Searching for a parking space costs the UK £23.3 billion per year
Sector: Car parking • Location: London, United Kingdom
Source: Highways Today
UK drivers spend an average of 44 hours a year searching for parking, at a cost of £733 each in wasted time, fuel and emissions, totaling £23.3 billion across the country. Overpaying for parking costs British motorists up to an estimated £6.7 billion a year or £209 per driver; UK drivers also pay £1.2 billion annually in parking fines. Businesses and high streets bear the brunt of parking pain as
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Original status | ongoing |
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Taiyo last update | 00-00-0000 |
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Description
Description | UK drivers spend an average of 44 hours a year searching for parking, at a cost of £733 each in wasted time, fuel and emissions, totaling £23.3 billion across the country. Overpaying for parking costs British motorists up to an estimated £6.7 billion a year or £209 per driver; UK drivers also pay £1.2 billion annually in parking fines. Businesses and high streets bear the brunt of parking pain as 40% of motorists avoid driving to shops due to problems finding parking. |
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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