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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.
About this location:
Location
Pullman-Moscow Regional Airprt
Additional Travel Information
Your journey through a city known for it’s rolling hills will be that much better in one of Budget’s reliable Pullman airport car rentals. The Budget Car Rental serving the Pullman-Moscow Regional Airport (PUW) has a counter in the terminal and we’re open daily, so you’ll be in your PUW car rental and on your way in no time.
Quaint Pullman is spread out over four hills, dividing the city into almost equal quarters, each one representing a neighborhood—College Hill, Pioneer Hill, Military Hill and Sunnyside Hill. College Hill is known as the city’s historic district and is home to the prestigious Washington State University. Thanks to the large student population, Pullman’s vibe is funkier and more liberal than the rest of this conservative agricultural region, so it’s a fun place to visit any time of the year.
Visiting at the end of August? You’ll be just in time for the city’s annual National Lentil Festival, an event that celebrates one of the area’s most popular crops. There’s a lentil cook-off, a street fair, a parade, and of course the Lentil Lane Food Court, where everything from ice cream to egg rolls is required to feature lentils.
When it comes to Pullman-Moscow Regional Airport rental cars, savvy travelers choose Budget. With a reputation for quality, reliability and great deals on airport car rentals, Budget delivers again and again. Don’t forget to sign up for the Fastbreak program.
Additional Location Information
Select from a wide variety of vehicles at Budget Pullman-Moscow Regional Airprt, check out the latest Pullman-Moscow Regional Airprt Car Rental Deals, and be confident that you are getting the best rental rates in Washington !
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