Parking pain costs UK more than £30bn a year


UK drivers spend on average 44 hours a year looking for parking, costing them £733 each in time, fuel and emissions and totalling £23.3bn across the country, leading traffic analysts have estimated.

A major new study from INRIX combines data from its parking database of 100,000 locations across 8,700 cities in more than 100 countries, with results from a recent survey of nearly 18,000 drivers in the US, UK and Germany, including 7,035 in 10 UK cities.

It found that overpaying for parking - the extra time drivers typically add to a parking session to avoid a penalty charge - costs British motorists up to an estimated £6.7bn a year or £209 per driver, while UK drivers also pay £1.2bn a year in parking fines.

The survey asked how many parking tickets motorists received annually. The average across the UK is 0.7, which amounts to £39 per driver per year in fines or £1.2bn for all drivers.

The report states: ‘Drivers in Germany get highest number of parking fines a year on average (0.84 per person), followed by the U.K. (0.66) and the U.S. (0.20). Interestingly, German drivers paid the least in fines (€380 million), compared to drivers in the U.K. (£1.2 billion) and the U.S. ($2.6bn).’

‘If we add up all the costs in this research, so the time spent searching for a space, the amount drivers overpay for parking and the amount spent in fines, the “total” cost of parking pain in the UK is more than £30bn a year,’ said Dr Graham Cookson, chief economist, INRIX.

‘This cost is not only borne by drivers but also by local economies as people avoid shops due to parking issues. While 71% of drivers said there isn’t enough parking available, occupancy for spaces can be as low as 50%. We have an information problem more than a parking problem. A problem that technology can help fix.’

The research also found that 40% of motorists avoid driving to shops due to problems finding parking.


Register now for full access

Register just once to get unrestricted, real-time coverage of the issues and challenges facing UK transport and highways engineers.

Full website content includes the latest news, exclusive commentary from leading industry figures and detailed topical analysis of the highways, transportation, environment and place-shaping sectors. Use the link below to register your details for full, free access.

Already a registered? Login

comments powered by Disqus