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
Baton Rouge Downtown
Additional Travel Information
If you plan to travel to the historic and thriving town of Baton Rouge, the downtown area has several great sites. There is the Louisiana State Capitol, the tallest state capitol building in the nation, the Old Governor’s Mansion and Louisiana’s Old State Capitol. Moreover, the city boasts several museums, a water park and a zoo for the whole family to enjoy. Travel to all these places in a stylish and comfortable Budget car rental from Siegen Lane. Whether you need a full-size vehicle that seats up to seven people, a stylish mid-size sedan or a fuel-efficient compact car, we have a huge variety of comfortable car rentals to suit your needs. Additionally, our Siegen Lane location includes moving trucks and cargo vans to help you relocate. We also offer a host of accessories and options for your driving pleasure such as GPS navigation, ski racks, a DVD player and satellite radio. When you take advantage of our Baton Rouge rental car deal by booking your car online, you’ll receive up to 30 percent savings. If you’re a baseball fan, hop in one of our Baton Rouge car rentals and take in a baseball game at the city’s Alex Box Stadium. If you prefer more of the great outdoors, drive over to Bluebonnet Swamp Nature Center and enjoy wildlife and scenic walking trails. At Siegen Lane Baton Rouge, we’ll make it possible for you to conveniently visit the city’s major attractions during your stay. Since the Budget on Siegen Lane is only about 6 miles from the heart of the city, places like Ruth’s Chris Steakhouse and other fine dining establishments are just right around the corner. Book your rental car reservation today to ensure that you can see all the sites you want to.
Additional Location Information
Select from a wide variety of vehicles at Budget Baton Rouge Downtown, check out the latest Baton Rouge Downtown Car Rental Deals, and be confident that you are getting the best rental rates in Louisiana !
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