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Whether you’re moving to a new home or looking to put some of your items in storage, you may need a vehicle larger than your own.<\/p>\n
U-Haul is a popular company that rents out trucks, vans, and other vehicles to people who need a larger vehicle to haul their items.<\/p>\n
People often use the trucks to store furniture and boxes while moving to another residence.<\/p>\n
Renting a U-Haul isn’t always cheap, however.<\/p>\n
Before you choose to rent a U-Haul vehicle for your moving needs, it may be worth knowing why U-Haul is so expensive to rent.<\/p>\n
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The average price of renting a U-Haul is between $20 and $50 with mileage costs and other fees added to your total from there.<\/p>\n
U-Haul can be expensive because of its limited inventory, the different costs associated with running a rental company, any additional services you include with your rental, and the time of year in which you choose to rent.<\/p>\n
Let’s look at these factors in more detail.<\/p>\n
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One of the reasons U-Haul rentals can be expensive is if you’re trying to rent a truck or trailer during peak rental season.<\/p>\n
\u201cPeak season\u201d is typically when the moving season occurs.<\/p>\n
You may not realize that there’s a moving season, but there is.<\/p>\n
It tends to start around spring and ends around fall.<\/p>\n
During this time, because the weather is warm and pleasant, people are out looking for new homes, new apartments, or moving their children in and out of college.<\/p>\n
It’s also a time when people go on vacation.<\/p>\n
They may need to rent a trailer to haul some ATVs or even a boat.<\/p>\n
Because it’s a time when a lot of people are renting trucks and other moving equipment, it means the demand is exceptionally high.<\/p>\n
Since U-Haul only has so much inventory, they have to increase their prices due to the high demand.<\/p>\n
You might find that U-Haul prices are a lot lower during the late fall and winter.<\/p>\n
U-Haul is expensive because renting something during peak moving season exacerbates the lack of inventory that U-Haul has.<\/p>\n
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![\"U-Haul](\"https:\/\/choicehard.me\/wp-content\/uploads\/2023\/02\/U-Haul-Moving-Truck.jpg\")
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The problem with U-Haul which directly impacts its prices is its limited inventory.<\/p>\n
Although many U-Haul stores have lots of acreage and trucks, they still have a set number of rentals available in their space.<\/p>\n
They can’t buy a ton of trucks if they don’t have room to store them.<\/p>\n
As such, they have a limited inventory.<\/p>\n
This means that they almost always have a shortage of their services.<\/p>\n
Since there’s a shortage, U-Haul can ask for higher prices for their rentals.<\/p>\n
This is done to decrease demand until their supplies increase again.<\/p>\n
That’s why renting from them during the moving season is especially expensive.<\/p>\n
Since they only have so many trucks, trailers, and other moving equipment, if the demand is high for those items, then the price is going to be high.<\/p>\n
It all comes down to how large the U-Haul store is, too.<\/p>\n
Larger U-Haul stores are going to have more inventory space than smaller stores.<\/p>\n
Pricing also comes down to how many of a certain vehicle are in stock.<\/p>\n
For example, U-Haul might have a lot of car trailers for rent but very few 10-foot trucks.<\/p>\n
The limited inventory feeds into their higher prices.<\/p>\n
U-Haul is expensive because they don’t always have a lot of inventory.<\/p>\n
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Another big factor that can make U-Haul expensive is fuel costs.<\/p>\n
U-Haul charges customers fuel costs in a few ways.<\/p>\n
For one, they charge customers based on mileage.<\/p>\n
If you’re driving a long distance, then your mileage cost is going to be quite expensive.<\/p>\n
U-Haul charges this to keep up with fuel costs as well as maintenance costs.<\/p>\n
The more you drive the U-Haul, the more damage you’re essentially doing to it.<\/p>\n
U-Haul also doesn’t fuel the truck for you.<\/p>\n
They’ll have it gassed up when you first pick it up, but from there, it’s up to you to refuel it.<\/p>\n
Refueling a moving truck is more expensive than refueling a standard car.<\/p>\n
These trucks tend to have bigger gas tanks.<\/p>\n
