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
White Marsh Mall-Sears Auto
Additional Travel Information
If you’re wondering about the best approach for your upcoming visit to Baltimore, start at Budget car rental at White Marsh Mal. In addition to offering a massive selection of economy rental cars, like small and medium passenger vehicles, our location near the city makes for great quick trips to spots like the Inner Harbor and Camden Yards. When traveling with lots of people, try one of our high-occupancy rental cars to ensure everyone has ample space to stretch out without bumping into their luggage. Make romantic trips down the Chesapeake coast more memorable by reserving one of our high-end Corvettes, BMWs or other luxury models. With so many Baltimore car rentals to choose from at White Marsh Mal, you can readily find something fit for any vacation plan. White Marsh Mal in Baltimore is also a great place to get some shopping done before hitting the road. The Budget Rent a Car White Marsh Mal lot is less than half a mile from Interstate 95, and if you happen to be in a rush, our staff can help you get moving in the express lanes by including our e-Tolls feature in your Baltimore rental car deal package. Of course, many of our customers opt to take things slower by simply including a GPS in their rental and exploring the region at their own pace. Whether your whimsy takes you to Atlantic City, Philly, Rehoboth Beach or Andrews Air Force Base for a Blue Angels show, the car rentals in our lot are perfect for following impromptu flights of fancy, so book soon.
Additional Location Information
Select from a wide variety of vehicles at Budget White Marsh Mall-Sears Auto, check out the latest White Marsh Mall-Sears Auto Car Rental Deals, and be confident that you are getting the best rental rates in Maryland !
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