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The company was founded in 1946 with three cars at Willow Run Airport, [10] Ypsilanti, Michigan, by Warren Avis (August 4, 1915 – April 24, 2007). [8] It established branch operations across the United States over the next few years, becoming the second largest car rental company in the country by 1953.
In 2011, Avis Budget Group acquired Avis Europe, an independently owned company licensee, globally reuniting the Avis and Budget brands. [10] On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. [11] On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash. [12] [13]
Payless also offers rates through travel portals such as Orbitz, Priceline.com, Travelocity and Rentcars.com. As of 2008, Payless provides car rental services in over 80 locations in 20 countries operating over 10,000 vehicles. [5] In July 2013, Avis Budget Group acquired Payless for reported cost of 50 million dollars. [6]
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The car classification code has been created to allow car rental companies to communicate the characteristics of a car using a standardised system, in order to prevent misleading information when booking a rental car. [4] The code describes the category, body style, transmission, driven wheels (FWD, RWD or AWD), fuel type (or electric/hybrid ...
On average, most car rental companies will only to rent to drivers who are at least 20 or 21 depending on the company. The companies Hertz, Dollar Car Rental, and Thrifty have a minimum age of 20. Alamo, Enterprise, Avis, and all other reputable companies have a minimum age of 21. Certain luxury vehicles may be restricted to those 30+.
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