Frequently Asked Questions
Q: What are my options at the end of the lease?
A: There are three (3) options at the end of a successful lease:
(1) Purchase the truck for the stated residual value;
(2) Turn the truck in;
(3) Trade for a new truck (Generally, IEL will pay your down payment and apply
Customer Loyalty Dollars to the new equipment lease agreement).
Q: Who do I call about my end-of-lease options?
A: Direct line: (602) 907-7631 Toll Free: 1-800-777-9936
Q: Can I take my tractor to any carrier I choose?
A: No. The carrier must be approved by IEL. If the equipment is moved from an
approved carrier, the lease will automatically default.
Q: What are the critical success factors?
A: Based on years of experience, we believe the critical success factors are:
(1) Productivity -- IEL only partners with proven carriers that provide good,
consistent miles to their owner-operator fleet
(2) Safety -- A passion for being the safest operator on the road
(3) Cost Control -- A desire to learn and the ability to manage a business
Q: Is IEL owned by Swift Transportation?
A: No.
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