LRM LEASING HAS ANYONE DEALT WITH THEM?

Discussion in 'Lease Purchase Trucking Forum' started by SmoothtruckerArt, Aug 16, 2017.

Page 8 of 8

Mar 21, 2026 at 11:30 AM #71

Wickedfire77 Road Train Member

3,175

3,558

Mar 3, 2013

Northern, Michigan

0

abel said: ↑

putting 20% to 30% down on a semi-truck usually secures a better interest rate, lowers your monthly payments, and significantly increases your chances of approval. A higher down payment reduces the lender's risk—lowering the loan-to-value (LTV) ratio—which often leads to better financing

Approval Likelihood: Essential for first-time buyers or those with lower credit scores to overcome high-risk status.

Lower Rates & Payments: Reduces the principal amount, reducing interest expense.

Reduced Equity Gap: Helps ensure you are not immediately "underwater" (owing more than the truck's value) due to fast depreciation
Click to expand...

thank you for resurrecting a 7 year old thread. Now is not the time to get a new truck in my opinion.

Wickedfire77, Mar 21, 2026 at 11:30 AM

Wickedfire77, Mar 21, 2026 at 11:30 AM

#71
Trucking Jobs in 30 seconds

Every month 400 people find a job with the help of TruckersReport.

Wait, employers can't reach you!

Without your consent employers will not be able to contact with job offers, would you like to opt-in now?

Zip

Class A CDL Experience

Please select ALL of your current, valid driver’s licenses

CDL A CDL B CDL C

Please select the number of verifiable months you’ve been driving professionally using your Class A CDL within the last 3 years.

Each company we work with has specific experience requirements for their drivers. In order for you to receive the best possible offers, please make sure your answers above are accurate prior to submitting.

Name

Email

Phone

By checking this box and clicking the "Send me job offers" button below, I represent that I:
1. am 18+ years of age.
2. have read and agree to the TruckersReport Terms of Use and Privacy Policy.
3. agree to receive email marketing from TruckersReport and its Truck Driving Job Partners.

By checking this box and clicking the "Send me job offers" button below. I give my express consent authorizing TruckersReport and its Truck Driving Job Partners to contact me by telephone, which may include artificial or pre-recorded calls and/or text messages, delivered via automated technology to the phone number(s) that I have provided above (for which I am the primary user and subscriber), including wireless number(s), if applicable. I understand that my consent is not required to get job alerts.