Enterprise Rent-A-Car was founded in 1957. It is a household name when it comes to rental cars. According to Forbes, they are one of the largest privately held companies in the world. According to Business Weekly magazine, Enterprise has been voted as one of the top places to start a career. A lot of young professionals get their start at one of the Enterprise locations throughout the country. By 2005, JD Power and Associates had recognized Enterprise seven times for its outstanding customer service, indicating that Enterprise really rolls out the red carpet for customers. Enterprise has a car sharing business that lets customers use a car for a short period of time during a day. This differs from its car rental services, as car sharing customers pay an hourly fee to use a car.
Founded in 1918, Hertz is one of the oldest car rental companies in the business. It is also the largest car rental company in the United States. Hertz developed the low-floor passenger bus that is used by many transit authorities in large cities. They even have heavy equipment available for construction and other ventures. Hertz also has a popular car-sharing program. At most major colleges and universities throughout the country, Hertz offers a 24/7 rental with a Hertz car share station.
Budget Rent-a-Car was established in 1958 with a fleet of only ten cars in California. Budget is available in all 50 states and offer some great features such as online check-in, e-toll, and roadside assistance. Budget has a wide variety of cars to choose from. They offer a selection of both economy and luxury cars. Budget also has a low payment feature available to those who pay ahead of time.
Avis was founded by Warren Avis in 1946 at Willow Run Airport in Detroit with an $85,000 investment. Shortly after, Avis opened a location at Miami airport. After years of varying acquisitions and mergers, the car rental company has expanded to Europe, the Middle East, Africa, and Asia. They have also launched an iPhone app.
National Car Rental is a car rental company that serves all frequent airport travelers, but especially business travelers through their Emerald Club member program. The company has locations both nationally and internationally
Sixt Rent A Car started out with three locations and grew into an international company with locations throughout the United States. Currently, they have 220,000 rental vehicles in 105 countries across the globe.
Alamo Rental Car was founded in 1974. They were one of the first companies in the industry to allow unlimited mileage as part of its rental program. In its North American locations, Alamo rents primarily GM, Toyota, Volvo, and other known auto brands. Alamo is the largest renter to international travelers and developed the first online car rental system in 2005. They have set many standards in the industry. In 2007, Enterprise Rent-a-Car purchased Alamo by an exchange of stock and other financial collateral. All three Alamo, National and Enterprise brands are all under the parent company, Enterprise Holdings, Inc.
Costco Travel is not a car rental company; it is a membership service that sells exclusively to Costco members residing in the United States. Costco uses their buying authority to negotiate the best value in the marketplace, passing on the savings to Costco members for vacation packages, cruises, and rental cars.
Advantage is a rental car company that was founded in 1963. They have over 23,000 vehicles, ranging from economy cars to SUVs. One of the issues that this company has struggled with in recent years is fiscal solvency. They filed for bankruptcy and were acquired by Hertz. Hertz divested its holdings in Advantage in 2012 and the company is now centered in Fort Lauderdale, Florida.
Henry Caruso founded Dollar Car Rental in Los Angeles in 1966. In 1990, Chrysler picked it up as a business holding. Today, they have more than 358 rental locations in the United States, renting mostly Chrysler and GM brand vehicles with many different American carmakers represented on the market.