C.R. England Launches Innovative Leasing Program
C.R. England, Salt Lake City, is offering a pilot program for drivers who are skeptical about lease-to-own programs
C.R. England, Salt Lake City, is offering a pilot program for drivers who are skeptical about lease-to-own programs.
After six months of leasing an England truck, drivers can keep leasing their trucks and hire on as company drivers or simply walk away.
"Our pilot program is designed for those who are skeptical about leasing," says Bud Pierce of C.R. England. "It gives them the opportunity to enjoy the benefits of leasing without the down payment, credit check, and typical three-year or more commitment."
The six-month lease program offers independent contractors a fuel surcharge reimbursement, education, bookkeeping services, and a financial staff to help with filing quarterly taxes. It also provides a full-service maintenance facility where drivers can get discounted prices on repair work.
Pierce compares the new leasing program to a "six-month test drive" and says it lets drivers test the waters in the trucking industry. If the driver decides to stay with the company, unused maintenance reserve money from the six-month leasing period goes to the driver and can be used as a down payment on a truck.
The six-month option will only be offered for a limited time.
About 75 percent of drivers who complete the standard leasing program decide to stay with the company.
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