![]() ![]() Over the years, Budget underwent several ownership changes. The company's headquarters moved to Chicago, Illinois in 1960, and the rental fleet expanded through a mix of franchised and wholly owned outlets. In 1959, Julius Lederer joined the company, contributing significantly to its growth and international expansion. Starting with a humble fleet of 10 cars, Budget lived up to its name by offering competitive daily and per-mile rental rates. Today, Budget operates as a subsidiary of the Avis Budget Group, with its main operations based in Parsippany-Troy Hills, New Jersey. ![]() Founded by Morris Mirkin, Budget has since grown into a global brand, known for its affordable and reliable car rental services. Discover more about the Car Rental Company Budget in Atlantic city airportīudget Rent a Car, a renowned American car rental company, was established in 1958 in Los Angeles, California.
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