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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.

… more

About this location:

Location

Fort Worth Downtown

Additional Travel Information

When you need to make your next family trip perfect, be sure to call Budget to ask about their Fort Worth rental car deals. Budget Rent a Car on West Weatherford Street is the leading vehicle rental company in the local area. With thousands of locations all around the world, they focus on providing unbeatable deals and saving opportunities, all while showcasing the most efficient and reliable vehicles. Visiting the Budget car rental West Weatherford Street location will allow you to browse through an impressive selection of vehicles, and additional trip enhancements including GPS navigation, e-Toll, extended roadside assistance and child safety seats to make traveling a breeze.
 Outside of West Weatherford Street in Fort Worth, you will have a variety of attractions to enjoy with your family, all within driving distance. For an unforgettable experience, take your kids to the local zoo. You can see all of your favorite animals and attractions while enjoying a few shopping opportunities along the way. If you want to enjoy an even more entertaining stay, be sure to check out the Hawaiian Falls Adventure Park for an incredible time. Need a ride to Budget West Weatherford Street? Take advantage of their complimentary pick-up service. When you need to find the most affordable Fort Worth car rentals in the city, book your rental with Budget for an unbeatable deal. As soon as you see their vehicle selection at West Weatherford Street, you are sure to find the right car to suit your family adventure.
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Additional Location Information

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