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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
South San Francisco
Additional Travel Information
While you are on a family vacation in South San Francisco, the Budget Rent a Car Harbor Way can help you get to where you want to go. In fact, Budget Harbor Way has numerous vehicles for you to choose from to accommodate every member of your family comfortably. Whether it’s a sedan or a minivan, you’ll have enough room to stretch out and enjoy the ride through the San Francisco Bay area. Because our Harbor Way location is just minutes from attractions like San Bruno State Park, you’ll have plenty to see and do within easy driving distance. San Francisco covers a large area, making it difficult to see all the sights if you’re traveling by bus and have limited time. With Budget Car Rental Harbor Way, you can avoid planning your trip around the bus schedule and rent your own car to travel as you please. To make your decision even easier, your family can take advantage of Budget’s South San Francisco Pay Now rates, which could save you up to 35 percent on your vehicle when you book online. Our Budget car rental Harbor Way location also offers e-Toll, protective plans, roadside assistance and other services to give you peace of mind and make your trip more enjoyable. With Budget’s South San Francisco car rentals, you can travel over the Golden Gate Bridge or drive to the Aquarium of the Bay in style and comfort. Book your rental car at the Harbor Way South San Francisco location, or rent your vehicle online before your visit to the city. Having your own Budget rental car not only saves you and your family time and money but also gives you the freedom to enjoy San Francisco at your leisure. 

Additional Location Information
Select from a wide variety of vehicles at Budget South San Francisco, check out the latest South San Francisco Car Rental Deals, and be confident that you are getting the best rental rates in California !
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