Just got the following blurb as part of a ZipCar member communication:
HOUSE-HUNTING? USE ZIPCAR. Sure, you could or should or might be
driving a Zipcar when you are house-hunting, but did you know that when
you find the dream home (which won’t need its own parking space) your
Zipcar use qualifies you for a zero-down payment mortgage program? If
you’ve been a member for at least six months, you’re eligible to apply
for a MassHousing Take the ‘T’ Home Mortgage Program that also offers
below market interest rates. Call MassHousing at 1-877-309-HOME or
visit www.masshousing.com for details and a list of participating
banks. If you go through with it, send us a picture, we want to know.
The interesting thing for the non-ZipCar members is that the program is a general one for folks that take the T to work. ZipCar membership is only one of the ways to qualify. There are some income restrictions based on where in the state you live, but for Boston it’s just north of 100K. So, definitely take a look if you are looking to buy a property.
On a related note, ZipCar just hired their post-startup CEO. Could there be an IPO in the future?
They haven’t updated their web site, yet, but you should be able to see Scott Griffith, the new CEO, on their corporate info page as soon as they update it. If you were wondering what all those people looked like on the other end of the phone or email, they have everyone’s picture up.






July 27th, 2003 at 3:23 pm
I’m a new zipcar customer. I was pretty upset to find that I got billed for reservation I had canceled over 12 hours before. I
ended up driving the car during the same time period (but for less tiem) — obviously I can’t drive the same car twice at the same time! On top of that, it said I had driven the car, which I didn’t drive, for 5 miles!!
I’m glad to only be doing a 2 month trial. I thought the zipcard sent
info about when you actually entered and exited the car. Obviously it does not. This is all very fishy to me and I’m not sure I want to continue with zipcar if it does not get cleared up fast.