Payless Car Rental is a subsidiary of Avis Budget Group, Inc. The company was founded in 1971 in Spokane Washington. Currently, Payless Car Rental operates approximately 120 corporately-owned and franchise rental locations in the United States, Canada, Europe and South America for casual and business travelers on a budget.
The brand's claim to fame is offering consumers the same vehicles for less cost than their major competitors. The company has been in operation for over twenty-five years. Their headquarters is currently in Los Angeles, California.
Thrifty is one of the largest car rental brands in the world that serves both cost-conscious business and leisure travelers. Thrifty's parent company, Dollar Thrifty Automotive Group, was acquired by Hertz Global Holdings, Inc. in 2012, currently operating in more than 1,000 locations in 77 countries.
Robert Sorenson founded Ace Rent A Car in 1966. Sorenson initially owned two Indianapolis car washes. There he branched into his first car rental business, Airways Rent A Car, where he rented out cars to meet the needs of the surrounding neighborhoods. Over time, Airways Rent A Car expanded to multiple locations throughout Indiana and the Chicago area. Sorenson ultimately formed the Ace Rent A Car chain after breaking away from Airways and its affiliations. Today, Ace car rental is headquartered in Indianapolis with over 350 affiliated locations worldwide.
SilverCar was founded in 2012 by Luke Schneider. The concept was born out of the idea that if renters all received the same make and model car there would be no disappointment. This aimed to resolve the issue of customers not receiving the car they originally wanted when making a reservation. Today, SilverCar has almost 100 employees in several locations. The company is owned by Austin Ventures, a company known for investing with smart, tech-savvy, new business ventures.
E-Z Rent A Car was started in 1994 with a fleet of nine vehicles at the Orlando International Airport. Today, the company has grown into a national and international brand name.
Economy Rent a Car has been in business for over 25 years and has expanded to over 100 locations in 32 countries around the world. Today, the company is headquartered in Costa Rica and is the Costa Rica's largest car rental provider.