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
Boston Logan Intl Airport
Additional Travel Information
When you are coming to Boston via Logan International Airport, you will likely need ground transportation for the last leg of your trip. Our Budget Rent a Car Logan International Airport location can get you on your way without costing you valuable time. With our Fastbreak service, you can avoid the lines, get your car and be on your way. As a RapidRez member, you can reserve your vehicle in less than 60 seconds, and you won’t have to reenter your personal information each time you make an online reservation.From Logan International Airport Boston, you can take the family to all the best spots in town without being concerned about getting lost if you are in a GPS-equipped Budget rental car. If your interest is in catching a Red Sox, Patriots, Celtics or Bruins game, Budget can help you arrive on time. With the Boston area being rich in history, you could take a drive to nearby Quincy and see the birthplaces of two presidents, John Adams and John Quincy Adams. Whether you would like to go see the sights at Cape Cod or visit the legendary Boston Harbor, having a rental car means that you will be free to get there on your own schedule.When you are planning your next trip to Massachusetts, reserve your car from Budget at the Logan International Airport. If you are visiting downtown Boston or taking the drive north to nearby Connecticut, we have vehicles that are perfect for you. Our professionals at Budget will give you the best in customer service, so whether you need an SUV to accommodate a larger family or a smaller vehicle for yourself, contact us today.
Additional Location Information
Select from a wide variety of vehicles at Budget Boston Logan Intl Airport, check out the latest Boston Logan Intl Airport Car Rental Deals, and be confident that you are getting the best rental rates in Massachusetts !
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