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How Much Does It Cost to Rent a Penske Truck?

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If you are looking to move to a new home without the help of professional movers, renting a truck is a necessity. Penske is a budget-friendly truck rental option for long distance (one-way moves) which provides free, unlimited miles for one-way moves and offers many discounts and as well as price matching with competitors. Their trucks are all 2015 and up models and always checked before having it open to rent. They also provide packing and towing supplies if needed.

Cost to Rent a Penske Truck

Let's have a look why Penske is a good option for your DIY move!

What is the average price for renting a Penske truck?

Penske offers transparent pricing for long distance move compare to other truck rental companies. Use the below formula to get an idea on average price for renting a Penske truck:

Rental truck + Mileage + Liability + Gas refill + Environmental fee + Taxes = Final total

Pricing is based on how far you are going and how much your bringing with you. It is also based on the coverage you choose -- like a limited damage waiver for $132 or a supplemental liability for $100. The larger the truck is and the further you will need to go, the higher the price will be.

Here's what to expect:

  • Moves under 50 miles average to around $134-$200 a day
  • Moves between 50 and 250 miles average around $200-$600 a day
  • Move above 250 miles average out to about $600-$1,200 a day

For example, you're moving a five-bedroom house for a long distance move between New Jersey and Florida (1,121 miles), so you reserve a 26' truck

You will be charged $2,090 for six days. This includes:

  • The truck, $1,614.75
  • Unlimited mileage for a one-way trip
  • Two dozen furniture pads, $15 per dozen
  • Two hand trucks, $20 each
  • Both protections plans, $232
  • A sales tax of $162.80
  • An environmental fee of $9

You will be charged extra if the truck is damaged or dirty. If you cancel your reservations the day of, you will be charged a $100 fee for failing to notify Penske within the 48-hour time frame.

Does Penske offer discounts?

Yes! There are all sorts of discounts for active duty military or veterans. College students save 10 percent, AAA members save 12 percent, and there are coupon codes on their website.

Does Penske charge a flat mileage rate or a per mile charge?

Like most companies, Penske charges $.99 per mile when you rent a truck for a round-trip move.

However, if you only require the truck for one way, you'll receive free unlimited mileage. Long distance moves fall into this latter category, and you will pay a flat rate without a mileage fee. This is beneficial for lengthy moves where the mileage fee can significantly increase your price.

What will Penske guarantee you?

Penske offers commercial vehicles from light-duty vehicles to heavy trucks and all vehicles are supplied with automatic transmission, air conditioning, anti-lock brakes, dual-faced mirrors, cargo tie rails, power steering and a rear roll-up door.

Moving trucks are examined before rented out to a customer. Here's the brief information about Penske truck which include its features, capacity, storage space, and load capacity.

Truck size 10' truck 15' truck 17' truck 20' truck 26' truck
Volume 402 763 865 1,015 1,611
Maximum load 2,810 6,385 5,930 5,605 7,400
Vehicle weight 8,600 14,500 14,050

14,500

20,000
Empty weight 5,790 8,115 8,120 8,895 12,600
Tow capacity 6,000 10,000 10,000 7,500 7,500
Interior 9'11" x 6'4" x 6'2" 15' x 7'8" x 7'2" 16'9" x 7'8" x 7'2" 19'6" x 7'8" x 7'2" 26'5" x 7'8" x 8'3"
Miles/gallon 12 10 10 10 10
Air bags Yes Yes Yes Yes Yes
A/C Yes Yes Yes Yes Yes
Seats available 2 3 3 3 3

What kinds of insurance does Penske offer?

Supplemental Liability Insurance (SLI) protects the renter and listed authorized drivers against claims made by a third party.

  • For any sort of damage from results of an accident
  • Specified within your signed rental agreement for up to $1,000,000
  • Only covers drivers 21 years of age or older who operate the truck

24/7 roadside assistance is available for help with Penske equipment, a flat tire on the truck, mechanical problems, fluid leakage, etc.

Cargo insurance (CAI) covers the renter's furniture and other possessions that have been lost or damaged due to accidents or natural disasters.

  • Only covers items during transit
  • Items must have been in the truck
  • Possessions damaged while loading or unloading are not covered
  • Covers up to $15,000 and charges a $100 deductible

Important questions to ask when renting a penske truck

  1. What forms of payment does Penske accept? Penske accepts* cash, major credit cards, cashier's checks, traveler's checks, company or personal checks. *Please call your pickup location to verify acceptance.
  2. What is the environmental fee? Penske is committed to doing their part to protect the environment. They handle a number of materials that may be harmful to the environment. The fee goes towards properly disposing of these materials in accordance with the law.
  3. Are there any charges due when I return the truck? No charges are due if you are on time and return the truck in the same condition and fuel level as when you received it. There are no hidden mileage or turn-in fees.
  4. Can I change the date of my reservation? You can make as many date changes prior to pick-up within six months of the original reservation date.

Staff Writer  Posted by Staff Writer on October 11, 2018

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