As such, you’ll face higher prices at the fuel pump.<\/p>\n
High fuel costs make renting your U-Haul even more expensive.<\/p>\n
U-Haul is expensive because you typically have to pay for your own gas.<\/p>\n
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While you do need to pay for damages if you end up in a wreck or you harm the U-Haul truck, you don’t have to pay for standard maintenance costs.<\/p>\n
U-Haul takes care of all that.<\/p>\n
That also means that U-Haul takes on a lot of costs in this regard.<\/p>\n
They need to give their trucks and vans regular maintenance to ensure they’re in working order.<\/p>\n
They know that if they don’t keep their vehicles in top shape, then they’re not going to last very long.<\/p>\n
Spending a few grand on a vehicle to keep it in good shape is far more affordable than having to buy an entirely new truck.<\/p>\n
As such, it makes sense that they maintain their fleet.<\/p>\n
That said, it does increase their costs, too.<\/p>\n
They will occasionally have to replace parts and maintain tires.<\/p>\n
Because they have a reputation to uphold, they can’t rent out a truck or van that won’t function.<\/p>\n
People will stop renting from them and go to their competitors instead.<\/p>\n
Since they have high maintenance costs, however, they need to cover those costs with higher prices.<\/p>\n
It allows them to build up a cushion that they can draw from when costs are a bit tight.<\/p>\n
U-Haul is expensive because of its high maintenance costs.<\/p>\n
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Because the business\u2019 survival is dependent upon its fleet, U-Haul also has expensive insurance plans for its vehicles.<\/p>\n
They want to make sure that if their vehicles do end up in an accident or get damaged that they’re going to have some form of protection.<\/p>\n
Considering that their business puts their assets in the hands of others, there’s a good amount of risk that they take on.<\/p>\n
They’re trusting the renters to be mindful of their use of the trucks and to bring them back in one piece.<\/p>\n
Obviously, that doesn’t always work out.<\/p>\n
Many renters aren’t used to driving big trucks or hauling something behind their cars.<\/p>\n
That sort of inexperience can lead to accidents and damage.<\/p>\n
To ensure they’re able to keep up with the repair costs, U-Haul relies heavily on their insurance plans.<\/p>\n
However, because their business is slightly risky, they likely face high insurance rates.<\/p>\n
In order to be able to pay those rates, they have to charge high prices for their equipment.<\/p>\n
U-Haul is expensive because of its high insurance costs.<\/p>\n
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Since most people use U-Haul trucks to move\u2014sometimes across great distances\u2014one expense that they may not consider is toll fees.<\/p>\n
U-Haul does not pay toll fees for you.<\/p>\n
Instead, when you pass through a toll, you’ll either pay it directly, or the bill will be sent to U-Haul.<\/p>\n
If this occurs, U-Haul will add the toll fee<\/a> to your final bill.<\/p>\n Essentially, you’ll be responsible for paying all toll fees that you collect.<\/p>\n U-Haul doesn’t pay them.<\/p>\n This makes renting from U-Haul expensive because it’s just another fee that you need to pay while using their service.<\/p>\n The good news is that if you know your way around the area or have a good GPS, then you can usually avoid paying toll fees by not driving on toll roads.<\/p>\n That might make your drive a bit more difficult or last longer since it may not be the most direct path, but it can help you avoid tolls.<\/p>\n That said, the extra mileage or fuel costs you add to your total might end up costing you more than the tolls.<\/p>\n As such, it’s worth planning your route to ensure you’re taking one that will save you the most money.<\/p>\n U-Haul is expensive because it doesn’t cover your toll fees.<\/p>\n <\/p>\n <\/p>\n Besides paying external fees like tolls, you’ll also have an assortment of different fees to pay to U-Haul.<\/p>\n One such fee is their environmental fee.<\/p>\n U-Haul charges an environmental fee<\/a> to help combat carbon emissions.<\/p>\n Since their business is all about driving, they’re a contributor to pollution.<\/p>\n In an effort to do their part in reducing pollution, they charge an environmental fee.<\/p>\n They use the funds of that fee to research and develop new ways of making their trucks and operations more eco-friendly.