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LRM Leasing Reviews

4.4
87 reviews
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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
  • No credit checks
  • Lessee owns semi after last payment
  • No mileage limitations
Cons
  • Doesn’t provide insurance
  • Only two locations

Featured Reviews

Jonesboro, GA
Verified purchase
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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Greer, SC
Verified purchase
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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    How do I know I can trust these reviews about LRM Leasing?
    • 4,657,463 reviews on ConsumerAffairs are verified.
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    Page 1 Reviews 0 - 10
    Verified purchase
    Morris increased rating by 4 stars.
    After a positive interaction with LRM Leasing, Morris increased their star rating on Sept. 3, 2024.

    Updated review: Sept. 3, 2024

    Company took care of my issues. Thank you LRM Leasing.

    Original Review: Sept. 3, 2024

    LRM Leasing are crooks! They took my money!! Instead of giving me my refund. They told me I was approved. When I got to Florida they gave me a truck that I drove no more then 298 miles and the clutch went. They left me stranded leaving me to pay 3150 to get the truck towed back to their shop to only tell me I owed a previous bill that they don’t remember the balance from 2019. If I owed a bill why would you approve me for another truck. Long story short these guys will do whatever it take to keep your hard earned money. I’m a go through hell and hot water to get my money back because 8400 don’t come easy these days. “DON'T DO IT.”

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      Staff

      Reviewed May 22, 2024

      They are thieves and don’t play fair. Rip off. Don’t waste your time or money! Everyone I know that dealt with them got the short end every time! They should be ashamed, taking advantage of good honest workers and earners. This is unacceptable!

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      Verified purchase
      Punctuality & SpeedStaff

      Reviewed April 18, 2024

      Buying any used vehicle in the commercial trucking industry, one is always cautious of how long it may last or if the investment is a “lemon” especially with a leased contract. LRM throughout time proved to me they stand behind their name and they are exceptionally supportive with their customers. Although the trucking industry can be very “cut throat” LRM is not. They hold the title of being the mecca of used truck sales and leasing. Truly helping independent cdl drivers elevate their careers.

      From the owner to all the office agents, LRM Leasing is a blessing in providing drivers the truck they need to branch into their successful future. In my 8 years of trucking I’ve never dealt with a more caring, understanding knowledgeable and supportive group! I’d highly recommend LRM Leasing to anyone looking to lease or buy a truck. Thank you big time LRM for providing me with an opportunity of a lifetime!!

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      Verified purchase
      Staff

      Reviewed Oct. 5, 2023

      I had a great experience with LRM. Never had any serious issues with my truck. The staff is friendly especially Pricilla. I would definitely purchase another truck from LRM. I have recommended at 4 of my friends to LRM and all are happy with their trucks. Also, the best part is there are no credit check. They also have the best mechanics to work on your trucks.

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      Verified purchase
      StaffProcess

      Reviewed Oct. 5, 2023

      Magnificent!!! Excellent service from day one!! Easy process. Highly recommended to anyone wanting to purchase a truck. Don’t hesitate. You’re in good hands. True professionals, a rare find these days. I cannot say enough good things about LRM. From the sales, to the mechanics, and office staff. Would gladly do business with them again. Top notch.

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      Verified purchase
      StaffReliability

      Reviewed Oct. 5, 2023

      ★★★★★ I had a fantastic experience with LRM LEASING! When we needed a reliable semi-truck, they came through for us. The leasing process was smooth and hassle-free, thanks to their knowledgeable and friendly staff. The truck we leased proved to be extremely dependable, exceeding our expectations. It performed flawlessly on long hauls and challenging terrains. The comprehensive support and maintenance services provided were top-notch. I can confidently say that we will be returning to LRM LEASING for our future truck leasing needs. Highly recommended!

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      Verified purchase

      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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      Verified purchase

      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.

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      Verified purchase
      Customer Service

      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.

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      Verified purchase
      Customer ServiceStaffProcess

      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".

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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