LRM Leasing

LRM Leasing

 4.9/5 (75 reviews)
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LRM Leasing
4.9(75)

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Overall Rating4.9 out of 5
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About LRM Leasing

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

Pros

  • No credit checks
  • Lessee owns semi after last payment
  • No mileage limitations

Cons

  • Doesn’t provide insurance
  • Only two locations

Bottom Line

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.

Top LRM Leasing Reviews

Verified

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 ...

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Verified

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...

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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?
LRM Leasing specializes in Class 8 semitrucks and exclusively offers Freightliners.
Where is LRM Leasing located?
LRM Leasing has two locations: one in Pompano Beach, Florida, and one in Rhome, Texas.
Can you lease to own with LRM Leasing?
Yes, LRM Leasing offers lease-to-own vehicles — you own your truck after your last payment.
Does LRM Leasing do credit checks?
No, LRM Leasing doesn’t perform credit checks, so it might be ideal if you have poor or no credit history.

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.

LRM Leasing Reviews

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Page 1 Reviews 0 - 10
Verified Reviewer Verified Buyer
Original review: 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.

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    Resolution In Progress
    Verified Reviewer
    Original review: 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!!!!

    LRM Leasing response

    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.

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    Verified Reviewer Verified Buyer
    Original review: 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.

    2 people found this review helpful
    Verified Reviewer Verified Buyer
    Original review: 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.

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    Verified Reviewer Verified Buyer
    Original review: Jan. 24, 2022

    Paid off my truck with LRM Leasing. I've had good luck with my truck. No major break downs the whole time I was paying on it. Now I'm driving around in a paid for semi truck. There's no better feeling. Thanks for providing a quality truck at a great price.

    4 people found this review helpful
    Verified Reviewer Verified Buyer
    Original review: Dec. 23, 2021

    2019 I was told about LRM Leasing by a family member. I was told how easy the process was. I didn’t believe it due to years of driving and purchasing trucks in the past. I gave it a shot anyway. I was qualified within minutes. I received a call from a salesman the same day. I pulled my credit report to see if there was a inquiry. There wasn’t! They gave me a choice to pick a truck in Rhome, Tx or Ft. Lauderdale, Fl. The next few days I flew to Florida seeing that there was a larger selection. I was literally in and out with my truck in less than two hours. This experience was smoother than I could’ve ever imagined. When I’m asked by someone where to purchase a semi. My answer will always be LRM Leasing.

    4 people found this review helpful
    Verified Reviewer Verified Buyer
    Original review: Sept. 17, 2021

    If you are looking for a truck and it's your time, I would recommend LRM Leasing because they are very flexible and is willing work with beginners. Over the two year process of being a satisfied customer here I've work closely with Robert and Priscilla to make sure all issues got resolved. Thanks to LRM leasing. I'm a proud truck owner today.

    4 people found this review helpful
    Verified Reviewer Verified Buyer
    Original review: July 6, 2021

    Professional, courteous and friendly. I would recommend to anyone looking to buy a tractor. I may actually buy another one from LRM myself. I went all the way to Florida from Atlanta Georgia, I would happily do it all over again.

    2 people found this review helpful
    Verified Reviewer Verified Buyer
    Original review: May 19, 2021

    My experience was great. No credit checks. My truck runs fine still. Streamlined process so quick and simple. Just have all required docs and downpayment. If you don't mind waiting for the truck inventory to be restocked with your specific want in a truck, then this will be an almost effortless process.

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    Verified Reviewer Verified Buyer
    Original review: March 26, 2021

    I have nothing but good things to say about this company. They work with you to make sure that you make it through the end of your lease. They hooked me up with a couple of free repairs to ensure that the truck would stay on the road and that I would stay in business. I have recommended and will continue to recommend them to anyone who is looking for a truck.

    2 people found this review helpful
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    LRM Leasing Company Information

    Company Name:
    LRM Leasing
    Year Founded:
    1980
    Address:
    2705 Burris Rd
    City:
    Davie
    State/Province:
    FL
    Website:
    www.lrmleasing.com