How To Save Money on Your Rental Truckās Gas
Itās no secret that gas prices have risen faster than a helium balloon on the moon.Ā
In June of this year, the U.S. Energy Information Administration (EIA) stated that the price of regular gasoline reached a nationwide average of $4.93 per gallon.
At the moment, the high-cost trend is on the decline, but prices are still a high-octane headache. This means for those of us who are moving this yearā¦ yup, high costs are going to hit us there too.
To put it in perspective, a move from Washington, D.C. to Portland, Oregon covers about 2,800 miles. In 2021, driving a loaded U-Haul that distance while getting 10mpg would have run about $850 in gasoline costs. The fuel cost in 2022 for that same trip is a stunning $1,300!Ā Ā In fact, a recent study by HireAHelper found that 2022 is the most expensive year on record for moving. Yikes.
What do high gas prices in 2022 mean for my move with a U-Haul, Penske, or Budget truck?Ā
Airlines, full-service moving companies and portable storage container companies all tack on a fuel surcharge to your final bill that reflects theĀ current price of gas.
This could mean anywhere from a couple hundred to a thousand bucks added to the final cost of your move!
(If you are hiring a company that does the work for you to haul your stuff to your new home, make sure you get a clear explanation of what their total fuel surcharge will be.)
But what about renting a truck yourself? To start saving money there, itās first important to understand how gas costs and fuel policies for rental trucks work.
