Fleet Vehicle Lease Rates

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 $0.43
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.