Budget Rent-a-Car was founded by Morris Mirkin in 1958 in Los Angeles, California, USA as a rental car company for the "budget-minded" personal renter.
It broke into an already crowded market, where three established on-airport competitors charged $10 a day and 10 cents a mile, by operating off-airport and offering more competitive rates than its on-airport competitors. During that first year, Morris and his wife single-handedly managed a fleet of 10 cars available for $4 a day and 4 cents a mile.
Today, Budget Rent-a-Car has grown to become one of the top three global car and van rental companies. Budget now has more than 3,400 locations, including over 800 airports, in over 128 countries.
Budget Rent-a-Car has continued to stay true to its name, providing renters with the same value for money, quality service.
