Complete Guide to U-Haul Vehicle and Storage Rentals
Explore everything about U-Haul, from its history and rental prices to the equipment offered and leadership. Ideal for local moves, U-Haul provides flexible, cost-effective vehicle and storage rental options. Learn how to estimate costs and find out who benefits most from their services. A trusted name in moving solutions since 1945, U-Haul continues to serve millions across the US with a wide range of reliable rental options for personal and business use.
U-Haul specializes in providing affordable moving solutions through vehicle rentals and storage facilities. Ideal for those lacking access to professional movers or portable storage options, it offers convenient and flexible options. Headquartered in Phoenix, Arizona, U-Haul has been a trusted name in the moving industry since 1945.
Founded by Leonard Shoen at age 29, the company began in his wife’s family garage in Ridgefield, Washington, with an initial investment of $5,000. The business expanded through franchising gas stations, becoming a nationwide leader. Owned primarily by the Shoen family, AMERCO serves as the parent company, with the family holding about 55% of the stock.
The company offers a range of rentals including self-storage units, tow hitches, cargo vans, trucks, and trailers, with over 16,000 dealerships across the country.
History of U-Haul
Leonard Shoen founded U-Haul with his wife Anna Mary Carty in her family’s garage, investing $5,000.
Initially, trailers were built and rental fees shared with franchised gas stations acting as agents.
Leonard devised one-way rental equipment and partnered with investors to grow the business.
By 1955, U-Haul operated over 10,000 trailers nationwide, establishing a strong presence in truck rentals.
Understanding U-Haul Rental Pricing
Daily rates for cargo vans or pickup trucks typically start at $19.99.
Rental prices for larger trucks range from $29.99 to $39.95 per day.
Mileage charges vary from $0.59 to $0.99 per mile.
If fuel is not refilled at return, U-Haul charges the current fuel cost, which may be higher than market prices.
Opting for full insurance coverage costs an extra $28 daily.
Environmental fees of $1 or $5 depend on the rental location and distance.
The total cost includes the base rent, mileage, damage protection, refueling, environmental fees, and taxes.
Returning the vehicle to a different location without prior notice incurs a fee of $124.95.
For long-distance moves exceeding 30 miles or multi-day rentals, quotes are provided based on specific drop-off locations.
Note that advertised prices like $19.99 are starting figures; actual costs depend on various factors.
Ideal Candidates for U-Haul Services
U-Haul is suitable for local moves within the same city or nearby areas.
Individuals should be comfortable driving larger trucks independently for such arrangements.
Rental Equipment Types
Heavy-duty trucks and vans are built on chassis from manufacturers like Dodge, GMC, and Ford.
These vehicles are then customized with U-Haul’s truck bodies at manufacturing facilities across North America.
Leadership Team
Joe Shoen is the CEO and Chairman of U-Haul.
John Taylor serves as the company’s President.
Mark Shoen holds the Vice President position within the organization.
