3F9FCBFC-D4C1-48EA-A250-B4A5AE9804E0

Budget Rent-A-Car Corporation is Formed in Los Angeles

Morris Mirkin opens the first Budget Rent-A-Car office at Wilshire and Robertson boulevards in Los Angeles, California, with a $10,000 investment. The company name is chosen to appeal to the “budget-minded” or “value-conscious” renter.