When it comes to moving, one of the biggest expenses is often the cost of renting a truck. U-Haul is one of the most popular truck rental companies, and many people turn to them for their moving needs. However, before you book your rental, it’s important to understand the cost of U-Haul truck rental and what factors can affect the overall price.
Base Rates
The cost of U-Haul truck rental starts with the base rate, which varies depending on the size of the truck you need. For example, as of 2021, the base rate for a 10-foot truck is $19.95 per day, while the base rate for a 26-foot truck is $39.95 per day. Keep in mind that these rates are subject to change and may vary based on location and demand.
Mileage Fees
In addition to the base rate, U-Haul charges mileage fees for each mile you drive. As of 2021, the standard mileage rate is $0.79 per mile for all truck sizes. This means that if you rent a 10-foot truck and drive 100 miles, you’ll be charged an additional $79 for mileage fees.
Fuel Costs
When you rent a U-Haul truck, you’ll be responsible for filling up the gas tank before you return it. If you don’t fill up the tank, U-Haul will charge you a refueling fee on top of the cost of the gas. Make sure to factor in the cost of gas when considering the overall cost of your rental.
Taxes and Fees
Like with any rental, U-Haul charges taxes and fees on top of the base rate and mileage fees. These fees can include things like environmental fees, sales tax, and vehicle recovery fees. Make sure to read the fine print and understand all of the additional fees you may be charged.
Seasonal Demand
The cost of U-Haul truck rental can also be affected by seasonal demand. For example, if you’re moving during peak moving season (typically the summer months), you may pay more for your rental than if you’re moving during a slower time of the year. It’s important to book your rental well in advance to ensure availability and potentially lock in a lower rate.
Insurance Coverage
U-Haul offers insurance coverage for their rentals, which can protect you in the event of an accident or damage to the truck. However, this coverage comes at an additional cost. Make sure to consider whether or not you need insurance coverage and factor this into the overall cost of your rental.
Discounts and Promotions
U-Haul often offers discounts and promotions to help customers save money on their rentals. For example, they may offer a discount for AAA members or for military personnel. Make sure to check for any available discounts and promotions before booking your rental.
Conclusion
Overall, the cost of U-Haul truck rental can vary depending on a number of factors. It’s important to consider the base rate, mileage fees, fuel costs, taxes and fees, seasonal demand, insurance coverage, and any available discounts or promotions before booking your rental. By understanding these factors and doing your research, you can help ensure that you get the best possible price for your U-Haul truck rental.