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Owner-Operator Leasing

At TEL, our Owner-Operator Lease Program is designed to do one thing exceptionally well: help owner-operators build sustainable, profitable trucking businesses.

What Makes TEL Different: Our Owner-Operator Winning Formula

Go beyond predatory Lease-Purchase offers.  TEL’s Owner-Operator Program is built on a proven formula to help you succeed.

  • NEW trucks from trusted OEMs, including Freightliner, Peterbilt, and Volvo
  • Full factory warranties to reduce unexpected repair expenses
  • Sustainable weekly payments designed to support long-term cash flow
  • 24/7/365 breakdown assistance with a nationwide service network
  • Priority treatment at OEM service locations
  • National buying power for parts and labor discounts
  • Maintenance Escrow Program with 24/7 immediate access
  • Detailed review of every repair estimate — you only pay for what you need
  • Dedicated Downtime Plans to smooth income during time out of the truck
  • Weekly collections designed to reduce financial shocks
  • Helps operators stay current without relying on payment advances
    immediate access
  • Owner-Operator Startup Program (8–12 weeks)
  • Weekly settlement reviews during startup
  • Full budget modeling for truck and personal expenses
  • Ongoing access to advisors as your business evolves
  • Monthly bookkeeping with profit & loss statements
  • Estimated quarterly tax support
  • Unlimited business consulting
  • Year-end state and federal tax services
  • Monthly bookkeeping with profit & loss statements
  • Estimated quarterly tax support
  • Unlimited business consulting
  • Year-end state and federal tax services

Our New Trucks

TEL offers only the best new equipment for Owner Operators to help ensure maximum revenue for your business. New equipment with a full factory warranty keeps your maintenance expenses low and gives you the best fuel economy and the latest safety features.

Q: Why Lease a New Truck?
A: Save up to $23,295 in Fuel Costs Per Year

Estimate based on average reported fuel economy, fuel costs of $3.60/gallon and 132,000 miles driven per year.  

Two Owner-Operator Programs Built for Where You Are in Your Career

Every owner-operator’s journey is different. That’s why TEL offers two distinct Owner-Operator programs, each designed to meet you where you are today — and help you get where you want to go

Our Independent Program

The TEL Independent Owner Operator program is tailored for tenured operators and has multiple options for both team and solo driver situations with shorter 24 or 33 month lease terms. 

Independent Owner Operator Program Benefits:

  • Tailored Program for Tenured Owner Operators
  • New Equipment
  • Operate for Any Carrier Within the Continental U.S.
  • Discounts for Military Veterans
  • 24/7/365 Maintenance Assistance Included
  • National Parts & Maintenance Discounts Included
  • Power to Operate Under Your Own Authority*

*(Additional Qualifications Required)

Our Opportunity Program

The TEL Opportunity Program is perfect for those transitioning from a company driver role into ownership, TEL provides the equipment, structure, and business support you need to start strong.

Lease Purchase Program Benefits: 

  • Low Down Payment
  • Freedom to Choose Your Carrier within TEL’s Network
  • New Equipment
  • Customizable Lease Solutions to Fit Your Business Needs & Running Pattern
  • Discounts for Military Veterans
  • 24/7/365 Maintenance Assistance Included
  • National Parts & Maintenance Discounts Included
  • Specialized Business Advising for New Operators

Flexible Paths to Ownership

At the conclusion of your lease, TEL offers multiple financing and end-of-lease options so you can choose the path that fits your goals:

Roll Into Another Lease on Another New Truck

This option keeps you consistently in the newest equipment so you can always benefit from the best mileage and a manufacturer’s warranty. 

Open a Direct Finance Lease (DFL)

Enter in another lease on the same the truck with the flexibility to purchase it for $1 at the end of the lease term.

TEL Gives You Options with Operating Categories

We serve multiple operating categories, so whether you are a solo driver or running a team TEL has you covered: 

Solo owner operator proudly standing in front of truck

Solo

Our standard solo lease option for owner operators

Super Solo

Our lease program for operators that need to drive more miles

Owner Operator Team proudly standing in front of TEL truck

Team

Our standard lease for team owner operators

Super Team

Special design lease for team operators that need to drive more miles.

Our customers rave about the
communication and support we provide.

Real reviews from happy customers are the fuel that keeps our engines running.
At TEL, we are committed to providing the absolute best programs and support in the transportation industry and we won’t accept anything less. Neither should you.

Good communication and follow through with any questions and concerns one might have.

Jorge Gutierrez
Owner/Operator

TEL is the best leasing program out here. They give you a lot of options with your truck. If you have problems with payments they help you with different options. If you’re not happy with the company that you’re leasing through you can take your lease with you to another company that they’re affiliated with.

Ulundia Preston
Owner/Operator

TEL is the reason I’m a successful owner. Thank you for all the opportunities you opened the door for. They give you all the tools and guidance needed for success!

John Nickerson
Owner/Operator

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