Budget Rental Car is a car rental company with the budget-minded renter in mind. In 1958, it was founded in Los Angeles by Morris Mirkin. Mirkin founded the company with a $10,000 investment. In 1959, Jules Lederer, a distant relative of Mirkin, became enamored with the concept and created a leasing company to help Mirkin grow his business and increase his fleet. In 1960, Lederer and Mirkin formed the Budget Rental Car Corporation in Chicago. The company began to grow rapidly, both nationally and internationally.
As an industry leader, they offer quality vehicles and a rental experience that is rewarding. It has almost 1,900 locations throughout the world. This success is undoubtedly due to the company's ability to deliver a quality product on a consistent basis and provide the value and friendly service that keeps customers coming back.
They strive to provide great service at a great price. The company wishes to clearly demonstrate to its customers that they have received the best car rental value available. They promise to use new innovations and ideas in order to increase customer satisfaction and enhance service. It maintains focus on service and quality. The company has a strong focus on providing dependable and consistent service, and exceeding expectations, in order to foster loyalty amongst its customers.
They announced its initial public offering of 3.2 million shares in 1987. By 1992 Budget Rental Car moved its headquarters to Lisle, IL from its long-time downtown Chicago location. In 2003, they rolled out the "Budget Business Program". This program offers a corporate discount and provides businesses with low corporate rates, no additional driver fees and complimentary Fastbreak service. They also launched "Budget Pride" in 2003 as well. This is a comprehensive employee motivation program. The company also partnered with Mothers Against Drunk Drivers (MADD) in 2003 to help promote its "Tie One On For Safety" program.
In 2004, it completed its upgrade on the Amadeus Global Distribution Systems, an industry approved system which provides travel agents with real-time access to its reservation system.
Cendent Car Rental Group, their parent company, was named "One of America's Elite 11 Corporations for Women's Business Enterprises" in 2004 by the Women's Business Enterprise National Council (WBENC).
Budget Rental Car is dedicated to being a great place to work. The company strives to create a friendly and fun car rental experience for customers as well as employees. Budget Rental Car maintains a work environment that is upbeat, respectful and welcoming to all customers and employees. Budget Rental Car is committed to providing a safe, presentable and well-maintained work environment. In addition to these great qualities, Budget Rental Car shows caring for its communities by encouraging employees to become involved in civic and charitable activities. Budget Rental Cars is dedicated to assisting other people throughout the company as well as the community.