<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
---------------
SCHEDULE 13G
(RULE 13D-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(B)(C), AND (D) AND AMENDMENTS THERETO FILED
PURSUANT TO 13D-2(B)
(AMENDMENT NO. 1)
AVIS RENT A CAR, INC.
---------------------
(NAME OF ISSUER)
Common Stock, Par Value $ .01 Per Share
---------------------------------------
(TITLE OF CLASS OF SECURITIES)
053790 10 1
-----------
(CUSIP NUMBER)
JANUARY 21, 1999
----------------
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE
IS FILED:
[ ] RULE 13D-1(B)
[ ] RULE 13D-(C)
[X] RULE 13D-1(D)
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------- -------------------------------------------------------
CUSIP NO. 053790 10 1 13G PAGE 2 OF 9 PAGES
- ----------------------------------------------- -------------------------------------------------------
<S> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CENDANT CAR HOLDINGS, INC. (22-3584781)
- ------------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- ------------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 6,200,000
REPORTING -----------------------------------------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.53%
- ------------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------- -------------------------------------------------------
CUSIP NO. 053790 10 1 13G PAGE 3 OF 9 PAGES
- ----------------------------------------------- -------------------------------------------------------
<S> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CENDANT CAR RENTAL, INC. (22-2732926)
- ------------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- ------------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 6,200,000
REPORTING -----------------------------------------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.53%
- ------------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------- -------------------------------------------------------
CUSIP NO. 053790 10 1 13G PAGE 4 OF 9 PAGES
- ----------------------------------------------- -------------------------------------------------------
<S> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CENDANT CORPORATION (06-0918165 )
- ------------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- ------------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 6,200,000
REPORTING -----------------------------------------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.53%
- ------------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------- -------------------------------------------------------
CUSIP NO. 053790 10 1 13G PAGE 5 OF 9 PAGES
- ----------------------------------------------- -------------------------------------------------------
<S> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HFS CAR RENTAL HOLDINGS, INC. (22-3475741)
- ------------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (c) [X]
(d) [ ]
- ------------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 6,200,000
REPORTING -----------------------------------------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.53%
- ------------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------- -------------------------------------------------------
CUSIP NO. 053790 10 1 13G PAGE 6 OF 9 PAGES
- ----------------------------------------------- -------------------------------------------------------
<S> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CENDANT FINANCE HOLDING CORPORATION (83-0321974)
- ------------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (e) [X]
(f) [ ]
- ------------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 6,200,000
REPORTING -----------------------------------------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,200,000
- ------------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.53%
- ------------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP No. 053790 10 1 Page 7 of 9 Pages
Item 1(a) - Name of Issuer:
Avis Rent A Car, Inc.
Item 1(b) - Address of Principal Executive Offices:
900 Old Country Road
Garden City, New York 11530
Item 2(a) - Name of Person Filing:
Cendant Corporation
Item 2(b) - Address of Principal Business Office or, if none, Residence:
Cendant Corporation
9 West 57th Street, 37th Floor
New York, NY 10019
Cendant Car Holdings, Inc.
Cendant Finance Holding Corporation
HFS Car Rental Holdings, Inc.
Cendant Car Rental, Inc.
6 Sylvan Way
Parsippany, NJ 07054
Item 2(c) - Place of Organization:
All reporting entities are organized in Delaware
Item 2(d) - Title of Class of Securities:
Common Stock, par value $ .01 per share
Item 2(e) - CUSIP Number:
053790 10 1
Item 3 - Statements Filed Pursuant to Rules 13d-1(b) or 13d-2(b):
Not Applicable
<PAGE>
CUSIP No. 053790 10 1 Page 8 of 9 Pages
Item 4 - Ownership.
(a) Amount Beneficially Owned:
Cendant Car Holdings, Inc. owns 6,200,000 shares of
Common Stock.
Each of Cendant Corporation, Cendant Finance Holding
Corporation, HFS Car Rental Holdings, Inc. and
Cendant Car Rental, Inc. may be deemed to
beneficially own the shares owned by Cendant Car
Holdings, Inc.
(b) Percent of Class
19.53%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
6,200,000 shares of Common Stock
(iii) Sole power to dispose or to direct the
disposition of:
0
(iv) Shared power to dispose or to direct the
disposition of:
6,200,000 shares of common Stock
Item 5 - Ownership of Five Percent or Less of a Class:
Not Applicable
Item 6 - Ownership of More Than Five Percent on Behalf of Another
Person:
Not Applicable
Item 7 - Identification and Classification of the Subsidiary which
Acquired the Security being Reported on by the Parent Holding
Company:
Not Applicable
<PAGE>
CUSIP No. 053790 10 1 Page 9 of 9 Pages
Item 8 - Identification and Classification of Members of the Group:
Not Applicable
Item 9 - Notice of Dissolution of Group:
Not Applicable
Item 10 - Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
CENDANT CORPORATION
CENDANT FINANCE HOLDING CORPORATION
HFS CAR RENTAL HOLDINGS, INC.
CENDANT CAR RENTAL, INC.
CENDANT CAR HOLDINGS, INC.
/s/ James E. Buckman
-----------------------------
By: James E. Buckman
Vice Chairman and
General Counsel
Date: February 11, 1999
