BUDGET RENT A CAR SYSTEM

Budget Rent A Car System franchises businesses that rent automobiles without drivers to the general public for periods of 180 days or less under the Budget trademarks, using uniform operating methods and participating in a network of interdependent vehicle rental businesses. Franchisees must offer required products and services such as loss damage waivers, optional insurance, child seats, and navigational devices, and participate in the Corporate Rate Program for national accounts. The target market includes business and leisure customers, competing with regional, national, international car rental chains, and local independents, primarily in non-airport locations.