U-Haul was founded in the year 1945 by Leonard Shoen in Arizona, United States. He began the service in a storage unit in the garage which belonged to his wife’s parents and from there he expanded the service all around the United States.
Cost of renting a U-Haul
U-Haul trucks of the smallest size and towing devices start with the price of 20$ per day. It can go up to a cost of 40$ depending on the size of the truck and pricing for the storage unit varies with the size of the unit, where the unit is placed, and for how long it is to be rented.
U-Haul can be rented on basis of the one-way trailer and two-way trailer; one way is one can rent it in one state or community and drive it across and hand it over to another U-Haul center at another state or center. Two-way U-Haul is when one drives it from and back to the same center from where it was rented.
Alternate of U-haul
As U-haul is a rental vehicle service company, there are multiple companies in competition with U-haul. These companies rent out vehicles and storage units as well and have been completing with U-haul in the ranking of being the first. The most used alternative to U-haul is the company service of Penske.
The other company in competition is Home depot, which is also a supermarket. There are many other companies but in comparison to U-haul Penske and home depot take the place.
Penske
Penske is a vehicle leasing company and rental company. Penske was founded in the year 1969 and is a part of the parent company Penske corporations and Mitsui and Co. The parent company is primarily an Automobile company that also rents and leases out vehicles.
Penske rents out vehicles such as trucks and moving vehicles, but it also leases out these vehicles for a longer duration. With leasing out the company also offers servicing of the vehicles. With service and renting the vehicles, the company also sells used moving trucks and vehicles at their stores. With this, they also provide towing of vehicles such as trucks and vans.
Penske with rental services also has logistics services. Logistics services are where the company rents out big cargo trucks to move and transport the cargo from one place to another. Penske also has the service of selling used trucks and vans at their stores and chains for a lesser price. People who want to buy used vehicles for lower costs can make use of Penske company.
Charges of Penske
The rental charge of Penske when compared to U-Haul is on the higher side. However, Penske charges the rental service by day and not hourly. It also has payment for miles in total. For one day, the rental charge for a truck can be 100$ for 50 miles. The more the miles the more the charge. With miles charge, the cost changes with the size of the vehicle rented or leased out.
Home depot
Another company in competition with U-haul is the home depot. Home Depot was founded in the year 1978 in the state of Georgia, the United States. Home depot is a supermarket that provides all products related to packaging and moving. It also includes all accessories required for installation, packing, and moving. The company also owns a rental franchise. Home depot has a rental service available.
It rents out trucks and vans for moving and shifting products. With renting out trucks and vans, the home depot also rents out trailers for rent. Home Depot also provides renting out tools and products required for cargo packaging and furnishings of the desired place. The Home Depot, unlike other rental services, doesn’t rent out large vehicles.
It rents out small trucks which can be used to move an entire furnished home or small office small in one trip. The home depot however is known for its products available for purchase at the supermarket branch.
Cost of renting at Home depot
Home depot is less expensive when compared to the charges of Penske but can be compared as the same pricing as that of U-Haul. The home depot charges around $15 and more for one hour of renting. The price varies with extra hours.
Unlike U-Haul or Penske, Home depot doesn’t charge for mileage. The mileage is included in the renting charge itself and doesn’t have a limit for the distance. Home Depot also has the option of renting out the vehicle for an entire week at a minimal price of $800 and more.
Conclusion
Various other rental services can be an alternative to U-haul. Penske and Home Depot are just some of the huge list of rental services. Other rental companies such as budget truck rental and enterprise truck rental are also one of the most used alternatives to U-Haul.
The alternative mentioned is rental companies which are available all through the United States. The companies have various stores and franchises throughout the United States and the prices are uniform in all places.
There are local alternatives to U-Haul which are available in every state. These alternatives are cheaper when compared to any rental service and usually rent the vehicles for a longer duration. The drawback of these local rental companies is there are confined to one state only.
Is U-Haul the cheaper rental service?
No, many other rental services are cheaper than U-haul. However, they don’t offer services such as that of U-haul.
Can alternative companies be used for towing?
It depends on the service provided by the company. Penske does offer towing service so does U-haul.