Avis Budget Group has signed a new multi-year agreement designating it as the exclusive car rental provider for AARP members.

Under the new agreement, Avis Budget will continue to provide AARP members with discounted rates and special offers on vehicle rentals with Avis Car Rental, Budget Car Rental, Budget Truck Rental, and Payless Car Rental.

In addition, AARP members can also continue to save on annual membership fees with Zipcar.

"With a membership base of nearly 38 million, AARP continues to be a trusted source for news, information, and money-saving offers for those 50 and over," said Beth Kinerk, senior vice president of sales, Avis Budget Group. "We're thrilled to provide AARP members with convenient and affordable transportation so that they can achieve their travel goals and objectives."

Avis Budget Group provides customers with a variety of vehicles, including BMW, Ford, General Motors, Hyundai, Nissan, and Toyota.

"For more than three years, AARP members have saved money through a variety of exclusive discounts and benefits from Avis Budget Group's family of brands," said Angela Jones, senior vice president, business development & lifestyle of AARP Services Inc. "Because our members consistently identify travel as a top aspiration, we are pleased to renew this relationship so that they may continue to save money and enjoy additional benefits as they fulfill their travel aspirations."