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Our Factsheet
Growing the business since 1958
In Summary: Day after day, Budget employees and operators at approximately 2,700 locations in more than 120 countries help support our vision, mission and values.
Quick History
Budget Rent A Car was founded by Morris Mirkin in 1958 with a $24,000 investment. The company name was chosen to appeal to the “budget-minded” or “value-conscious” renter. In 1959, in an effort to grow the business, Mirkin appealed to a distant relative, Jules Lederer, president of a Chicago-based manufacturer of writing instruments, for additional financing. Lederer formed a leasing company and leased new vehicles to Mirkin. In 1960, Lederer formed Budget Rent A Car Corporation in Chicago. The company then grew rapidly, both nationally and internationally.
In 1986, Gibbons, Green and van Amerongen Ltd. along with management and selected investors purchased Budget from Transamerica Corp. in a LBO transaction. Budget made an initial public offering of 3.2 million shares in 1987.
In 1992, Budget moved downtown Chicago headquarters to Lisle, Ill.
In April 1997, Budget was bought by Team Rental Group, Budget’s largest franchisee in the United States and changed its name to Budget Group, Inc. Budget Group began trading on the NYSE that year.
In 1997, Budget unveiled “Unlimited Budget” a travel agent loyalty program through which members receive a free Unlimited Budget debit MasterCard card and earn points (dollars) for completed bookings.
In 1998, Budget introduced “Fastbreak,” Budget’s express service with paperless transaction.
In 2002, Budget Group was delisted from the NYSE and sold Budget Rent A Car assets in the United States, Canada, Latin America, Caribbean, Australia and New Zealand to Cendant Corporation. Other worldwide assets were sold to Avis Europe, Plc. Later, Cendant moved Budget headquarters from Lisle, Ill. to Parsippany, N.J.
In 2006, Cendant Corporation separated into four independent companies: Realogy, Wyndham Worldwide, Travelport and Avis Budget Group, Inc. As a result, Budget Rent A Car System, Inc. is now a subsidiary of Avis Budget Group.
In 2011, Avis Budget Group, Inc. acquired Avis Europe plc. The transaction re-unites Avis Budget Group with its licensee for Europe, the Middle East, Africa and Asia.
About this location:
Location
Amarillo Downtown
Additional Travel Information
When you need to find reliable rental cars for your trip to Amarillo, make Budget Rent a Car on West 45th Street your first destination. Budget has rental cars for all travelers, especially for affordable family trips. Budget has a variety of vehicles and trip enhancements including GPS, Sirius XM radio and child safety seats. The right transportation can make all the difference during your stay, so be sure to visit Budget on West 45th Street and see what vehicles are available. After stopping by Budget car rental on West 45th Street, take the whole family down to Palo Duro Canyon State Park, where you can go on hikes, camping trips and exciting horseback rides. For those interested in an even more engaging experience, be sure to check out the Wonderland Amusement Park. It has all the best rides, attractions and restaurants. Originally founded in 1958, Budget has since expanded to over three thousand locations, dedicated to providing all customers with incredible rental opportunities. If you are not able to make it to their West 45th Street Amarillo location, they can schedule for a pick up to come to you. As soon as you stop by West 45th Street, you’ll be treated to an incredible selection of Amarillo car rentals, with knowledgeable experts ready to offer you advice on the perfect vehicle for your family trip. Call Budget today and see how they can offer you the perfect Amarillo rental car deal or book online and save up to 30 percent on your rental. 

Additional Location Information
Select from a wide variety of vehicles at Budget Amarillo Downtown, check out the latest Amarillo Downtown Car Rental Deals, and be confident that you are getting the best rental rates in Texas !
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