<\/p>\n That usually means investing in new technology that helps them cut down on carbon emissions.<\/p>\n They also use it to sponsor energy-saving and water-saving projects.<\/p>\n While the intentions behind the fee are good, it does make renting from them a bit more expensive.<\/p>\n Not only do you have the standard rental fee, but you’ll have fees like the environmental fee added on top of it.<\/p>\n Depending on how many fees apply, you could end up with a very expensive rental.<\/p>\n U-Haul is expensive because it charges you extra fees on top of your rental fee.<\/p>\n <\/p>\n <\/p>\n While renting from U-Haul can be quite expensive, it’s even more expensive when you add on extra services.<\/p>\n One of the services that people often include is self-storage services.<\/p>\n U-Haul typically has storage units that you can rent to permanently or temporarily store your items.<\/p>\n It’s helpful when you need to move out of a place and aren\u2019t quite ready to move your things into your next place of residence.<\/p>\n The problem with using their self-storage services is that it makes using U-Haul even more expensive.<\/p>\n You have to pay them monthly for the unit, and that rate differs based on the size of the unit.<\/p>\n Add your truck rental fee to the mix, and you have a very expensive bill.<\/p>\n U-Haul is expensive because of added services like self-storage.<\/p>\n <\/p>\n <\/p>\n Though you may be a well-intentioned and safe driver, there may come a time when you accidentally damage the U-Haul truck or trailer.<\/p>\n A tree branch might fall on the windshield.<\/p>\n Someone might run into the truck when they are moving furniture.<\/p>\n Car accidents are common.<\/p>\n Whatever the reason, your rental could become damaged.<\/p>\n In most cases, the renter must pay for those damages.<\/p>\n The exception is those who pay for some sort of protection plan<\/a> through U-Haul.<\/p>\n If you pay for a protection plan, then your rental price is going to be higher.<\/p>\n However, it also means that if you damage the truck, you won’t have to pay what could be an even higher price to fix it.<\/p>\n U-Haul is expensive when you pay for protection services to avoid paying for damages.<\/p>\n <\/p>\n <\/p>\n A final reason why U-Haul is expensive is that its services are often in high demand.<\/p>\n Even though the moving season is when U-Haul is in most demand, it’s also in relatively high demand throughout the year, too.<\/p>\n People are always moving or hauling things around.<\/p>\n As such, you often have to compete with other people to get your hands on a specific truck or trailer.<\/p>\n When the competition is fierce, U-Haul is able to charge high prices.<\/p>\n U-Haul is expensive because its trucks and trailers are often in high demand.<\/p>\n The post Why Is U-Haul So Expensive? (10 Reasons)<\/a> appeared first on The Cold Wire<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Whether you’re moving to a new home or looking to put some of your items in storage, you may need a vehicle larger than your own. U-Haul is a popular company that rents out trucks, vans, and other vehicles to people who need a larger vehicle to haul their items. People often use the […]<\/p>\n","protected":false},"author":1,"featured_media":153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/posts\/150"}],"collection":[{"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/comments?post=150"}],"version-history":[{"count":3,"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/posts\/150\/revisions"}],"predecessor-version":[{"id":182,"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/posts\/150\/revisions\/182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/media\/153"}],"wp:attachment":[{"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/media?parent=150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/categories?post=150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/choicehard.me\/index.php\/wp-json\/wp\/v2\/tags?post=150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}7. Extra Fees<\/strong><\/h3>\n
![\"A](\"https:\/\/choicehard.me\/wp-content\/uploads\/2023\/02\/A-white-card-with-the-text-FEES.jpg\")
<\/p>\n8. Self-Storage Services<\/strong><\/h3>\n
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<\/p>\n9. Damage Fees<\/strong><\/h3>\n
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<\/p>\n10. High Demand<\/strong><\/h3>\n
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