Is Leasing a Semi-Truck a Good Idea?

Let’s face it: Not everyone has $150,000 burning a hole in their pocket to buy a shiny new truck outright. That’s where leasing comes in — a chance to take the wheel of your own rig without having to sell a kidney or start a GoFundMe to get the funds. But is it the right move for you? Let’s break it down (hopefully not like your truck might if you skip maintenance).

Who’s the Right Fit for Leasing?

Leasing isn’t for everyone. The drivers who crush it in a lease program usually have some solid trucking experience under their belts. You’ve been around, you know how the industry works, and you’ve survived at least one parking lot showdown over a stolen spot at the truck stop. Bonus points if you’ve got a financial cushion for when things go sideways (because they will—this is trucking, not a Disney movie).

If you’re new to trucking, it might be smart to hold off on leasing until you’ve had time to learn the ropes. Jumping into a lease with no experience is like playing poker with your rent money — it’s risky, and you might end up eating ramen for months.

What to Look for in a Lease

Not all leases are created equal, and some are about as trustworthy as a Craigslist ad for “lightly used brake pads.” Here’s what to keep in mind:

• Pay Structure: Understand how different programs compensate drivers. For example, one lease may pay 70 percent of gross revenue but have higher expenses, while another pays 62 percent with fewer costs.
• Expenses: Look for hidden fees, such as trailer rentals, maintenance charges, or plate costs.
• Insurance: As a lease driver, you'll need to secure your own health, dental, and vision insurance. Programs tailored for truckers can help mitigate costs.
• Maintenance Costs: Prepare for repair expenses and potential downtime. Even new trucks can require unexpected maintenance, and downtime can impact your earnings.
• Fuel Efficiency: Opt for trucks designed for better fuel efficiency to reduce operating costs. While aesthetic features like long-nose designs may be appealing, they often increase fuel consumption.

Perks of Leasing: The Bright Side

Leasing isn’t all doom and gloom. Here’s why it might be worth considering:

• Freedom: Leasing allows you to operate as an independent contractor, giving you control over your schedule, routes, and decisions.
• Income Potential: Many lease drivers earn more than company drivers, making it a lucrative option for those willing to put in the effort.
• Access to New Equipment: Leasing often provides access to newer, more reliable trucks equipped with modern safety and efficiency features.
• Lower Upfront Costs: Compared to purchasing a truck, leasing requires little to no money down, making it accessible for drivers starting out.

Why ATS’s Lease Program Stands Out

At ATS, we like to keep things simple, transparent, and as hassle-free as possible. Here’s what makes our lease program driver-approved:

• Well-Maintained Equipment: ATS provides some of the best trucks on the road, featuring modern safety features and excellent fuel efficiency.
• Transparent Costs: ATS keeps fixed costs competitive and manageable, ensuring drivers have a clear understanding of their expenses.
• Supportive Environment: From recruiters to leasing managers, ATS staff work to ensure drivers have the resources and support needed to thrive.
• Flexibility: ATS offers both short-term (one to two years) and long-term leases, with options to purchase at the end of the term.

Is Leasing Right for You?

Leasing is a great way to level up your career without drowning in debt. But it’s not for everyone. If you’re ready to take on the risks and rewards of being an independent contractor — and you don’t mind the occasional curveball — leasing could be your ticket to financial freedom.

Ready to Roll?

If the ATS lease program sounds like a good fit, check out our Lease-Purchase options or talk to one of our recruiters. They’ll help you compare programs, answer your questions, and maybe even throw in a few dad jokes. Because at the end of the day, we’re here to help you succeed.