Penske vs U-Haul: Which Truck Rental Costs Less?
The sticker prices are nearly identical. The mileage policy is where they split.
The short answer: on a documented 1,700-mile one-way move, Penske ($5,253) and U-Haul ($5,112) landed within $141 of each other — essentially tied. The real difference is structural: Penske one-way rentals include unlimited free miles; U-Haul charges per mile (~$1/mile overage). Neither company publishes fixed truck rates, so your route and dates decide the winner — get both quotes.
Penske vs U-Haul: what we could verify (2026)
| Penske | U-Haul truck |
| One-way total, 1,700-mi example | $5,253 (Salt Lake City→Nashville, via U-Pack comparison, Aug 2026) | $5,112 (same route, same comparison) |
| One-way mileage policy | Unlimited free miles included (pensketruckrental.com, verified Oct 2026) | Per-mile charges apply; overage ≈ $1/mile (via U-Pack, Aug 2026) |
| Published daily rates | Not published — quote required (Penske FAQ) | Not verified — uhaul.com unreachable during our Oct 2026 check |
| Extra rental day (one-way) | $200/day, can be added anytime (Penske FAQ) | Not published — quote required |
| Additional driver | $10 each, up to 3 (pensketruckrental.com) | Not verified |
| Fuel cost reference | Estimator: ~$0.49/mi diesel, ~$0.59/mi gas (22/26-ft trucks) | You pay all fuel |
| Cancellation | Free modification/cancellation up to 24h before pickup | Varies by reservation |
| Current promo | PUMPKIN26: 5%+ off one-way (Oct 2026 banner) | None verified |
Penske publishes almost no fixed rates — the figures above are the complete set of deterministic prices on pensketruckrental.com as of October 17, 2026. Everything else requires a quote.
Why the mileage policy matters more than the base rate
That $141 gap on the 1,700-mile example looks like a rounding error — until you look at how each company gets to its total. Penske folds unlimited miles into the one-way price. U-Haul meters them. On a long one-way move, the meter is the whole game:
- Detours cost you with U-Haul, not with Penske. Road closure, wrong exit, 80 extra miles to dodge weather — on a per-mile plan that's ~$80 you didn't budget. On Penske's unlimited plan it's $0.
- Fuel is separate from mileage — don't confuse them. Penske's unlimited miles cover the rental charge, not the diesel. Their own estimator puts fuel at roughly $0.49–$0.59 per mile for the big trucks. Budget fuel on top regardless of which company you pick.
- The extra-day fee is the real trap. Penske charges $200 per additional day on one-way rentals. A two-day delay wipes out any base-rate savings instantly. Build buffer into your pickup schedule — and note Penske allows free cancellation up to 24 hours before pickup, so you can rebook rather than bleed $200/day if plans slip early.
The quote problem
Here's the uncomfortable truth about this comparison: neither company will tell you the price without your dates and locations. Penske's FAQ says it outright — rates are calculated per move. U-Haul's site wouldn't even load for us. Any article giving you a single "Penske costs $X" number is either quoting one specific route or making it up. The 1,700-mile totals above are real, dated, and sourced — use them as an anchor, then get your own quotes. That's also why our calculator shows ranges, not fake-exact prices.
What you only learn by doing it
The details below come from verified renter reviews and documented moves — the kind of thing brochures never print.
- The truck just works; the beeping is the tax. Stephen F. drove a Penske 1,900 miles from Parker, Colorado without a single mechanical issue — his only complaint was the dashboard beeping and the speed limiter on the highway. That matches the pattern in verified renter reviews: Penske's edge is boring reliability, not the sticker price.
- Count your equipment at pickup — and ask for the adjustment on the spot. Ray D. reserved add-on equipment for a 1,000-mile Penske move out of Apopka, Florida; not all of it was there at pickup. Penske adjusted his price on the spot to make up for it, and the truck itself ran fine. If something you reserved is missing, point it out before you drive off — there is precedent for an on-the-spot adjustment.
