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)

PenskeU-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 policyUnlimited free miles included (pensketruckrental.com, verified Oct 2026)Per-mile charges apply; overage ≈ $1/mile (via U-Pack, Aug 2026)
Published daily ratesNot 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 referenceEstimator: ~$0.49/mi diesel, ~$0.59/mi gas (22/26-ft trucks)You pay all fuel
CancellationFree modification/cancellation up to 24h before pickupVaries by reservation
Current promoPUMPKIN26: 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:

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.

Verdict: which should you pick?

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

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.