Lease Purchase Program

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Jan 26, 2025
Recommendation: US Congress Should Review Practice
FMCSA Launches Task Force to Investigate Motor Carrier Lease-Purchase Programs
The Federal Motor Carrier Safety Administration (FMCSA) has announced the formation of a task force to investigate lease-purchase programs offered by motor carriers. These programs, which have faced scrutiny for decades, allow truck drivers to lease vehicles from carriers with the promise of eventual ownership.
Complaints about these programs date back to the 1980s, with drivers alleging predatory terms, lack of transparency, and practices that leave many struggling to achieve ownership. Critics argue that some programs are designed to benefit carriers at the expense of drivers, leaving them with insurmountable debt and limited recourse.
The task force, composed of industry experts, driver representatives, and legal advisors, aims to address longstanding concerns. It will examine contract fairness, program outcomes, and compliance with federal regulations, with a focus on protecting drivers' interests.
This initiative reflects FMCSA’s commitment to ensuring equity and transparency in the trucking industry. The findings of the task force could lead to regulatory reforms, providing long-overdue clarity and protections for drivers navigating lease-purchase agreements.
Stakeholders and drivers are encouraged to share their experiences as part of the investigation.
Read more: Independent Driver