Leasing

Vehicles may be leased by departments for use by University faculty and staff to conduct University business both on and off campus.

Short Term Lease (temporary leases)

Fleet Services has a limited number of vehicles for short term rentals. Short term is defined as a rental lasting between one month and one year (12 months). Departments that wish to lease a vehicle on a temporary lease should submit a Temporary Lease Request to Fleet Services via fax at 734-763-1470 or email to fleetrental@umich.edu.

Long Term Lease

Fleet Services will work with you to determine which type of vehicle meets your operational needs. Vehicles are divided into two groups – Auto and Truck. The Auto fleet consists of passenger-type vehicles, such as sedans, minivans, sport utility, and small compact pickups. The Truck fleet consists of service-type vehicles, such as work vans, pickup, dump, cargo, and utility trucks. Auto leases require a lease commitment of five years. Truck leases require a lease commitment of six years. If you would like to lease a vehicle, complete and submit a Lease Vehicle Request form and submit it to Fleet Services.

Rates

Only vehicles used for one or more months are billed at the monthly rate. All other rentals are billed at the daily rate with a minimum one day charge. All leases and rental rates include maintenance and insurance as part of the lease, but the lease rate does not include fuel.

Current monthly auto lease rates are as follows:

Vehicle Type Passenger Capacity Monthly Lease Rate
Sedan (non-hybrid) 5 $465.00
Sedan (hybrid) 5 $550.00
Minivan 7 $505.00
Compact Pick-up 2 or 3 $415.00

All truck lease rates are based on the purchase price of the vehicle. Please contact Fleet Services for information on truck leases.

All rates apply to the use of a vehicle and do not decrease with the vehicle's age nor increase with maintenance expenses. If a vehicle is too old to be serviceable, it will be replaced during our normal replacement cycle.