Rate Budget Car Rental
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
Hilton San Jose-Downtown
Additional Travel Information
When you’re searching for a Budget car rental at Hilton Hotel, you can choose a vehicle that features an extra storage space, a GPS and a rear camera. Budget Hilton Hotel provides numerous types of automobiles that have more than six seats, and stylish convertibles and SUVs that handle exceptionally well in all weather conditions. Once you’ve chosen a San Jose rental car deal, you can sign up for e-Toll, which allows you to breeze from highway to highway without keeping toll change on hand.By renting an automobile in our office at the Hilton Hotel San Jose, your family will be able to explore the Alum Rock Park, Santa Clara Valley and the Portuguese Historical Museum. Guests frequently check out Kelley Park, and this popular reserve contains a zoo and several historical sites. You may visit the Tech Museum of Industry, which organizes a wide range of educational programs for children of all ages. If you enjoy shopping, you can drive your California rental car to Santana Row. This outdoor mall has an abundance of gourmet restaurants and several popular coffee shops, and the shopping center hosts a large number of concerts every year. Many travelers also drive their rental cars to the Del Valle Regional Park, which contains sizable campsites, especially long trails, pristine rivers and numerous mountains.Before booking car rentals in San Jose, sign up for Fastbreak. At participating Fastbreak locations, you can save your rental preferences and signature ahead of time so you can flash your license, grab your keys and go. Thankfully, Budget Rent a Car Hilton Hotel is a participating location so you can start your vacation hassle free.
Additional Location Information
Select from a wide variety of vehicles at Budget Hilton San Jose-Downtown, check out the latest Hilton San Jose-Downtown Car Rental Deals, and be confident that you are getting the best rental rates in California !
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