Rental car company Avis Budget Group has purchased car-sharing company Zipcar, Avis announced Wednesday, Reuters is reporting.
The car-sharing concept is a per-hour rental service, which is an alternative to traditional per-day car rentals or owning a second car.
Zipcar has had cars available in Redmond at the Red160 Apartments on Cleveland Street since July 2011.
Cars available for sharing include an Audi A3 a Honda Insight hybrid.
Zipcar merged with Seattle-based Flexcar in 2007, according to a story in Seattle PI.
Have you ever used a car-sharing service? What was your experience? Tell us in comments.