The short version
What rent-to-own actually is
Rent-to-own is a rental-purchase agreement through our partner, HMG. It is not a loan and not a credit sale, and there is no traditional credit check to get started. You rent the trailer with a fixed monthly payment for a set number of months, and when the last payment is made the trailer is yours. You can also buy it outright early and pay less than the payments still scheduled.
It is the second choice on purpose. A trailer bought on rent-to-own costs more by the end of the term than the same trailer bought with a bank loan, because you are paying for the convenience of skipping the credit check and leaving with it today. If a lender will approve you, take the loan. Rent-to-own is here for the contractor, landscaper or hauler who needs the trailer earning now and either has no credit history yet or would rather not have it pulled.
How rent-to-own works
Every figure here comes from the same calculator that runs on each trailer's page, so nothing on this page and the trailer you pick will disagree.
No credit check
Getting started does not run a traditional credit check. That is the whole reason the program exists and the main reason it costs more than a loan by the end.
Pick a term
Terms run from 12 to 60 months. A longer term means a lower monthly payment and a higher total by the end; a shorter term is the reverse. The longest terms are offered on higher-priced trailers only.
Monthly payments, tax included
Your payment is the rent plus South Carolina sales tax on that rent, which is what HMG bills each month. Every monthly figure we show you already includes the estimated tax, so it matches the bill and not a lowball. The exact rate follows your address and is confirmed at signing.
Due at signing
At signing you pay your first month, a one-time security deposit, and two fixed fees: $135.00 for title and registration and a $100.00 doc fee. The security deposit is a percentage of the price (3% on trailers priced at or below $8,000, 7% above $8,000 and up to $15,000, and 9% on trailers priced above $15,000). It is not a down payment.
No down payment on most trailers
There is no percentage down payment at any price. HMG finances up to $20,000 on one agreement, so the only time money is required up front is a trailer priced above that, and then it is exactly the difference. Putting more down is optional and lowers the monthly rent.
Pay it off early
You can buy the trailer outright at any time and pay less than the payments still scheduled, from 15% less on the shortest term up to 35% on the longest. The deposit and fees are not refunded or credited.
A real example
What the payments look like
Here is rent-to-own on an actual trailer in our inventory right now: the 2027 Down 2 Earth Equipment Trailer 7x22 Com EQ, priced at $8,900. The monthly figures include estimated South Carolina sales tax at our Greenville County rate; your own rate follows your address. The total of payments is the rent over the term, before tax, which is the figure the agreement itself states.
| Term | Monthly payment (est., tax incl.) | Total of payments (rent, before tax) |
|---|---|---|
| 12 months | $1,048.22/mo | $11,866.68 |
| 24 months | $575.24/mo | $13,024.32 |
| 36 months | $453.55/mo | $15,403.68 |
| 48 months | $417.44/mo | $18,902.88 |
Estimates. HMG confirms the exact amounts, availability and what is due at signing before you sign.
Which one is right
Financing or rent-to-own?
A bank loan costs less by the end and you own the trailer from day one, but you have to qualify for it. Rent-to-own takes no credit check and you can leave with the trailer today, and it costs more over the full term. If a lender will approve you, take the loan. We work with several lenders, and asking is free and pulls no credit.
Browse trailers you can rent-to-own
Nearly every trailer we stock can go on rent-to-own. Roll-off bins and combo packages are the exception. Every listing shows its own monthly payment.
Rent-to-own questions
Do you check credit?
No. Rent-to-own through HMG takes no traditional credit check to get started, which is the main thing that sets it apart from a bank loan. If you would rather finance the trailer with a loan, that is a separate process with its own lender application, and asking us about it still pulls no credit.
What do I need to get started?
Your first month's payment, a one-time security deposit that is a percentage of the trailer's price, and two fixed fees: $135.00 for title and registration and a $100.00 doc fee. On most trailers there is no down payment at all. HMG finances up to $20,000 on one agreement, so only a trailer priced above that needs money down, and then it is exactly the difference. The exact amount due is confirmed before you sign.
How long are the terms?
Terms run from 12 to 60 months. A longer term lowers the monthly payment and raises the total you pay by the end; a shorter term does the opposite. The longest terms are available on higher-priced trailers only. Each trailer's page shows every term it qualifies for with the payment beside it.
Can I pay it off early?
Yes. You can buy the trailer outright at any time and pay less than the payments still scheduled, from 15% less on the shortest term up to 35% on the longest. The security deposit and the fixed fees are not refunded or credited. Each trailer's page shows a worked early-payoff table.
What happens if I miss a payment?
A rental-purchase agreement is governed by HMG's own contract, which sets out how late payments, late fees and reinstatement are handled. Because those terms are the partner's and not ours to state on your behalf, the honest answer is to ask us and we will walk you through the agreement before you sign anything. Nothing on this page is the contract.
How rent-to-own works, and what it costs The plain version: what the whole term adds up to, what you pay to take it home, and when a bank loan is the better move.
Estimate only, and not a loan. No down payment is required, but there is an amount due at signing (a deposit, fees, tax and your first payment) which we will confirm before you sign. Terms run 12 to 60 months; the longer the term, the more it costs overall.