Budget Truck Rental

Name

Budget Truck Rental

Legal name

Budget Truck Rental, LLC

Website

https://budgettruck.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Budget Truck Rental, a subsidiary of Avis Budget Group, rents moving trucks and cargo vans to individuals and businesses across the contiguous United States through a network of independent dealer/licensees, direct online booking, and a dedicated commercial account program.

Ownership category

akta.pro rank

Product category

Moving Truck Rental Services

NAICS

Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing (53212)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

Box Truck & Moving Truck Rentals (THADAJAB)

Keywords

• Moving truck rentals
• Commercial truck rental
• Vehicle rental services
• Towing equipment rental
• Consumer relocation

Headquarters

HQ city

Parsippany

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Truck Rental Fees: Daily rental charges based on truck size and type, with rates varying by location and time of year. Base rates apply per 24-hour period or calendar day as specified in the rental agreement.
2. Mileage Charges: Per-mile charges for miles driven beyond included allowances. Pre-pickup additions at $0.70/mile; at-pickup or after additions at $0.85/mile.
3. One-Way Drop-off Fees: Additional charges when returning truck to a different location than pickup. Deposit amounts average $150 for one-way rentals.
4. Damage Waivers and Protection Products: Optional Physical Damage Waiver (PDW), Limited Damage Waiver (LDW), Commercial Damage Waiver (CDW), Supplemental Liability Insurance (SLI), Personal Accident and Cargo Protection (PAC), Auto Tow Protection (ATP), and Extended Roadside Assistance/Roadside SafetyNet all available for additional daily fees.
5. GPS Rentals: Daily rental rates for optional GPS navigation units with replacement cost liability up to $499 for loss or damage.
6. Towing Equipment Rental: Additional charges for tow dollies, car carriers, auto transport equipment, lift gates, and other towing devices.
7. Additional Driver Fees: Fees charged per Additional Authorized Driver beyond the primary renter, as specified in the rental agreement.
8. e-Toll Convenience Fees: Convenience fees charged per day on which tolls are incurred through PlatePass service, subject to maximum per rental period caps. Includes administrative fees for ticket violations up to $50 each.
9. Late and Miscellaneous Fees: Late return fees, cleaning fees ($25+ for excessive stains/trash), key/fob recovery fees, towing/impound fees, administrative fees, and collection costs.
10. Fuel Service Charges: Refueling service charges when trucks returned without full tank, at competitive per-gallon rates that may exceed retail fuel prices.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Budget Truck Rental provides local and one-way moving truck rentals to individual consumers and commercial accounts across the contiguous United States, offering cargo vans and larger box trucks with flexible daily and per-mile pricing. Rentals are supported by an integrated reservation platform and a nationwide dealer/licensee pickup and drop-off network, plus optional protection, liability, towing, GPS, electronic toll, and roadside assistance add-ons.

Product overview

Budget Truck Rental operates as a truck rental platform offering two primary service lines: Personal Truck Rental for individual consumers and Commercial Truck Rental for business accounts. The platform provides a range of moving truck sizes with optional towing equipment (tow dollies, car carriers, lift gates). Protection and insurance products include damage waivers (PDW, LDW, CDW), liability coverage (BLI, SLI), personal protection (PAC, ATP), and roadside assistance. Additional services encompass e-Toll/PlatePass electronic toll collection, GPS rental, and an affiliate program. The offering functions as a unified rental platform with add-on modules rather than separate product tiers.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Truck Rental Rental of cargo vans and moving trucks to individual consumers and families for personal relocation needs, available as local (same-location pickup and return) or one-way rentals across the contiguous United States.
• Commercial Truck Rental Rental of moving trucks to business customers for equipment transport, commercial moves, and employee relocations, supported by a dedicated commercial account program with customized rates, Basic Liability Insurance, and Commercial Damage Waiver options.

