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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.

… more

About this location:


Greenville-Spartanburg Airport

Additional travel Information

Visitors to Greenville will be pleasantly surprised by the cosmopolitan nature of the city. It’s grown rapidly over the past decade to become major city in the southeast United States, but has still retained its South Carolina charm, proudly displayed at the Budget Car Rental at Greer–Spartanburg International Airport (GSP).

Our fleet of Greenville airport car rentals features any kind of vehicle you might want for your stay here. Traveling with family? We have minivans. Camping in Sumter National Forest? We have SUVs. Taking a summer tour of the south? Our convertible airport car rentals would make it so much better. Either way, sign up for the Fastbreak program.

From the airport in Greer, it’s 20 minutes southwest to Greenville and 30 minutes northeast to Spartanburg in your GSP car rental. Both are known for their lush green spaces, and both boast some of the most beautiful parks in America. Falls Park on the Reedy in Greenville features a gorgeous 355-foot walking bridge and one of the city’s best views. Over in Spartanburg, a warm afternoon doesn’t get much better than with a stroll through stroll through Hatcher Garden. A photographer’s dream, these 10 acres are home to some of the most beautiful manicured greenery in the state.

Whether you’re Greenville- or Spartanburg-bound, or you’re staying put in Greer, Greenville-Spartanburg International Airport car rentals from Budget are your best bet for enjoying your stay. Great deals on rental vehicles and outstanding customer service make Budget the choice for savvy travelers.

Additional Location Information

Select from a wide variety of vehicles at Budget Greenville-Spartanburg Airport, check out the latest Greenville-Spartanburg Airport Car Rental Deals, and be confident that you are getting the best rental rates in South Carolina !
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