Budget Car Rental is one of the world's best-known car rental brands. Budget is owned by Avis Budget Group, Inc., which operates and licenses the brand throughout the world. Budget Car Rental was founded in 1958 as a car rental company for the "budget-minded" renter. Today, as an industry leader, Budget continues to appeal to value-driven renters by offering quality vehicles and a rewarding rental experience at more than 3,000 locations in more than 120 countries.