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Zipcar expands service to over 45 college campuses

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The Associated Press 10:06 AM Monday, February 13, 2012

CAMBRIDGE, Mass. — Zipcar Inc. said Monday that it has launched its car sharing services at more than 45 college and university campuses since the beginning of the current school year.

The Cambridge, Mass.-based company said that since December, it has has begun service at 10 new universities including Valparaiso University, University of Oregon and the University of Wisconsin at Madison.

That came after Zipcar began services at 36 additional campuses around the start of the 2011-2012 school year, the company said.

Zipcar, which was founded in 2000, offers users a twist on the typical rental-car business. Instead of going to a rental lot, members reserve a car that's parked nearby, which they unlock with a keycard. The cars are usually rented out by the hour instead of by the day.

Zipcar, which operates over 8,900 vehicles in urban areas and college campuses, said its services are especially attractive to college students, because it helps them save money, avoid the hassles of parking and maintenance and reduce their use of fossil fuels.

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February 13, 2012 02:59 PM EST

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