For those who don’t know, Zip Car is possibly the most convenient way to rent a car. You basically join the company as a customer and from that point on you can share cars with other customers. Meaning, instead of being forced to pay to rent a car for an entire day, you can rent it for 2 hours and pay accordingly. Obviously, the bigger rental companies have taken notice. Avis has purchased the Zip car company for close to $500 million dollars. This benefits both companies as now Zip Car will have many more cars to choose from to buy to use for their inventory, and it allows Avis to benefit from them as well. Click the link after the jump for more.
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