Penske Rental Agreement Terms and Conditions: What You Need to Know
If you are planning to rent a vehicle from Penske, it is important to understand the terms and conditions of the rental agreement before signing on the dotted line. The rental agreement is a legally binding contract that outlines the terms of your rental, including the rental period, fees, insurance, and responsibilities of both parties. Here is a breakdown of the most important terms and conditions you should be aware of:
The rental period starts on the date and time you pick up the vehicle and ends on the date and time you return it. You are charged for the entire rental period, even if you return the vehicle early. Late returns may also incur additional fees.
Penske charges a variety of fees, including a base rate for the rental, mileage fees based on the distance you drive, and additional fees for services like towing or roadside assistance. You may also be required to pay a deposit or provide proof of insurance.
Penske offers a variety of insurance options, including collision damage waiver and supplemental liability insurance. It is important to understand what is covered under each option and how much it will cost. You may also have the option to use your own insurance, but you need to provide proof of coverage.
As the renter, you are responsible for returning the vehicle in the same condition it was rented in, with all equipment and accessories included. You are also responsible for any damage that occurs during the rental period, as well as any fines or violations incurred while driving the vehicle. It is important to inspect the vehicle for any damage before taking possession and to report any issues to the rental company.
The rental agreement can be terminated by either party at any time, but there may be fees or penalties associated with early termination. If you need to extend the rental period, you must contact Penske to make arrangements and pay any additional fees.
Overall, it is important to carefully review the rental agreement before signing to ensure you understand all the terms and conditions. If you have any questions or concerns, don`t hesitate to ask the rental company for clarification. By understanding your responsibilities as the renter and the fees associated with the rental, you can avoid any surprises and have a stress-free rental experience with Penske.