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Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. [2] Budget is a subsidiary of the Avis Budget Group , with its operations headquartered in Parsippany , New Jersey.
An early competitor to Saunders was Walter L. Jacobs, whose Chicago-based Rent-a-Car opened in 1918 with twelve Ford Model T's. [4] The company was bought in 1923 by John Hertz. In Britain, car rental started with Godfrey Davis, established in 1920, and bought by Europcar in 1981. [5]
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A vehicle for hire is a vehicle providing private transport or shared transport for a fee, in which passengers are generally free to choose their points or approximate points of origin and destination, unlike public transport, and which they do not drive themselves, as in car rental and carsharing. They may be offered via a ridesharing company.
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