Avis Budget Group

Avis

One of the oldest airport brands — founded in 1946 — now part of Avis Budget Group with Budget, Payless, and Zipcar.

Snapshot

Avis Budget Group (NASDAQ: CAR), headquartered in Parsippany, N.J., says it and its licensees operate Avis, Budget, Zipcar, and other brands in about 180 countries from about 10,000 rental locations. CEO: Brian Choi.¹

The company’s brand page traces Avis to 1946 and “three cars and an inspired idea” to launch car rental at an airport.²

Q3 2026 parent results: revenue of $3.436 billion, net income of $199 million, Adjusted EBITDA of $513 million, company RPD of $71.54 excluding FX, utilization of 74.0% (Americas 74.1%, a 20-year third-quarter high), per-unit fleet costs of $316 per month excluding FX (up 4%), and an average rental fleet of 706,717 (down 5%). Americas fleet: 510,817 (down 6%). Liquidity: $866 million, plus $2.5 billion of fleet funding capacity.¹

How used cars are sold

Avis remarkets through Avis Car Sales / Budget Car Sales (aviscarsales.com) as well as dealer-direct and auction channels. The company’s public site markets certified ex-rental vehicles; treat current warranties and return policies as whatever the live page says on the day you check.

Sister brands: Budget · Payless · Zipcar

What this means at the counterPreferred/Avis-loyal customers expect a faster desk and a better car class. Parent utilization is running at record Q3 levels with a smaller fleet, so upgrades and extras inventory will feel tight. Elevated recalls have also been mentioned on recent earnings calls — watch VIN holds.

Avis

Snapshot

How used cars are sold

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