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
Sears Auto Center-Tucson Mall
Additional Travel Information
Budget car rental at Tucson Mall can help make your family trip to Arizona more convenient and affordable. You can choose from many different makes and models, including compacts, sedans, coupes and SUVs. We also offer luxury models such as the Lincoln MKS if you’re looking for extra room and comfort. Most Budget rental cars come with features such as front wheel drive, air conditioning, cruise control and AM/FM stereo with CD player. You can reserve your vehicle online and pick it up at the Tucson Mall in Tucson at the Sears Auto Center at 4570 N. Oracle Road. Tucson car rentals will give you and your family the freedom to see more of this fascinating southwestern city. If you want to check out some of the region’s unique natural beauty, you can visit Sabino Canyon, which has many places to hike and swim. Another fun and educational place to bring the family is the Pima Air & Space Museum, where you can see all kinds of historic and modern aircraft up close. If you’re in the mood for a concert or play, there’s always something interesting happening at local theaters such as The Gaslight Theatre and the Rogue Theatre. Simply pick up your car at our Budget location at Tucson Mall and you will have the freedom to explore the area to your heart’s content. When you take your next family excursion to Arizona, make sure you find a Tucson rental car deal at Budget in the Tucson Mall. Car rentals from Budget will help make your trip comfortable and economical.
Additional Location Information
Select from a wide variety of vehicles at Budget Sears Auto Center-Tucson Mall, check out the latest Sears Auto Center-Tucson Mall Car Rental Deals, and be confident that you are getting the best rental rates in Arizona !
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