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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
Griffiss International Airport
Additional Travel Information
Griffiss International Airport (UCA) is in the city of Rome, New York, and part of the state’s central Getaway Region. It’s full of activities and attractions for families and couples alike.
Budget’s fleet of Griffiss International Airport rental cars is located at the Griffiss Airfield Business Park right across the street from the airport, so you’ll be able to pick up your vehicle and be on your way in no time.
Getting from place to place in this area is best done by UCA car rental, and Budget Car Rental with its huge fleet of Rome airport car rentals—from compacts and convertibles to luxury sedans and SUVs—has you covered. And don’t forget to sign up for the Fastbreak program.
History buffs can learn about the American Revolution at the Fort Stanwix National Monument and the Oriskany Battlefield, and admire Erie Canal Village’s original 19th-century buildings. Take the whole family to the Fort Rickey Children’s Discovery Zoo or spend the afternoon on the shores of the Delta Lake State Park. Our airport car rentals can be upgraded to include roof or trunk racks, perfect for mounting a bicycle and journeying through the eco trails of the Rome Sand Plains. Ghost hunters and believers in the paranormal can investigate the spooky sites along the Haunted History Trail of New York State, including the Capitol Theater in Rome where a former projectionist’s ghost is said to lurk in the shadows.
Budget’s great deals on quality rental cars will help you make the most of your Oneida County vacation. Drive off feeling great about the money you saved.
Additional Location Information
Select from a wide variety of vehicles at Budget Griffiss International Airport, check out the latest Griffiss International Airport Car Rental Deals, and be confident that you are getting the best rental rates in New York !
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