LRM Leasing - FAQ's When Leasing-to-own A Semi-Truck

[@asteelelol]

Best place to get a truck from. 2 trucks from them and they are hands down the best!

[@LRMLeasing]

Thanks Andy!

[@brianupton4341]

Are the trucks governed. If so what speed?

[@AgeelShatry]

I would say 95% of what I’m hearing is very positive. One of the major negatives though is that 72 hour warranty. Seems a little suspicious. If you do all that work on the truck before selling it, sounds like you should have at least a year warranty, if not more. If your mechanics and your equipment is so great, and the truck goes through rigorous checking and repairs, why only a 72 hour warranty? If it wasn’t for that, I would apply in a heartbeat!!

[@Kevin-g4x2v]

Is there an LRM leasing location in Maryland?

[@almalikmustafa7072]

How many months will you have to lease the truck before your last payment?

[@tchief3619]

Is there a lease-to-own option? I see it in the title but didn’t hear anything within the video.

[@l.teddyfrancis3370]

Down payments are through the roof right now. I gotta save some more before doing business there

[@seven1productions819]

I just finish watching a vid. Where a driver said y’all capping! That’s how I found you on u tube

[@buckfitches2087]

What's capping?

[@jefferytaylor8]

Who pays for break down? When engine/transmission needs to be replaced who is required to pay?

[@MzPinkee05]

What is the typical buyout amount at the end of the lease? For 24mos? For 46mos?

[@asteelelol]

100 bucks.

[@tonytrahan8237]

Do you lease to new drivers

[@sweetness2689]

Whats the minimum downpayment i can put down for a truck?

[@jsmith71251]

Do I have to be leased to a carrier, or have intent to lease confirmation before leasing from you? Thanks

[@kennylewis1026]

This sounds like a good deal for new owner operator

[@charlesnelson6438]

Whats the Interest rate for the truck and length of contract to pay off.

[@charlesnelson6438]

@George Hirchert Not looking for investers.

[@TK-yj1gm]

Do you have any T680 Kenworths?

[@jefferytaylor8]

Do you lease to fleet owner, Owners who don’t have cdl and hire drivers

[@roieshareid2716]

what repairs don't you guys cover ?

[@sonofatlas1372]

Eddie is a hustler he almost got me to buy a truck 😭

[@jonathanhargis961]

How Much Is The Down Payment On One Of Your Trucks That You Have ??

[@LRMLeasing]

Average security deposit is $6500-$8500. Every once in a while we will get something in that is not the norm that will go for higher

[@jonathanhargis961]

@@LRMLeasing Oh Okay Thank You, I'm From North Carolina

[@LRMLeasing]

@@jonathanhargis961 We do a ton of business in NC. Give us a call we would love to help!

[@shhhhhhhhhhhhhh....]

Is there a balloon payment at the end

[@LRMLeasing]

There is not a balloon at the end

[@CARTAZEHEMINGWAY]

My truck in my thumbnail was purchased through LRM.

[@marvinrobinson9289]

Was it a good truck

[@CARTAZEHEMINGWAY]

Yea..I bought this older truck cause I loved it because it was 2007 and I had opportunity to drive and go thru the truck. The last driver had papers on his last overhauled which wasn't too awful far ago at ti.e of purchase. But they did replace some small issue I found during inspection. They took care of it all. Stood behind their word. I'm still rolling in the truck still to date.

[@edmondcarter9457]

Do you work with investors that’s already leased on with a company and have a driver that does otr

[@lrmleasing9224]

Hey Edmond, yes! We work with investors all the time. It doesn't matter if you are a first time investor or a current investor already running trucks, we will get you in a truck.

[@edmondcarter9457]

@@lrmleasing9224 I will be calling later today for more info, thanks.

[@LRMLeasing]

Sounds good, if you have any trouble reaching us shoot us a private message on facebook @lrmleasing and we will connect you with someone

[@AnikRahmanBD]

How about if anyone wants to lease and operate it from different state?

[@LRMLeasing]

great question, we currently operate in the following states, that means you CAN lease a truck from us and register it any one of these states. If you do not see the state here, you will NOT be able to register the vehicle. We are working on adding more states to this list in the near future • Alabama • Arkansas • Delaware • Florida • Georgia • Illinois • Indiana • Iowa • Kansas • Kentucky • Maine • Maryland • Minnesota • Missouri • Michigan • Nebraska • New Jersey • New York • North Carolina • Ohio • Oklahoma • Pennsylvania • South Carolina • Tennessee • Texas • Virginia • Vermont • Washington D.C. • West Virginia • Wisconsin

[@Nitecrawler83]

Interested!

[@marlonstewart8866]

What year Vehicles do you lease

[@LRMLeasing]

We have trucks from 2012-2017 , we are expecting 18's in the next few months

[@michaelcato8034]

Do you have automatic trucks??

[@LRMLeasing]

We do , we get automatics in all the time

[@michaelcato8034]

@@LRMLeasing but they don’t come with warranties???

[@yasiragomez6285]

This people are straight up robbing poor new owner operators. $140,000 for 2015 trucks.

[@eliasgarcia7942]

Can you run under your own authority?

[@LRMLeasing]

Absolutely, we have a large amount of customers who run under their own authority. check out www.lrmleasing.com send us a PM on facebook with your phone number and someone will reach out to you as well. Thanks!

