CDL glossary
Lease-Purchase
A trucking arrangement where a driver leases a truck with an option or promise to buy. The risk is that fixed weekly costs can overwhelm take-home pay.
What Lease-Purchase means
A trucking arrangement where a driver leases a truck with an option or promise to buy. The risk is that fixed weekly costs can overwhelm take-home pay.
Why it matters
This term matters because CDL decisions are full of shorthand. Misunderstanding one term can lead to choosing the wrong training path, wrong endorsement, wrong pay assumption, or wrong job type.
Related next steps
Get training and job options for your state
Submit the form to open the CDL starter checklist and help us prioritize the most relevant CDL school, paid training, and job resources. We do not promise instant matching.