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About LRM Leasing Reviews
LRM Leasing is a semitruck and construction equipment leasing company that offers a variety of financing options. The company doesn’t do credit checks or have mileage limitations, meaning it can lease even to customers with poor or no credit history. It doesn’t offer insurance for its semis, and it’s available only in Florida and Texas.
Pros & Cons
- No credit checks
- Lessee owns semi after last payment
- No mileage limitations
- Doesn’t provide insurance
- Only two locations
LRM Leasing offers lease-to-own semitrucks and construction equipment. It doesn’t require credit checks or limit mileage, and it works with any carrier. It’s only available in Texas and Florida, however.
From start to finish, these 2.5 years have been amazing with LRM. Thank you for making this so seamless. Purchased a 2006 Freightliner Columbia. Engine and Transmission have been ...Read full review
I would recommend this company to anyone who is planning on getting a truck, they will treat you good and fair throughout the whole process, LRM Leasing is a family oriented busin...Read full review
What is LRM Leasing?
LRM Leasing is a family-owned business that provides lease-to-own semitrucks and heavy-duty construction equipment. The company doesn’t run credit checks or impose mileage restrictions, and it lets your work for any carrier in the U.S.
LRM Leasing requirements
LRM Leasing doesn’t perform a credit check or ask for your Social Security number. The online application page requires information in three categories:
- Personal details: Name, address, marital status, contact info, whether you’re a homeowner or renter, the cost of your mortgage payments or rent, if you’ve ever declared bankruptcy and info about the nearest relative that doesn’t live with you.
- Driving experience: How long you’ve been driving commercially, whether or not you have your own operating authority, whose truck you drive currently, what kind of truck you drive and if you’ve ever owned a truck or trailer.
- Employment: Contact info for the company you currently work for, how long you’ve been with the company, how much you’re earning and how much you expect to earn with the leased truck.
LRM Leasing costs
There’s no specific pricing info on the LRM Leasing website, though it does promise affordable monthly payments and deposits based on the current market. With the fast changing inventory, LRM recommends that you reach out to them directly for pricing and availability.
LRM Leasing also provides warranties at cost so you can save on vehicle parts and get free company inspections.
LRM Leasing FAQ
What types of vehicles can you get with LRM Leasing?
Where is LRM Leasing located?
Can you lease to own with LRM Leasing?
Does LRM Leasing do credit checks?
Is LRM Leasing worth it?
With LRM Leasing, your payments won’t increase over time and you won’t have to deal with any balloon payments. Overall, LRM Leasing might be a good choice if you want to lease a semitruck to own — because the company doesn’t perform credit checks, it’s especially ideal if you have a bad or nonexistent credit score.
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Reviewed Sept. 2, 2023
Overall experience with LRM Leasing went well with my Columbia tractor. Priscilla was a great help with my Leasing term. Truck is still running strong would trade it for nothing. Would definitely do it again. I've seen several LRM trucks on the road since I've purchased my truck so that tells me that I'm not the only one and that they are doing something right.
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Reviewed Aug. 9, 2023
We first found LRM after having no luck getting ourselves into any other truck anywhere. Didn't have great credit or much money to start. They provided me with an opportunity to achieve my goals. A truck broke down on us Maybe 2 years into the first lease and they took it back and put us into a newer one easily. They are great at communicating even if I may not be. I would highly recommend anyone starting off in the industry or working for themselves to go check them out.
Reviewed Aug. 9, 2023
We found LRM in the middle of the 2020 pandemic. We took a chance to invest in ourselves and buy a truck. LRM got us into a truck and has worked with us over the last few years. We now have a paid off truck! Special thanks to Steve, for being available to talk to about mechanical questions and suggestions, and to Priscilla, for every courtesy call, and helping us cross the finish line.
I only have one complaint, the phones. LRM is so busy, it is hard to get someone on the phone. But if you leave a voicemail someone usually calls by the next day, email is faster for response. If they could hire an operator or someone to just manage the phones, it’s would be perfect. Overall I do recommend LRM Leasing. If you’re interested in buying a truck, they are worth the call.
Reviewed July 27, 2023
LRM couldn't get enough stars!! The entire process from start to finish was a breeze. EVERYONE remained professional and treated me like family. I would like to personally thank Priscilla for being such a patient and wonderful person to work with. And I cannot leave out Steve whom was always available to answer any question regarding issues with my truck. I will be a returning "family member".
Reviewed July 10, 2023
Leased truck June 2020 then paid off truck June 2023. Within those 3 years I was able to learn a lot about the truck world. Was able to gain great relationships with some of the staff. Payments department seemed overwhelmed at times. Upper management was understanding and flexible. Chris was my sale rep back in 2020. My truck is still reliable.
Reviewed July 11, 2023
I had a good experience. Y’all work with me when I feel behind on my payments. Priscilla was always there to help and encourage in a positive way.. Your staff was always courteous and helpful that’s appreciative and this hard time for truckers.. I just want to tell you to keep up the good work and stay positive
Reviewed May 25, 2023
I had a magnificent experience with LRM. Matt and Steve always were very helpful and Steve always got me In and out of the shop very quickly and always saved me money on repairs compared to other shops and I was confident I got the proper repair not just throwing parts. They are professional. Would recommend them to anyone.
Reviewed May 5, 2023
Got a truck. Gave them thousands of dollars and the turbo went out. They still wanted me to make payments on a truck that couldn't make any money. Wouldn't try to fix the problem, so I had a truck sitting at a truck stop not making any money. They came and got the truck and I'm just out thousands. Buyer beware!!!!
Mr. Grant, if your going to write a review at least tell the truth.
You called in to say that you need a turbo and you were at a truck stop in Anthony Texas. The company had offered to ship you a turbo at their cost however you refused our assistance and YOU told us to come pick up our truck that you abandoned.
LRM went above and beyond on your account. You know that, and we know that.
We hope that you find a better company who will give you the opportunity that we provided with the level of service we did.
You are more than welcome to reach out to management to discuss your account.
Reviewed June 29, 2022
They are surprisingly pleasant to deal with. I bought and paid off a truck with them and I doubt any other company would be as smooth of a process. From obtaining to initial maintenance things to paying it off they were great.
Reviewed June 2, 2022
Overall pleasant experience. Looking forward to possibly working with this company again in the future. Carlos was a huge help. Friendly customer service. Always took care of any issues I may have had. I recommend purchasing with this company. Thank you.
LRM Leasing Company Information
- Company Name:
- LRM Leasing
- Year Founded:
- 2705 Burris Rd