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When moving to a new location, one of the most important things to consider is how you will transport your belongings. While some people may opt for professional movers, others may choose to rent a truck and move their possessions themselves. If you fall into the latter category, you may be wondering about the average cost for Penske truck rental. In this article, we will explore the various factors that can impact the cost of renting a Penske truck and provide you with an estimate of what you can expect to pay.
Truck Size
One of the biggest factors that can impact the cost of renting a Penske truck is the size of the truck you need. Penske offers a variety of truck sizes, ranging from 12 feet to 26 feet. The larger the truck, the more expensive it will be to rent. As a general rule of thumb, you can expect to pay around $150 to $200 per day for a 12-foot truck, $250 to $300 per day for a 16-foot truck, and $350 to $400 per day for a 26-foot truck.
Distance
Another factor that can impact the cost of renting a Penske truck is the distance you will be traveling. Penske charges a flat rate for each mile you drive, which can range from $0.29 to $0.39 per mile depending on the size of the truck you rent. If you are moving locally and only need to travel a short distance, this may not add much to your overall cost. However, if you are moving across the country, this can quickly add up.
Duration of Rental
The duration of your rental can also impact the cost of renting a Penske truck. As mentioned earlier, Penske charges a daily rate for each truck size. The longer you need the truck, the more expensive it will be. Additionally, Penske may offer discounts for longer rental periods, so it’s worth considering if you will need the truck for an extended period of time.
Seasonality
The time of year you are renting a Penske truck can also impact the cost. During peak moving season, which typically runs from May to September, prices may be higher due to increased demand. If you are able to schedule your move during the off-season, you may be able to save some money on your rental.
Additional Fees
Finally, it’s important to keep in mind that there may be additional fees associated with renting a Penske truck. For example, if you return the truck late, you may be charged a late fee. Similarly, if you return the truck without filling up the gas tank, you may be charged a fee for refueling. Be sure to read the rental agreement carefully and ask the rental agent about any additional fees you may incur.
Conclusion
While the cost of renting a Penske truck can vary depending on a number of factors, you can expect to pay anywhere from $150 to $400 per day, plus a flat rate for each mile you drive. By considering your specific needs and planning ahead, you can help ensure that you get the best deal possible on your truck rental.