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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
Dayton Intl Airport
Additional Travel Information
Dayton, Ohio, home to the Wright brothers and known as the “birthplace of aviation,” is situated near where I-75 north/south meets I-70 east/west, one of the most traveled intersections in the United States. You’ll need a rental car to travel it too, and for reliable airport car rentals at a great price, savvy travelers trust Budget. If you’re arriving at the Dayton International Airport (DAY) you’ll find the Budget Car Rental counter located on-site in the baggage claim area of the Terminal Building. We’re sure that you’ll appreciate the wide range of Dayton International Airport rental cars we offer. Select the DAY car rental that matches your criteria and head into Dayton/Montgomery County for an inexpensive vacation.
Drive to the National Museum of the United States Air force, the oldest and biggest military and aeronautics museum on planet earth, located at Wright-Patterson Air Force Base only six miles northeast of Dayton. Admission is free and the facility has an extensive collection of more than three hundred and sixty aircrafts and missiles for viewing. Take your children to see more than one hundred animals at the indoor zoo in the Boonshoft Museum of Discovery, where youngsters can learn about science through a number of educational exhibits. The Oregon District in southeast downtown Dayton is a great place to take a date—one of the coffee shops, nightclubs, or art galleries in this historic commercial and residential area is sure to impress.
When vacationing in the Miami Valley region of Ohio, save more on Dayton airport car rentals by booking with Budget. And don’t forget to sign up for the Fastbreak program.
Additional Location Information
Select from a wide variety of vehicles at Budget Dayton Intl Airport, check out the latest Dayton Intl Airport Car Rental Deals, and be confident that you are getting the best rental rates in Ohio !
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