Car sharing program in several major cities. ZipCar has been active in Ann Arbor since about 2007 with a half dozen cars located on the UM campus and several located in downtown Ann Arbor. See their website for information on joining and availability of cars in many cities including Ann Arbor. .

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It’s a safety net for the company, if the cars don’t get enough usage. But if Zipcar’s revenue from customers surpasses the guaranteed amount, then the local organizations are off the hook. And it seems like there’s a good chance for that. Back in December, when the DDA authorized funding of the fourth car in getDowntown’s Zipcar fleet, The Chronicle reported getDowntown director Nancy Shore’s description of the $1,500 guarantee as corresponding to 40% usage – with the UM Zipcar program already enjoying 60% usage.