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They are the same company. Budget bought Avis. Avis is a bit more up scale but not by much. Enterprise owns Alamo and National but they kept the brands separate because they each focus on a different business model. Enterprise is all about insurance replacement and standard home city rentals.What are the differences between budget and Avis?
Budget and Avis are both owned by the same parent company, namely, Avis Budget Group Inc. Their fundamental difference lies in terms of the customer segments that they cater to respectively. Avis primarily targets the premium and leisure segments while Budget is better suited for customers on a relatively tight budget.