Is Apex Car Rentals publicly traded?

No. Its parent, Avis Budget Group, trades on the NASDAQ under the ticker CAR.

When was Apex founded?

Apex began operating in the early 1990s in New Zealand and has been in business for more than 25 years.

Is Apex related to Avis or Budget?

All three share Avis Budget Group as the parent. Apex is the group's deep-value, off-airport brand for New Zealand and Australia, priced below the Avis and Budget airport brands.

Where does Apex operate?

Approximately 30 rental locations across New Zealand and Australia, concentrated around off-airport tourist gateways and city centers.

Who Owns Apex Car Rentals?

Q: Who owns Apex Car Rentals?

Apex operates under Avis Budget Group, Inc. (NASDAQ: CAR), which lists it among the company's owned brands in its official portfolio.

Who Owns Apex Car Rentals?

Parent Company: Avis Budget Group, Inc.
Ownership Type: Subsidiary
Company Type: Publicly Traded
Stock Ticker: NASDAQ: CAR

Brand	Parent Company	Ownership Type
Apex Car Rentals	Avis Budget Group, Inc.	Subsidiary

History of Apex Car Rentals

Founded: 1992
Founders: Apex Car Rentals founding team

Apex Car Rentals began operating in the early 1990s in New Zealand, building a business around the gap left by the premium airport brands: leisure travelers and locals who would accept a slightly older car in exchange for a meaningfully lower rate.

The model expanded to roughly 30 locations across New Zealand and Australia, concentrated in tourist gateways and city centers rather than terminal concessions. Off-airport positioning kept operating costs down and let Apex price consistently below the airport majors while still offering one-way hires between branches.

Avis Budget Group brought the brand into its portfolio as its Australasian value entry, mirroring what Payless does for the group in the Americas. Apex has now operated for more than 25 years and remains Avis Budget's dedicated deep-value banner in the region, distinct from the full-service Avis and Budget counters at the airports.

About Avis Budget Group, Inc.

What brands does Avis Budget own?
Avis, Budget, Budget Truck, Zipcar, and Payless, operating across about 180 countries.

Is Avis Budget publicly traded?
Yes. It trades on NASDAQ under ticker CAR and has been independent since the 2006 Cendant spin-off.

Does Avis own Zipcar?
Yes. Avis Budget Group acquired Zipcar in 2013 for approximately $500 million.

Who is the CEO of Avis Budget?
Joe Ferraro, a longtime company executive, has been CEO since June 2025.

Where is Avis Budget headquartered?
Parsippany, New Jersey, USA.

Founded: 2006
Headquarters: Parsippany, New Jersey, USA
Company Type: Publicly Traded
Stock: NASDAQ: CAR
Revenue: Approximately $11.8 billion (FY2024)
Employees: Approximately 20,500

Visit Avis Budget Group, Inc. website

View full company profile for Avis Budget Group, Inc.

Where Is Apex Car Rentals Made / Based?

Headquarters: Auckland, Auckland Region, New Zealand

Apex Car Rentals Categories & Tags

Car Rental New Zealand Australia Budget Travel Off Airport

Brands Owned by Avis Budget Group, Inc.

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Avis

Owned by Avis Budget Group, Inc.

Premium car rental brand of Avis Budget Group, the NASDAQ-listed company behind Avis, Budget, and Zipcar, operating worldwide since 1946.

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Owned by Avis Budget Group, Inc.

Avis Budget Group's consumer and light commercial truck rental brand, formed in 1998 from the Ryder TRS acquisition and operating more than 1,600 US locations.

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Budget

Owned by Avis Budget Group, Inc.

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Payless Car Rental

Owned by Avis Budget Group, Inc.

Avis Budget Group's deep-value car rental brand, founded in Spokane in 1971 and acquired in 2013, operating about 120 locations across the Americas and Europe.

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Travel Hospitality

Zipcar

Owned by Avis Budget Group, Inc.

Car-sharing brand owned by Avis Budget Group since 2013, offering hourly self-serve vehicle access in cities and on university campuses.

car-sharingmobilityurban-transport

View all brands owned by Avis Budget Group, Inc.

Apex Car Rentals Ownership: Pros & Cons

Advantages

+Deep-value positioning without airport concession costs
+Access to Avis Budget's fleet lifecycle and remarketing
+25-plus-year regional brand recognition
+Complements premium Avis and Budget airport counters
+Strong fit with long-duration tourist rentals

Considerations

-Older fleet generates more wear and mixed reviews
-Off-airport shuttles add friction for arriving customers
-Seasonal tourism demand creates utilization swings
-Regional footprint limits scale versus the majors

Frequently Asked Questions About Apex Car Rentals

Sources & Further Reading

Apex Car Rentals
Avis Budget Group About Us
Avis Budget Group Investor Relations
Avis Budget Group 10-K (SEC EDGAR)
Avis Budget Group Company Page — /companies/avis-budget-group

Competitors to Apex Car Rentals

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

Brand	Parent Company	Country	Founded	Market Position	Primary Market	Gender Target
Payless Car RentalSister Brand	Avis Budget Group	USA	1971	Mass market	Global	All Genders

Learn More About Competitors

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Payless Car Rental

Owned by Avis Budget Group, Inc.

Avis Budget Group's deep-value car rental brand, founded in Spokane in 1971 and acquired in 2013, operating about 120 locations across the Americas and Europe.

car-rentalbudget-travelfranchise

Competitive Analysis

Market Positioning: Apex Car Rentals competes with 1 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

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Aquaventure Waterpark is privately owned, unlike Apex Car Rentals which is under a publicly traded parent company.

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Avis Budget Group, Inc. Stock Information

Jobs at Avis Budget Group, Inc.

Latest News About Apex Car Rentals

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Who Owns Apex Car Rentals?

History of Apex Car Rentals

About Avis Budget Group, Inc.

Where Is Apex Car Rentals Made / Based?

Apex Car Rentals Categories & Tags

Brands Owned by Avis Budget Group, Inc.