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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
Rhinelander-Oneida County Apo
Additional Travel Information
Rhinelander is a small community of about 8,000 residents and an important hub for the Wisconsin Northwoods. Getting around here comfortably requires a quality rental car, and Budget Car Rental is where savvy travelers go for airport car rentals.
Our counter at Rhinelander-Oneida County Airport (RHI) is located on-site and is open to meet all flights arriving daily, including on the weekends, so you’ll have the keys to your RHI car rental and be on your way in one of our Rhinelander-Oneida County Airport rental cars before you know it. And don’t forget to sign up for the Fastbreak program.
John Heisman (of Heisman Trophy fame) is buried in the local cemetery as his wife was from Rhinelander, but he’s not the most famous personality associated with the city—that title belongs to the Hodag, a folkloric animal symbolic of the region. Rhinelander is full of statues and inflatable replicas of this mythical creature mentioned in several Paul Bunyan stories.
Tommy O’s Playhouse features live music and musicals. The Kovac Planetarium is also a big hit. Don’t be fooled—it looks like an oversized toolshed, but inside it truly is a place “Where the Universe Revolves Around You.”
Wherever you plan on going, our Rhinelander airport car rentals will get you there safely. Choose Budget for an excellent deals and positive car rental experience every time.
Additional Location Information
Select from a wide variety of vehicles at Budget Rhinelander-Oneida County Apo, check out the latest Rhinelander-Oneida County Apo Car Rental Deals, and be confident that you are getting the best rental rates in Wisconsin !
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