Towing with U-Haul

I think the rental contract with U-Haul disallows towing any trailers other than their own. Better check that out.

Someone will probably have the latest scoop on this, but as I remember reading the rental insurance fine print, a person's biggest financial exposure in case of an accident is that if the vehicle is out of service for repairs for more than say 2 weeks (do not know what the real number is), then they have to start paying the daily rental charge while the vehicle is in the shop to make the rental company whole for their lost revenue.

But I am sure every rental company had their own layers draw up their contracts, and so each will be just slightly different.

I always found it curious that AAA recommends I NOT buy additional insurance if I rent a car, and they partner with Hertz, and the one time I rented from Hertz via AAA, they still tried to sell the additional insurance to me. It must be a real money maker for the rental companies.

IMHO- I think it will not be a problem. I HIGHLY recommend U-haul insurance. I have a relative on the board of directors of U-haul, an amazingly how many people think their own auto insurance will cover then in the event of an accident, NOT TRUE. As mentioned, you might be better off to purchase a van of your own.

Yea,

Check the mileage fee on the truck that you will be renting.

Some of the small "In town" vans do not have the V10, but would have a 5.4L V8 making 300 HP in the pickups, less in the vans. Van front cube vans make less power than the pickups.

Are you thinking about renting a gas powered F-650 heavy duty truck? They typically will get lousy mileage, as they tend to have 5.12:1 rear ends, or lower ratio, to give it the ability to tow and carry many thousands of pounds, so 4 and 5 MPG is not unheard of.

You did mention 10 trips a year, about 200 Km each, or about 2000 Km a year. Figure out what that cost will be, and consider a 1995 - 2002 gas pickup with a V10 or the old V8 460" engine. You might even find a 8.1L V8 GMC for sale at a reasonable cost. Consider if you only pay about $5,000 - 8,000, the cost will not reduce to much after the next 4 years, if you are only adding 10,000 miles. By this time, most have already lost all their drive off value, what is left will pretty much stay there, and you should be able to resell for about the same amount.

Yet if you also consider the insurance, what U-haul sells is pretty expensive, but so is insurance on a vehicle you are not driving. With my motorhome, I can call my agent and tell him to leave it dormant while I am not driving it, so the most expensive liability is in-activated, while the fire, theft, and damage is still in effect.

Fred.

GLEB 127 wrote:
Is there anything that I am overlooking or don't know about?

Have you checked the price/mile they charge? It's upwards of $1 per/mile or maybe even more on the larger truck you're talking about. At that rate you could buy a tow vehicle coated in gold if you are going to be towing with any regularity or distance.

As for the actual towing, I once rented a trailer to haul a car I was purchasing and it was overall pretty smooth. They have their system down to a science and you basically can't leave the lot without being setup properly or lying through your teeth about what you are hauling or using their equipment for.