Increased affordability and lower prices have caused an increase in the number of cars. Most elite families today own at least two cars. This has led to a problem of inadequate parking spaces. Company-owned parking garages charge exorbitant rents for their space. This has led to private individuals renting out their unused parking spaces.
These spaces can be rented for a day, a week or a month. The spaces sought for this purpose can be an open parking lot or a secure garage.
Some popular places where people look for space to park a car are:
- Close to a metro station
- Near a train station
- near an airport
- Visiting a new location where they might need to park overnight
- Near an event venue such as a sporting event or concert
- Parking in residential areas
- Close to shopping areas
It is a convenient option when one uses the tube regularly. If they rent a parking lot near the station, they can drive to the station on their way to work and drive home from the station when they return.
This type of space is sought after when traveling frequently by train. They can drive to the station and can conveniently drive home when they return.
When one resides far from an airport, he will have to incur high expenses to move to the airport. Therefore, a parking space near an airport is a convenient option. Many owners of such spaces even provide transportation service to go to the airport.
When an individual or a group visits a new place and needs to stay overnight, it is wise to reserve a parking space in advance. This is because parking in an unfamiliar place can be quite a challenge.
When driving to an event venue, finding adequate parking can be a nightmare. In these cases, the solution is to reserve a parking space before the event.
There are strict parking rules in residential areas. This makes it difficult to find a parking space. Therefore, renting a parking space provides some comfort.
Most shopping malls have their own parking spaces. But they tend to fill up and customers get stranded. They waste a lot of time looking for a nearby car park. In such cases, renting a nearby parking space helps them save valuable time.
Therefore, we can see that there are many cases where renting a private parking lot helps a great deal in solving parking problems. This arrangement is beneficial to both the owner and the tenant. The owner because he can win with his space. The renter because private parking spaces are cheaper than professionally managed companies. It also saves them time and effort in searching for one.
In conclusion, we can say that when you rent a parking space, you are buying “peace of mind”.
