Rate Budget Car Rental

angry
crying
sleeping
smily
cool

=Like =Love =Favorite!

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:

Location

Brown Hyundai of Laredo

Additional Travel Information

Family travelers to Laredo will enjoy the freedom and convenience that comes with a quality car rental. With a reliable vehicle, you’ll find it much easier to see the city’s sights at your own pace. Budget Brown Hyundai provides all clients with a wide selection of the latest rental models. Our vehicles are fuel-efficient and built for comfort, with many featuring a variety of supplementary additions such as e-Toll, navigational systems, remote keyless entry, CD players, climate control, dual airbags and more. From Brown Hyundai, one of the more popular family destinations is the Imaginarium of South Texas. Kids will love the variety of exciting and informative activities hosted by this children’s museum. If you are interested in checking out the local shopping, be sure to stop by the Mall del Norte to experience some of the city’s local flavor. You will not want to miss the Laredo’s Energy Arena either, whose major featured events include hockey games, basketball games and live concerts.No matter what kind of vehicle you might be looking for, there is something for everyone at our Budget car rental Brown Hyundai location. When you want to travel Laredo’s streets in comfort and style, call Budget today and see how we can provide you with a great Laredo rental car deal.

Additional Location Information

Select from a wide variety of vehicles at Budget Brown Hyundai of Laredo, check out the latest Brown Hyundai of Laredo Car Rental Deals, and be confident that you are getting the best rental rates in Texas !
Book a Car Rental at Brown Hyundai of Laredo in 60 seconds!

Show All Hours
  • Monday
  • Tuesday
  • Wednesday
  • Thursday
  • Friday
  • Saturday
  • Sunday


building Own or work here? Claim Now! Claim Now!

Claim This Listing

By checking this box and submitting, you are agreeing to be bound by our Terms of Use, which is linked to from the bottom of this page.

Additional Details