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Zipcar members only pay for the hours they use the car and 180 miles of travel are free with each 24-hour reservation.
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When creating your departmental account, please let Zipcar know if anyone who will be using your account is under 21.All eligible members of your department can use a Zipcar for business purposes and bill directly to one Pcard. Zipcars can save your department money relative to owning a fleet vehicle or renting a car. There is no membership fee or annual fee for a departmental account. (bills to a Yale Purchasing Card for business use-once an account has been created and approved)Īny Yale Department may create a Zipcar account for business use. Apply as a student ( international students).(bills to your personal credit card for personal use) If you do not meet the requirements for the Yale discounted membership, you can still join Zipcar as a community member.
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Those technologies include RFID transponders embedded in windshields that communicate with a customers car and automatically unlocks the drivers door. Avis also owns Budget, with both companies likely to take advantage of Zipcar technologies. The company sees Zipcar as a complement to its longer term rental options or as a scalable opportunity for the combined business. Nelson, Avis Budget Group chairman and chief executive officer, noted that Zipcar fits in with Avis desire to reach more commercial and consumer clients. You can find Zipcars positioned on or near more than 300 campuses and the company enjoys a strong following among businesses large and small, as well as with environmentally conscious consumers. The company claims more than 760,000 members and it is the market leader in 20 leading US, Canadian and European metropolitan areas. The car sharing business has been growing steadily in recent years and has been estimated as a $400 million annual business in the US according to Zipcar. Zipcar had its initial public offering in April 2011. Board members for both companies unanimously approved the near $500 million deal and Zipcar says that shareholders holding about one-third of its outstanding common stock have pledged support for the move. will pay $12.25 per share in cash for Zipcar, representing a 49 percent price premium over the December 31, 2012, closing price. That deal is expected to conclude this spring. On Wednesday, Avis announced that it has agreed to acquire Zipcar. Zipcar vehicles are typically found around large universities and in urban areas, a business model that has been copied by rental car companies such as Enterprise and Hertz.
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Based on a popular European car sharing initiative, the first Zipcars hit the road in 2000. Zipcar is the worlds largest car sharing service, a Cambridge, Massachusetts company that was launched in 2000.
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