Penske Truck Lease Review 2023: What You Need to Know (2023)

Are you planning one?local movementacross town or along-distance movementAcross the country, you need a vehicle large enough to transport your prized possessions from point A to point B. Renting a truck is a great way to move and at a fraction of the cost of hiring a professional mover. But before you decide to hire a truck, you should do some research.

In this report, we cover everything you need to know about Penske Truck Rentals, an industry leader with great customer reviews, discounts and more.

What is a Penske truck rental?

Penske truck rentals are one of the bestnational truck rental companywho offer private and commercial truck hire for people who prefer to move on their own. The company offers local relocation and round-trip rentals as well as long-haul and round-trip rentals from 2,500 national locations. Penske has a fleet of five different truck sizes ranging from 12 to 26 feet with trailers for larger trucks.

All trucks over 12ft are equipped with ramps to make loading and unloading your contents easier. Although the company's fleet is smaller than some of its competitors, Penske could still be the perfect solution for your relocation needs.

What distinguishes a rental car from Penske?

What sets Penske apart from the competition is its affordable pricing and commitment to green technology. Long-distance moves include free mileage for one-way rentals. Penske also offers a large number of discounts.

Another great quality is Penske's commitment to the environment. although you will pay$9For an environmental fee, Penske offers some of the industry's newest trucks with fuel-efficient speed limit features, trucks with fuel emission control technology, and blankets and boxes made from recyclable materials.

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Penske claims to be a proud partner of the EPA's SmartWay program, which is dedicated to reducing greenhouse gas emissions and incentivizing fuel efficiency.

Penske Truck Rental services

Penske Truck Rentals offer a wide range of services and supplies forDIY movementsthat make shopping for your moving needs more convenient. The company's services and supplies include:

  • Five truck options
  • 24/7 roadside assistance included with every rental
  • Round trip transportation by local truck rental
  • Long distance one way truck rental
  • Rental of car transporters and trailers
  • Various insurance options
  • Packagingdeliveries
  • Rental of furniture pads and hand trucks
  • Loading and unloading partners available at extra cost
  • Home Depot Association at select Home Depot locations
  • storage

Penske Discount

One of the things we like about Penske is the discounts and special offers. It's no secret that moving house can be extremely expensive. Find out about the different ways you can save when you rent a truck with Penske.

  • Unlimited one-way kilometers: Complimentary unlimited miles on one-way rentals
  • Limited Time Offers: 10% or more discount on one-way rentals
  • fuel delivery: $50 towards your fuel bill for one-way rentals over $600
  • Towing Equipment Offer: $1 per day rebate on auto trailers or truckers when picking up your vehicle in the state of Texas
  • AAA discounts: 12% or more discount on rentals and accessories
  • military discounts: 10% discount for veterans, reservists and active duty military personnel
  • student discounts: 10% discount for students and students from 18 to 23 years old do not pay the underage supplement

Penske truck rental options at a glance

Choose the right onetruck sizedepending on the furnishings and contents, the size of the house and the budget.

truck optionmobile sizeloading capacityInterior cargo space in cubic feetfuel tank capacitymiles per gallon
Van with a high roofdorm or studio3500 pounds404Up to 31 gallons12
12 foot moving truckStudio or two bedroom apartment3,100 pounds450Up to 33 gallons12
16 foot moving truckLarge studio or one bedroom4,300 pounds800Up to 33 gallons12
22 foot moving truckTwo to three bedroom house10,000 pounds1200Up to 70 gallons13
26 foot moving truckHouse with four to five rooms10,000 pounds1.700Up to 70 gallons13

How to rent a Penske truck

Renting a truck with Penske is easy and you have three choices (but remember the internet has the best deals). You can make a reservation online by calling 1-844-847-9517 or 1-844-4TROOPS (1-844-487-6677) if you are an active duty, veteran or military reservist.

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If you have a smartphone, you can download the Penske app from the Apple Store or Google Play. Access a variety of in-app tools that allow you to:

  • get appointments
  • Book your truck
  • View interactive maps detailing your nearest Penske locations
  • Watch videos on how to connect trailer truck and trailer carrier
  • Read truck loading guides and more

How much does a rental car cost from Penske?

Penske truck rental prices depend on several factors such as: B. the time of year you reserve (high season or low season), the pickup and drop-off locations, truck size, train equipment and of course the discounts given. .

On average, expect a payment2.500 $for a move of 1,000 miles,$300on average less than the competition2.800 $. The largest truck rentals cost approx2.100 $. The competition lags behind$2.300.

Where Penske falls short is in local moving costs, as customers have to pay a per-mile fee$0.79 to $1.29 per mileif they return the vehicle at the same place. A local move with Penske costs$500on average what is$200higher than the average price of the competition from$300.

Insurance coverage options

To protect yourself from risk, you need the lawinsurance for rental cars. Check with your auto and home insurance companies to see how much coverage they offer before purchasing supplemental insurance. Becredit card companiesis not liable to cover your damages in the event of an accident.

Limited Damage Waiver (LDW)

Without Penske's Limited Damage Waiver, you are responsible for any damage or loss, regardless of fault. The Limited Damage Waiver cover covers you from liability for loss of or damage to the truck or towing equipment as long as it does not breach the terms of the rental agreement. He$40The cost will be added to your rental quote.

Liability Supplementary Insurance (SLI)

If you are involved in an accident in your Penske rental truck, Supplemental Liability coverage protects you and authorized drivers against claims from third parties for bodily injury and property damage up to1 Million Dollar. All drivers must be 21 years of age to purchase this insurance. SLI cost$29.

Cargo Insurance (CAI)

CAI covers property damage in the truck due to an accident or natural disaster up to15.000 $. However, the policy does not cover items damaged during loading and unloading. IAC costs$5.

Accident Insurance (PAI)

If someone is injured or killed as a result of an accident involving your Penske truck, PAI will provide medical treatment. However, the occupants must be in the cabin of the vehicle at the time of the accident to receive insurance coverage. EPI costs$4.

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Towing Insurance (TWI)

TWI covers collision damage to the vehicle you are towing with your Penske rental vehicle while it is being transported or while the vehicle is being loaded and unloaded on a dolly or carrier.

Penske Truck Rental Pros and Cons


  • Great prices for long-distance moves
  • Allows one way rentals unlike Ryder
  • 24/7 roadside assistance
  • Green Initiatives
  • Great discounts
  • Unlimited mileage for long distance moves


  • Price per kilometer for round trip
  • Costs more than the competition for most local moves

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Frequently Asked Questions (FAQs)

How much does it cost to rent a truck from Penske?

The average cost of renting a truck from Penske is1.150 $. The exact cost depends on the size of the truck, the distance traveled and other factors.

Can anyone rent a Penske truck?

You must be 18 years of age to rent a Penske truck. You will also be required to present two forms of identification, including a driver's license, passport, state-issued ID, vehicle registration, credit card, military ID, or phone bill.

Does Penske offer one-way rentals?

Yes, Penske offers one-way rentals for long-distance and local movers. If you return the truck to another Penske location, you get unlimited mileage as opposed to a round trip.

Do you need a commercial driver's license for larger trucks?

Penske does not require a Commercial Driver's License (CDL) for truck rentals, except when renting a 22-foot or 26-foot box truck with a Gross Vehicle Weight Rating (GVWR) greater than 26,000 pounds.


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