or 750,000 miles
Kenworth Warranty Information
- Engine: 3 years or 300,000 miles
- Chassis: 3 years or 450,000 miles
- Powertrain: 5 years or 750,000 miles
Options Upon Lease Completion
- Purchase the tractor for the residual balance plus applicable sales tax less mileage charge and security deposit.
- Trade for a new unit.
- Cash out for trade equity.
No Trade Options Prior to Lease Completion
- If you choose to either refinance your lease or trade early through an outside dealer, your buyout will be subject to a prepayment penalty!
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