Rate Budget Car Rental
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
Anchorage Intl Airport
Additional Travel Information
With an efficient rental car, you can enjoy much more freedom during your stay in Anchorage, Alaska. Visit our Budget Anchorage International Airport lot and see what modern, well-equipped cars we have available for you. You’ll have access to the latest models from popular manufacturers, and if you browse online, you can sort the available options according to the vehicle’s brand, mileage, energy efficiency and more.One of the first attractions that you should visit once you have your rental vehicle is the Alaska Botanical Garden, which features informative displays and a gorgeous environment for you to explore. If you’re an animal lover, visit the Alaska Zoo and check out some of the local wildlife displays. For an exciting experience, take your whole family to the H2Oasis Indoor Waterpark with plenty of rides and attractions to get your adrenaline flowing.When you arrive at Anchorage International Airport and need a rental vehicle, all you have to do is call, and we will be ready for you. Our Budget car rental Anchorage International Airport location offers the chance to browse through an impressive variety of vehicles at affordable prices. Be sure to call us or book a reservation online today and see how we can help make your family trip to Alaska even more comfortable and enjoyable.
Additional Location Information
Select from a wide variety of vehicles at Budget Anchorage Intl Airport, check out the latest Anchorage Intl Airport Car Rental Deals, and be confident that you are getting the best rental rates in Alaska !
Book a Car Rental at Anchorage Intl Airport in 60 seconds!
Own or work here?
Nearby Businesses
