Leasing

Vehicles are leased or rented by U-M departments for use by faculty, staff or students (see Note) to conduct University business both on and off campus.

Note: Student usage must be approved by Center for Campus Involvement or a department dean or director.

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 would like a temporary lease vehicle should submit a Temporary Lease Request .

Long Term Lease

Fleet Services will work with you to determine a vehicle that 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, and sport utility. 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 .

Lease Termination

Fleet Services will work with you if you no longer have an operational need for your current lease vehicle.  Send an email to [email protected] with the following information:  U-M vehicle number, termination date and reason, and contact person information.  

Fleet will consider the following items when looking at lease termination:  type of vehicle, time remaining on lease,  possible lease assumption by another department, and financial impact on the current leasing department.  

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 1-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: