Parking permit prices on the up and up

Posted by Jasmin Stopford in Neighbourhood on 26 May 2016 - Jasmin is a Credit Analyst at checkmyfile

More than half of local authorities have expanded the number of parking zones which require a parking permit. As a result, the cost of parking has spiralled out of control, so much so that parking permit prices have increased by 51%.

Car insurance firm, Esure, found that although the average cost of an annual permit is £64, some motorists are having to pay more than ten times that amount. Birmingham City Council, for example, charge residents a hefty £785 for a permit.

Jon Wilshire, of Esure, says, “Some motorists are paying hundreds of pounds simply to park their car near their home. Over the past two decades the number of vehicles on the road in Britain increased by 10 million but the space available for parking in residential areas has not increased”.

Permits are graded based on CO2 emissions making city centres the most expensive zones. Figures released by councils show that they made more than £44 million between 2014 and 2015 on residential permits alone. The most shocking statistic, which managed to hit headlines last year, is that councils added an extra £96 charge on top for all diesel cars, despite them tending to have the lowest CO2 emissions of all.

Steve Gooding, of the RAC Foundation explains, “The law is crystal clear – on-street parking charges should be set to manage congestion, not to raise revenue”.

A spokesperson for the Department for Communities and Local Government concludes, “We have introduced new measures that mean taxpayers will be able to see how much their council is charging, how much they are making and how that money is being used. It’s part of wider efforts to put residents back in the driving seat so they can see first-hand how well their council is performing”.

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