- Call the actual pickup location the day before. Many U-Haul locations are independent dealers, and truck quality varies by location. Renters report reservations getting moved to a different pickup spot close to the date — a one-minute confirmation call and an early arrival give you time to inspect the truck or ask for another one.
- No wheel wells means no dead space. Penske's box has a flat floor with no wheel wells jutting into the cargo area — unlike U-Haul's. Movers who've loaded both say it's the difference between one flat packing surface and Tetris-ing mattresses around humps. One renter who moved an airplane fuselage in a Penske chose it for exactly this: a flat wooden deck with no wells, so he could roll things where he wanted them.
Verdict: which should you pick?
- Pick Penske if you're driving one-way long distance and want mileage risk off the table — unlimited miles plus the $10 additional-driver fee make it the calmer choice for multi-driver road trips. Check the current promo code before booking.
- Pick U-Haul if your route is short and predictable (the per-mile meter barely matters under a few hundred miles) or if Penske has no convenient pickup location near you — U-Haul's neighborhood footprint is far denser.
- Get both quotes for the same dates. With no published rate cards, the only honest comparison is two quotes side by side for your move. Watch the extras: additional days, drivers, and fuel dwarf the base-rate difference.
Frequently asked questions
Does Penske really include unlimited miles on one-way rentals?
Yes — it's stated on pensketruckrental.com's homepage banner and knowledge center: "free unlimited mileage on all one-way moving truck rentals" (verified October 2026). Note this covers the rental charge, not fuel.
Is Penske cheaper than U-Haul?
On the one published head-to-head total we could verify (Salt Lake City→Nashville, 1,700 miles, August 2026), Penske was $5,253 vs U-Haul $5,112 — a $141 difference. U-Haul's own site adds a second example: Denver→Portland 26-ft trucks, $3,110.90 (U-Haul) vs $3,405.32 (Penske), quotes sourced January 2026. Neither publishes fixed rates, so the real answer depends on your route and dates.
What does an extra day cost with Penske?
$200 per day on one-way rentals, per Penske's FAQ. Days can be added at any time; days added before pickup are refundable up to the amount already paid.
Can I cancel a Penske reservation?
Yes — free modification or cancellation up to 24 hours before your scheduled pickup, per pensketruckrental.com's rental information page.
How much is fuel for a Penske truck?
Penske's own estimator (22/26-ft trucks) suggests ~$0.49/mile for diesel and ~$0.59/mile for gasoline at recent fuel prices. You return the truck at the same fuel level you picked it up with.
Sources
- pensketruckrental.com homepage, FAQ, important-rental-information page, and fuel-savings estimator (all read October 17, 2026) — unlimited one-way mileage, $200/day extra day, $10/additional driver, fuel estimates, PUMPKIN26 promo
- U-Pack, "How Much Does it Cost to Rent a Moving Truck One Way?" (Aug 2026), upack.com/articles — SLC→Nashville totals: Budget $6,437 / Penske $5,253 / U-Haul $5,112; ~$1/mile overage
- U-Haul, "Moving Trucks vs. Moving Containers" (uhaul.com Tips; quotes sourced Jan 2026) — Denver→Portland 26-ft trucks: U-Haul $3,110.90 / Penske $3,405.32 / Budget $3,136.79
- HireAHelper, "Top U-Haul Alternatives" — verified renter reviews (Stephen F., 1,900 miles Parker CO; Ray D., 1,000 miles Apopka FL)
- longdistance.net, moving truck rental guide (Oct 2026) — call-the-pickup-location advice; independent-dealer variance
- stjohn.openbar.com, airplane-moving blog (2013) — first-hand: chose Penske over U-Haul for the flat bed, "no wheel wells or fuel tube humps," flat wooden deck
- vansairforce.net forum — first-hand (military member, RV-10 Norfolk to Quantico): chose Penske for the wooden deck and "no wheel wells, so once inside, I could roll it where I wanted it"
Last updated: October 19, 2026. U-Haul truck figures now include U-Haul's own published quote examples (Jan 2026), labeled alongside the published U-Pack comparison.