[@investigativem1409]

And this is lease to purchase or just lease and trade up upon lease end

[@LRMLeasing]

After the last payment you own it or can trade up..your decision

[@lonwarren5301]

Do you take trade in ?

[@d1629]

No they don't take trade

[@LRMLeasing]

That is correct, we pride ourselves on how we source our vehicles we found in the early days taking trade ins effected the quality of the product we put out. The market is extremely strong today for used trucks, I am sure you can find a buyer and come here with some of the proceeds

[@Dahkp]

Can you run under your own authority

[@JSETSBIZBOOST]

Is it still a 6 month wait to lease a truck?

[@dustinhorner3100]

I’ve had a question I’ve had my CDL for about 6 months I’ll have about 5k down credit is not that good can y’all get me into a truck

[@tyrickasimpson9209]

I just submitted my application today!! I hope I get approved

[@carlosc958]

How long have u been driving ?

[@LP-yq5oi]

Hey! Were you able to get into a truck? How was your experience?

[@tyrickasimpson9209]

@@carlosc958 2yrs

[@tyrickasimpson9209]

@@LP-yq5oi my experience with them was very professional! I would recommend them to anyone looking to purchase

[@LP-yq5oi]

@@tyrickasimpson9209 Ty!

[@jamalsmith8734]

Would I be able to call on the phone to see how much would I need for a down payment?

[@LRMLeasing]

If you cant reach us by phone, send us a private message on facebook @lrmleasing and we will connect you with a leasing rep who can discuss pricing on specific vehicles and answer any other questions you may have

[@DNG1966]

Will b buying truck very soon I hope y'all can help me cause I wouldn't go anywhere else you sound honest n willing to help keep us on the road, taking a week off n acouple of weeks n heading your way 😁😇🙏💯

[@LRMLeasing]

Thank you for the kind words, we work very hard in every department to go above board. Its that family owned and operated mentality...shoot us a private message on facebook @lrmleasing and we can connect you with someone to go into more detail. We look forward to hearing from you

[@kendrichand]

Appied 2-3 weeks ago

[@vexillethepretzel9086]

On average how much are the monthly truck payments?

[@lrmleasing9224]

Average lease payment is $1500/mo and usually goes up to $1750/mo depending on the truck. You get to choose how you want to pay, weekly semi monthly or monthly. Whatever is best for you!

[@emmanueldassas]

Is it a walk away no penalty lease?

[@LRMLeasing]

It depends on what condition you return the vehicle. If you bring it back and haven't grossly neglected the vehicle then yes.

[@whoda1]

Are there driving experience requirements?

[@LRMLeasing]

we do not have driving experience requirements however the insurance companies will. Typically its more expensive and harder to get insurance with less than 2 years verifiable CDL experience plus it depends on your motor vehicle driving record. Shoot us a PM on facebook @lrmleasing happy to go into more detail

[@johnhoward7298]

What speed are these trucks set at ?

[@Seancombs69-d6h]

Your down payments are now 20k they were 8k but okay

[@yasiragomez6285]

And their payments are $2500 a month for 48 months lol

[@azamatzayniev2282]

I’m from New York can I lease from your company truck I do not have much money what the address

[@LRMLeasing]

Hey Azam, we lease to NY residents all the time. Shoot us a private message on facebook @lrmleasing and we will connect you with a rep who can dive into the details with you

[@DonnieBrubaker-p3b]

Rodriguez Patricia Harris Sarah Jones Cynthia

[@JoseRivera-dl5md]

what will stop a individual from getting approve?

[@LRMLeasing]

You can not currently be in a bankruptcy, otherwise you should be good to go. check us out www.lrmleasing.com

[@JoseRivera-dl5md]

@@LRMLeasing that sucks. Not even chapter 13 with payments paid on time to trustees

[@DollyCleveland-l1f]

Martinez Thomas Allen Steven Rodriguez Mary

[@AgnesArnold-d1o]

Clark Laura Lopez Mark Miller Brenda

[@ColleenHamilton-d4y]

Martin Charles Miller Frank Rodriguez Eric

[@marvinrobinson9289]

Lrm is bs I called them the guy told me to put down 12,000 and I have to pay 1800 for 46 months for a 2016 truck with over 500 mile it doesn't worth it they want you to pay twice what the truck worth that's bs 😒😑🙄😐

[@Farrell0208]

Your also going to a place where they don’t do a credit check. The down payment is gonna be higher than a traditional finance program. This isn’t a typical finance program. Your not going to the freight liner dealer, and buying a truck from them. People expect everything for nothing. I wouldn’t do that type of deal either but at the same time, I get why it is the way it is. Go look at Lone Mountain, they got similar deals. SFI is not far off either. That’s how THEY ALL WORK. don’t like it, go to the dealer.

[@StuartEverley-p5u]

Young Donna Thompson Shirley White Elizabeth

[@FigureRight]

Harris William Hall Lisa Clark Jeffrey

[@DonaldCarroll-i8m]

White Jose Thompson Melissa Jackson Nancy

[@steve-rs3op]

48 months on a 2014 lololol

[@SharpViola-g6d]

Martin Steven Clark Amy Hall Michelle