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
Florence Regional Airport
Additional Travel Information
Florence, located in the Pee Dee historical region of South Carolina, is a key hub for various industries as well as a local center for science, culture, and economics. Getting around comfortably in this area means choosing the right rental car, and savvy travelers turn to Budget Car Rental.
Once you’ve landed at Florence Regional Airport (FLO), you’ll be able to select the vehicle of your choice from our wide range of Florence airport car rentals without ever leaving the premises—Budget’s FLO car rental counter is located on-site. In a hurry? Sign up for the Fastbreak program. You’ll skip the line at our Florence Regional Airport rental cars service counter altogether. How’s that for a great start to your airport car rentals experience?
Drive ten miles west of the city to visit the Darlington Raceway. This is where the Nationwide Series Race and the Sprint Cup Southern 500 take place, so it’s an excellent venue for experiencing the thrill of NASCAR. Florence is also the retail hub for the Pee Dee region thanks to the Magnolia Mall, spanning more than 600,000 square feet. It’s the largest retail center between Columbia and Myrtle Beach, featuring 70 retail stores, including anchors like Best Buy, Barnes & Noble, JC Penny and Sears.
Rely on Budget for reliable service, quality vehicles and great rental car deals. Budget will help make your trip to the South Carolina Midlands a memorable vacation.
Additional Location Information
Select from a wide variety of vehicles at Budget Florence Regional Airport, check out the latest Florence Regional Airport Car Rental Deals, and be confident that you are getting the best rental rates in South Carolina !
Book a Car Rental at Florence Regional Airport in 60 seconds!
Own or work here?
Nearby Businesses
