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.
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:
Tri-Cities Airport
The Budget Car Rental at Tri-Cities Airport (PSC) is located on airport property and is open until 11:30 pm every day except Saturday, Browse through our selection of Tri-Cities airport rental cars, choose the PSC car rental that’s right for you, and be on your way almost as soon as you land. With a fleet of airport car rentals that includes everything from SUVs and luxury sedans to hybrids and compact cars, Budget has something for every kind of traveler and every kind of trip.
The Tri-Cities are built at the meeting point of the Columbian, Snake and Yakima rivers. There is an extensive network of paved hiking and cycling trails through the cities and along the rivers. Park your Budget rental car in any of these areas and enjoy some fresh air with the whole family.
History buffs will recognize the Tri-Cities for the Hanford site. About half the size of Rhode Island, Hanford is where plutonium was produced and separated for its eventual use in nuclear weapons. Public tours of the B Reactor—added to the National Register of Historic Places in 1992—are offered on specific dates in the spring, summer and fall of every year.
Enjoy the Tri-Cities in one of our Pasco airport car rentals and see why Budget is the preferred choice of frequent travelers. Don’t forget to sign up for the Fastbreak program.
Select from a wide variety of vehicles at Budget Tri-Cities Airport, check out the latest Tri-Cities Airport Car Rental Deals, and be confident that you are getting the best rental rates in Washington !
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