Budget Car Rentals
Getting the Best Deals from Budget Car Rental Service
Budget Rent a Car System has over 800 locations in the US alone and is one of the largest car rental corporations in the world. The Budget brand began from humble beginnings but with high aspirations when in 1958, Morris Mirkin started the first location in Los Angeles with an initial investment of $10,000. His idea was to create a brand to reach the budget-conscious consumer. A year later Jules Lederer, a distant relative of Mirkin, became enamored with the concept and created a leasing company to help increase the fleet. In 1960, Lederer and Mirkin formed the Budget Rent a Car Corporation in Chicago which was the real jumping off point for growing the business both nationally and internationally. Today, if you’re looking to rent a car in any major city in the country, you can do so at a Budget location and RentACarNow.com can help you find the lowest options on Budget rental cars.
Budget earned its name and built its reputation in the 1950s and ‘60s by offering lower daily and per mile rental rates of the more established airport based car rental companies of the time. In 1987, Budget went public and announced its initial offering of 3.2 million shares. Ten years later, Budget is bought by Team Rental Group, its largest U.S. franchisee, which prompted the company name to become the Budget Group, Inc. A year later, Budget began instituting its “Fast Break” services, as a way to provide its customers with a paper-less transaction express service for their convenience. The RentaCarNow.com site is a quick and convenient way to get the lowest options on Budget cars.
In 2002, the Cendant Corporation purchases Budget’s assets in the U.S., Canada, Latin America, the Caribbean, Australia and New Zealand and moved its headquarters from Lisle, IL to Parsippany, NJ. Four years later, Cendant separated into four individual companies and through this transaction, Budget Rent A Car System, Inc. became a subsidiary of Avis Budget Group. The Budget brand, now under the Avis umbrella continues to strive to make the consumer’s car rental experience easier and more pleasant.
If you are looking to rent a car throughout the country, check out the great Budget rent-a-car rates available at RentACarNow.com and book your reservation today.
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