Payless Car Rental was founded in 1971 in Spokane Washington. Today, Payless Car Rental operates approximately 120 rental locations in the United States, Canada, Europe and South America, including many in major airports. Payless Car Rental serves price-conscious leisure and business travelers and operates with a hybrid model of corporately operated locations along with locations operated by franchisees. Payless Car Rental is a subsidiary of Avis Budget Group, Inc. (NASDAQ: CAR), a leading global provider of vehicle rental services.