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
Wailea Town Center
Additional Travel Information
Travelers who are visiting Wailea on Maui Island for a family trip should always be sure to secure reliable transportation during their stay. The right rental cars can allow you to enjoy a much more relaxed trip on your own schedule. Budget at Wailea Town Center is dedicated to providing all drivers with the highest quality driving experience available. We feature some of the latest vehicles on our lot, many of which come equipped with e-toll and navigational systems for easier driving.From the Wailea Town Center, you can take your family to many different attractions in the city. With so many gorgeous beaches, such as the Maluaka Beach, one of the most recommended things for you and your family to do is relax by the sea. In addition to the relaxation opportunities, you and your family can always enjoy a more adventurous experience. If you have never gone kayaking or canoeing, be sure to sign up with Clear Kayaks Maui or Hawaiian Sailing Canoe Adventures and explore the local area from a unique vantage point.Visitors who are not able to drive to our Budget car rental Wailea Town Center offices can call us instead. We will dispatch a driver to your location at your earliest convenience, and from there, you can take your pick from an array of impressive vehicles. No matter what type of car you’re looking for, we will be able to help. Visit our Wailea Town Center Wailea Maui Island location and see how we can find the best car rental deal for you.
Additional Location Information
Select from a wide variety of vehicles at Budget Wailea Town Center, check out the latest Wailea Town Center Car Rental Deals, and be confident that you are getting the best rental rates in Hawaii !
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