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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
Sears Auto-Marketplace Mall
Additional Travel Information
Planning a family trip to Rochester, New York, can always be a great bonding experience. However, if you do not have ready transportation, you may find your relaxation options limited. Contacting the Budget professionals will help you find rental vehicles of all types equipped with high-quality features to make your drive even more enjoyable. Budget car rental Marketplace Mall provides all family travelers with a selection of efficient and affordable vehicles. If you are not able to visit the group at Marketplace Mall Rochester, call the location to arrange complimentary pick-up. With a vehicle from Budget Marketplace Mall, you can set your sights on any number of local attractions. Kids love the local Seabreeze Amusement Park, so be sure to check it out during your stay for some quality fun for the whole family. The National Museum of Play can also be an exciting stop for the trip, especially during one of the museum’s special events. For an unrivaled shopping experience, you can wait to take the rental car out and explore what the Marketplace Mall has to offer. Budget is the premier group to contact for all of your Rochester car rentals needs. The company sets itself apart from its competition by providing all clients with extremely reliable and affordable car rentals. Call them today and ask about what Rochester rental car deal they can offer. The highly courteous professionals at Budget will be more than happy to match you with rental cars that will suit your trip. You can also book online at Budget.com and save up to 35 percent on your rental. 

Additional Location Information
Select from a wide variety of vehicles at Budget Sears Auto-Marketplace Mall, check out the latest Sears Auto-Marketplace Mall Car Rental Deals, and be confident that you are getting the best rental rates in New York !
Book a Car Rental at Sears Auto-Marketplace Mall in 60 seconds!
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