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
Sioux Falls Regional Airport
Additional Travel Information
A gem of the Great Plains, Sioux Falls, South Dakota is home to more than 70 parks throughout the city—that’s a lot of space for walking, so you’ll want a quality rental car on hand for the rest of your trip. After landing at Sioux Falls Regional Airport (FSD), visit the Budget Car Rental counter located in the airport terminal for excellent FSD car rental deals on a wide variety of Sioux Falls airport car rentals. Budget’s fleet of airport car rentals includes everything from SUVs and luxury sedans to eco-friendly hybrids and compact cars, so you’re sure to find just the right vehicle for your trip.
View the magnificent cascades at Falls Park from a 5-story observation tower, and explore the ruins of the 19th century Queen Bee Mill, added to the National Register of Historic Places in 1984. To learn about the history of the Great Plains and the Sioux Falls region, take a drive out to the Center for Western Studies, home to an extensive art collection. The Wild Water West Waterpark is a great place to bring the kids for a day of family fun. Waterslides, a gigantic wave pool, and a miniature golf course are just a few of the features that make Wild Water West a favorite for locals and tourists alike.
Budget’s Sioux Falls Regional Airport car rentals are the best deals going for quality wheels. And don’t forget to sign up for the Fastbreak program.
Additional Location Information
Select from a wide variety of vehicles at Budget Sioux Falls Regional Airport, check out the latest Sioux Falls Regional Airport Car Rental Deals, and be confident that you are getting the best rental rates in South Dakota !
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