Quantifiable outcome

• Up to 20% discount available for AARP members and similar groups
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• AARPcoreGTM or Marketing PartnerBudget Truck Rental offers exclusive discount programs to AARP members, providing up to 20% off truck rentals. This partnership drives customer acquisition from the large AARP membership base seeking affordable moving solutions.
• Hireahelper.comcoreGTM or Marketing PartnerPartnership providing loading and unloading assistance services to Budget Truck customers. Customers can access Hireahelper through Budget Truck website to compare prices and hire helpers, creating a bundled moving solution.
• PlatePass (XNSPOT/International Road Dynamics)coreTechnology or IntegrationElectronic toll collection partner providing PlatePass service for automatic toll payment on highways, bridges, and tunnels. Uses license plate recognition and transponder technology for seamless toll processing during rentals.
• Verra Mobility (VMS)coreTechnology or IntegrationThird-party toll program administrator contracted by Budget Truck to process and bill tickets, citations, fines, and penalties incurred during rentals. Manages the administrative process for violation notices.
• Empire Fire and Marine Insurance CompanycoreOthersSLI (Supplemental Liability Insurance) underwriter for Budget Truck rentals in California, Delaware, Florida, Indiana, Iowa, Louisiana, Maine, Maryland, Montana, New Hampshire, New York, Pennsylvania, Puerto Rico, and Washington. Part of Zurich Insurance Group.
• ACE American Insurance Company (Chubb)coreOthersSLI (Supplemental Liability Insurance) underwriter for Budget Truck rentals in all states not covered by Empire Fire and Marine. Part of Chubb Limited, a major global property and casualty insurance company.
• Budget.comminorGTM or Marketing PartnerCross-referral relationship with Budget.com (sister company for car/van/pickup rentals). Budget Truck website redirects customers needing pickup trucks to Budget.com, while Budget.com may refer customers needing larger moving trucks to Budget Truck.
• US MilitarycoreGTM or Marketing PartnerDiscount program for active duty military personnel and veterans, providing special rental rates in appreciation for military service.
• Police, Fire, and EMT ServicescoreGTM or Marketing PartnerDiscount program for first responders including police officers, firefighters, and EMTs, providing special rental rates in appreciation for service.
• Motor ClubminorGTM or Marketing PartnerDiscount partnership with Motor Club providing special rental rates for Motor Club members.
• Student OrganizationsminorGTM or Marketing PartnerDiscount program for students providing special rental rates to support affordable moving during college years.
• Avis Budget GroupcoreOthersParent company and corporate umbrella. Budget Truck Rental, LLC is a subsidiary of Avis Budget Group, Inc. The company operates as part of the Avis Budget Group family of vehicle rental brands including Avis, Budget, and Payless.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• U-Haul: AMERCO's U-Haul is the dominant North American DIY moving truck rental operator, offering cargo vans, pickup trucks, and box trucks through a vast company-owned dealer network. Directly comparable to Budget Truck across personal one-way and local rentals, towing equipment, and moving supplies.
• Penske Truck Rental: Penske's consumer truck rental division rents the same moving-truck SKUs (12/16/22/26 ft) as Budget Truck for personal and small-commercial moves, with strong one-way corridor coverage. Penske skews heavier-duty and commercial than Budget Truck, but the personal-rental offerings directly overlap in product, customer, and pricing.
• Enterprise Truck Rental: Enterprise's truck rental program serves both consumer and commercial customers with light- and medium-duty trucks, leveraging the Enterprise brand and branch network. Overlaps Budget Truck in commercial accounts and personal moving rentals, with comparable insurance/protection product structures.

Broad incumbents

• Ryder Truck Rental: Ryder is a large, established fleet services and truck leasing/rental incumbent that competes with Budget Truck especially in commercial and long-term rentals. Broader supply-chain and dedicated transportation services make it a broad incumbent rather than a focused DIY-mover competitor.
• Hertz Truck Rental: Hertz historically offered consumer truck and van rentals through its airport and off-airport network before divesting much of that fleet; the residual truck/van offering still overlaps with Budget Truck at certain metro locations. A broad incumbent in vehicle rental with a smaller truck-rental footprint.

Emerging players

• Home Depot Truck Rentals: Home Depot offers 75-minute and daily cargo van / pickup / flatbed rentals for DIY home-improvement projects. A partial-overlap competitor for small-haul personal use; considerably smaller vehicles and shorter durations than Budget Truck's moving-truck core.
• Lowes Rentals: Lowe's truck rental program offers pickup and cargo van rentals similar to Home Depot. Adjacent to Budget Truck for small-load DIY moves but does not serve long-distance or full-size box truck moves.
• PODS: PODS offers portable container-based moving as an alternative to driving a rental truck — directly competitive for cross-town and long-distance residential moves. Targets the same DIY customer who might otherwise rent from Budget Truck; differs on model (container, not truck) but relevant for share-of-wallet.

Others

• Zipcar by Avis Budget Group: Sister company within the Avis Budget Group family, providing car-sharing mobility. Not a direct truck-rental competitor but a comparable ecosystem partner for cross-referral and shared Avis Budget Group technology, fleet, and customer infrastructure.
• Avis Car Rental: Flagship car-rental sister brand under Avis Budget Group. Shares fleet procurement, telematics/PlatePass integration, and corporate infrastructure with Budget Truck; serves as the natural cross-referral channel for pickup-truck and small-van needs that Budget Truck does not cover.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/budget_truck

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Budget Truck Rental