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Budget Rent A Car

Budget Adds '14-MY Vehicles to Rental Fleet

Budget Rent A Car has been adding fuel-efficient 2014 model-year vehicles to its rental fleet that are now available to its rental customers in the U.S., according to the company.

The Cost of Operating a Fleet Will Increase

It will become more expensive to operate a fleet in the coming years. Vehicle acquisition costs will increase. Fuel prices, in all likelihood, will trend upward and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules. In addition, vehicle-related taxes will increase. Let's examine the dynamics that will force fleet expenses to escalate.

Fleets are Facing an Era of Higher Taxation

In 2009, of every $100 spent on fleet, $5 was consumed by taxes. This compares to $4.10 in 2006 and $3 in 1983. The recession has caused sales and property tax revenues to plummet creating widespread shortfalls in government budget funding. States and other governmental jurisdictions are scrambling to find new ways to generate new tax revenues. Again, commercial fleets are in their cross-hairs.

An Interview With Budget's Morris Belzberg

A 26-year veteran of the daily rental business, Morris Belzberg speaks out on CDW, off-airport access fees, buy backs, and other industry issues. Also discussed is Budget's transition from a franchising to operating company.

The L.A Olympics and Daily Rental Operations

Although he laughs, Jeff Mirkin is dead earnest when he says, "It's going to be busy out there." And in referring to the upcoming Los Angeles Olympic Games, the Executive Vice President of Budget Rent A Car is echoing the sentiments of all the major car rental companies in the Los Angeles area