Parking pain (3)
Tuesday, 5 September 2017
In the U.K., motorists on average spend 44 hours a year searching for a space, costing the U.K. £23.3 billion annually.
The total city cost ranges from Southampton, at £98 million a year in wasted time, fuel and emissions, to London at £4.3 billion a year. Across all 30 cities in the study, London has the highest total cost because it is estimated to have the largest number of cars.
Londoners spend over 67 hours a year in their search for parking, which is more than 50 percent above the national average.
German motorists spend a national average of 41 hours searching for parking, at a total cost of €40.4 billion to the German economy. This average is significantly lower than the 57 annual hours wasted by drivers across the 10 German cities analysed.
An extract from INRIX Research The Impact of Parking Pain