2023-2024 Leasing Rates
Fuel is charged to the vehicle as it is purchased.
- The insurance charge is billed separately. Effective FY24, the insurance charge (per month) for vehicles will be:
- Cars $63
- Medium and Heavy Duty Vehicles (>12,000 lbs) $98
- All other vehicle types $68
- Vehicles not serviced on the Twin Cities campus do not pay a mileage rate but must pay all fuel and maintenance charges as they occur.
- Added equipment such as shelving, lift gates and snowplows will increase the vehicle’s monthly lease rate.
- Lease rates, while based on a monthly charge, are calculated and billed on a daily rate basis to allow accurate pro-rated fees.
If you do not see a rate for a vehicle you would like, contact Melina Helgeson at (612) 625-8020 to get a rate.
| VEHICLE | MONTHLY FEE | MILEAGE RATE |
|---|---|---|
| Electric Car | $504 | $0.14 |
| Compact Car | $394 | $0.17 |
| Midsize Car | $397 | $0.17 |
| 7 Passenger Minivan | $448 | $0.17 |
| Hybrid Mini Van | $740 | $0.17 |
| 10-Passenger Van | $507 | $0.33 |
| Mini SUV - Equinox/Escape | $467 | $0.22 |
| Midsize SUV - Tahoe/Explorer | $541 | $0.42 |
| Fullsize SUV - Suburban | $724 | $0.47 |
| Mini Cargo and 1/2 Ton Cargo Van | $346 | $0.32 |
| 3/4 Ton & 1 Ton Cargo Van | $360 | $0.48 |
| 3/4 & 1 Ton Extended Cargo Van | $379 | $0.48 |
| Cutaway Van (Chassis Only - Body & Eqpt Extra) | $332 | $0.42 |
| Mini Pickup* | $310 | $0.33 |
| 1/2 Ton Pickup & Mini Pickup Ext Cab* | $376 | $0.33 |
| 1/2 Ton Supercab Pickup & 1/2 Ton Crew Cab Pickup* | $408 | $0.33 |
| 3/4 Ton Pickup & 1 Ton Pickup* | $398 | $0.48 |
| 3/4 Ton Pickup Supercab* | $425 | $0.48 |
| 3/4 Ton Pickup Crew Cab* | $485 | $0.48 |
| 1 Ton Supercab PU & 1 Ton Crew Cab* | $526 | $0.48 |
| MEDIUM & HEAVY TRUCKS | Call for quote |
* For Pickup towing capacities and procedures, contact Fleet Services at fleetsrv@umn.edu.
Call Fleet Services for a quote for a vehicle not listed here.