GRAB THAT PARK­ING SPACE!

DRIV­ERS WASTE AN AV­ER­AGE 17 HOURS A YEAR AND $ 345 IN TIME, FUEL HUNT­ING FOR A SPOT

USA TODAY International Edition - - MONEY - Kevin McCoy @ km­c­coynyc USA TODAY

Search­ing for park­ing is more painful than ever for U. S. driv­ers.

Mo­torists spend an av­er­age of 17 hours a year search­ing for spots on streets, in lots or in garages, ac­cord­ing to a re­port is­sued Wed­nes­day.

The hunt adds up to an es­ti­mated $ 345 per driver in wasted time, fuel and emis­sions, ac­cord­ing to the anal­y­sis by IN­RIX, a lead­ing spe­cial­ist in con­nected car ser­vices and trans­porta­tion an­a­lyt­ics.

Over­pay­ing — caused by driv­ers’ in­abil­ity to es­ti­mate how long they need to park or fork­ing over ex­tra to avoid the risk of get­ting a park­ing ticket — costs Amer­i­cans more than $ 20 bil­lion a year or $ 97 per driver, the re­port es­ti­mated. Hunt­ing for park­ing “im­poses sig­nif­i­cant costs on our pock­et­books that we of­ten don’t think about” and also adds to ( traf­fic) con­ges­tion,” said Bob Pishue, an IN­RIX trans­porta­tion an­a­lyst and co- au­thor of the re­port. “This is a prob­lem not only driv­ers face, but lo­cal shops and busi­nesses, too.” Mo­torists in large cities en­dure the tough­est chal­lenges. In New York City, the hard­est- hit U. S. ur­ban area, driv­ers on av­er­age spend 107 hours a year looking for park­ing spots, the re­port said. The searches add up to what the re­port es­ti­mates as $ 2,243 in wasted time, fuel and emis­sions per driver, plus $ 4.3 bil­lion in costs to the Big Ap­ple. Los An­ge­les, San Fran­cisco, Wash­ing­ton, D. C., and Seat­tle round out the top five cities with the tough­est park­ing ex­pe­ri­ences, the re­port said.

The broader U. S. econ­omy also feels the park­ing pain. In all, 63% of the nearly 6,000 U. S. driv­ers sur­veyed re­ported they avoided driv­ing to shop­ping sites, air­ports, leisure or sports cen­ters and other des­ti­na­tions be­cause of park­ing chal­lenges.

The re­port ac­knowl­edged those driv­ers in­stead may have used other forms of trans­porta­tion to reach their des­ti­na­tions or used e- com­merce to make pur­chases af­ter skip­ping stores.

While many Amer­i­cans are all too familiar with park­ing prob­lems, the first- of- its- kind re­port uses data from 100,000 lo­ca­tions across 8,700 U. S. and for­eign cities and the in­ter­views with driv­ers in and around 10 ma­jor U. S. ur­ban ar­eas in an ef­fort to es­ti­mate the eco­nomic and non- eco­nomic ef­fects of park­ing pain.

Ac­cord­ing to the re­port, nearly two- thirds of the U. S. driv­ers re­ported they felt stressed while try­ing to find a park­ing spot.

Ad­di­tion­ally, nearly 42% of the U. S. re­spon­dents said they missed an ap­point­ment, 34% aban­doned a trip be­cause of park­ing is­sues and 23% ex­pe­ri­enced road rage, the re­port said.

GETTY IM­AGES/ IS­TOCK­PHOTO

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.