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PARKING VERSUS PETROL - THE COST CONUNDRUM

As Faxi is being adopted by an increasing number of companies both nationally and globally, the feedback we consistently receive from commuters is that parking is a more significant problem than congestion, and worse - it’s even more expensive than petrol.

Daily car parking charges for commuters can amount to nearly £1,000 a year per car, and with the average UK commute to work being only 9.4 miles - according to the latest Census data - car parking charges far outweigh petrol as the number one concern for commuters.

It’s not just the costs which are causing issues, either. Availability of car parking spaces is also a real concern as pressure on Britain’s car parks becomes an ever-worsening problem.

 

Some towns around the UK are experiencing high volumes of ‘illegal’ parking - where commuters are parking in residential streets nearby stations to avoid the hefty station car park costs. Consequently, this is causing congestion issues on neighbouring residential roads.

 

A number of initiatives have been launched to help relieve drivers of the extortionate car parking fees, and one such platform is JustPark.com, which enables users to ‘hire out’ their driveways to people searching for a more cost-effective car parking space. It’s like the Airbnb of parking and is a logical way of utilising car parking spaces which are ‘free and unused’ during the day.

 

For commuters, the financial strain that car ownership represents isn’t currently being addressed by corporate employers, and this is where a more tangible difference can be made on parking pressures and costs within the workplace environment.

 

Using sophisticated technology, Faxi is working with large organisations and local authorities to synchronise its innovative platform with car parking systems, providing real-time proof of carpooling between co-workers. This enables employers to offer employee incentives such as prioritised car parking spaces or rewards for those who carpool to work, helping to alleviate the problems facing commuters.


As parking costs and availability continue to become a worsening problem, organisations will need to address these issues, and soon. If all large companies prioritised parking availability for those that engage in carpooling it would have a considerable impact on congestion and environmental impacts, while also considerably reducing the cost of transportation for commuting employees.


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