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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:

Location

Roanoke Regional Airport

Additional Travel Information

The great selection and friendly staff at the Budget Car Rental serving Roanoke-Blacksburg Regional Airport (ROA) will have you on your way in a ROA car rental almost as soon as you land, and we’re open until 11:30 pm every day but Saturday. Our fleet of Roanoke-Blacksburg Regional Airport rental cars has something for whatever you’ve come here to do. There are minivans for family vacations, compacts and midsize airport car rentals for business travelers and convertibles for summer excursions.

This city of 100,000 residents was originally called Big Lick for an outcropping of salt that formed at a bend in the Roanoke river, which drew many animals to the area. Today, Roanoke is an important cultural and commercial center in western Virginia.

You can see the Mill Mountain Star from almost anywhere in Roanoke. The 88-foot neon star is an iconic symbol of the city. It’s easily accessible by car, and if you time your visit for around dusk, you get an excellent view of the city of Roanoke and Roanoke Valley with the Blue Ridge mountains in the background.

For a city its size, Roanoke offers plenty of museums. The O. Winston Link Museum is dedicated to the photography of its namesake, considered a master of railroad images. You can purchase a combined ticket for this and the Virginia Transportation Museum, a big hit with the kids.

Whatever you wind up doing here, choose a vehicle from Budget’s Roanoke airport car rentals and for reliability, quality and the very best customer service. Don’t forget to sign up for the Fastbreak program.

Additional Location Information

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

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