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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.
About this location:
Location
Eagle County Regional Airport
Additional Travel Information
When it comes to great skiing in Colorado, you can’t do much better than a trip to Vail. But to get to the slopes, you’ll need a reliable rental car; and for great deals on quality airport car rentals, be sure to choose Budget.
Check out our diverse selection of rental vehicles, and pick the perfect set of wheels for your trip, be it a rugged 4×4 to get you to the mountain through the Colorado snow, or a cozy compact if you don’t plan on venturing far beyond your nice, warm ski lodge. And with the everyday low prices at Budget Car Rental, you’ll have more cash in your parka to spend in other ways.
Visitors looking to get to the third-largest ski mountain in North America first fly into Eagle County Regional Airport (EGE) in Gypsum, a mere 30 miles west of Vail. Our rental counter is located right inside the terminal. Once you have your keys, you’ll find all of our Eagle County Regional Airport rental cars conveniently parked just outside the airport, so there’s no need to wait for a shuttle bus. Just locate your EGE car rental, load up your gear and head east to Vail Ski Resort.
If skiing isn’t your thing, Vail airport car rentals from Budget are the perfect way for you to explore the city while everyone else plays in the snow. In the heart of downtown you’ll find quaint little restaurants, cafes and excellent small-town shops. Pick up some souvenirs, or just grab a mug of hot cocoa, take a seat by the window and watch the world go by at a nice leisurely pace.
Whatever you choose to do in Vail, we promise it’ll be relaxing—and even more so when you sign up for the Fastbreak program.
Additional Location Information
Select from a wide variety of vehicles at Budget Eagle County Regional Airport, check out the latest Eagle County Regional Airport Car Rental Deals, and be confident that you are getting the best rental rates in Colorado !
Book a Car Rental at Eagle County Regional Airport in 60 seconds!
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