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
New Hyde Park Gulf Station
Additional Travel Information
New Hyde Park is located in Long Island and is just a short distance away from Manhattan. It is one of many unincorporated areas in the Town of North Hempstead, and it also crosses over into the Town of Hempstead. Although the area is fairly small, it is in close proximity to a number of popular family vacation destinations, so you should look into rental cars from Budget Rent a Car Gulf Station to make sure you can get around with ease. Budget Car Rental Gulf Station offers a wide selection of New Hyde Park car rentals, so you’ll be sure to find the vehicle you need at a great price. The location offers very affordable economy and compact coupes and sedans. However, if you’re traveling with your family, you may want to get a New Hyde Park rental car deal on something larger, like a full-size sedan or SUV, and the Budget Gulf Station also offers minivans as well. Gulf Station New Hyde Park is right next to a number of major roadways, including Interstate 495 and Interstate 295, which connect to Staten Island and Manhattan, respectively. If you’d like to see the area before heading off into the rest of New York, you can travel from Gulf Station to the Clinton G. Martin Park to enjoy its pools and tennis court. For the golfers in your family, the public Douglaston Golf Course is just minutes away. Car rentals through Budget Gulf Station are a great and affordable way to get the most out of your family vacation. To help speed up the pickup process, register for Fastbreak today, and you can skip the lines at the counter and go straight to your rental. 

Additional Location Information
Select from a wide variety of vehicles at Budget New Hyde Park Gulf Station, check out the latest New Hyde Park Gulf Station Car Rental Deals, and be confident that you are getting the best rental rates in New York !
Book a Car Rental at New Hyde Park Gulf Station in 60 seconds!
Own or work here?
Nearby Businesses
