Budget is a car rental company that operates a network of rental locations around the world. The company was founded in 1958 and is headquartered in Parsippany, New Jersey. Budget is known for its low-cost rental car options and its wide range of vehicles, including economy cars, SUVs, and trucks. The company operates a loyalty program called "Fastbreak" that allows customers to expedite the rental process by completing their rental paperwork in advance. Budget is a subsidiary of Avis Budget Group, a global car rental company that also operates the Avis and Zipcar brands. Budget has a strong presence in the car rental industry and is known for its competitive rates and convenient rental locations.