How to save money on parking your car

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Parking your car can be a difficult and costly experience. From finding a space to paying extortionate fees, it’s one of the least pleasant aspects of owning a car.

Our guide will help take the pain out of car parking, from booking ahead, to leftfield alternatives, to avoiding taking your car altogether. Let’s begin with the basics.

Ask around

Finding somewhere to leave your car could be a puzzle solved with a simple query to a friend, or a quick alert to your friends on Facebook

Somebody with local knowledge may know the cheapest car park in town – or even have a driveway you could use.

Parkopedia

As its name suggests, Parkopedia is the Wikipedia of the parking world. The website covers 89 countries and more than 15,000 cities, giving you access to over 70 million parking spaces. 

It’s all rather easy: search for your desired location and Parkopedia displays a map of the car parks within the immediate vicinity. You can check out prices and opening hours, as well as any restrictions or points to note.

The map also features a handy ‘traffic light’ system, enabling you to locate the cheapest car parks.

There’s also a smartphone app, while some car parks give you the opportunity to book ahead. Whether you commute to work or are visiting a city for the first time, the Parkopedia website could save you enough to pay for lunch.

Connected cars – the future of parking?

Connected cars, which share data via the internet, create a variety of opportunities to streamline motoring life. Wejo is an app in development that uses this technology to, among other things, help you find free car parking spaces.

Being connected to other cars, means those cars can ‘tell’ your car when they’re leaving a parking space. The car park ballet dance could become a thing of the past. 

Book ahead

This is especially important if you intend to leave your car at an airport. Use the official Heathrow Airport website to book seven days of parking, for example, and the savings are significant. 

Prices will vary depending on availability and how early you book, but you will benefit from booking in advance, even if it’s on the day of travel.

Long stay, not short stay

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Sticking with airports, there are obvious benefits associated with short stay car parks. Take Heathrow Airport Terminal 5: it’s a 2-4 minute walk to the short stay car park, compared with a 5-7 minute bus ride to the long stay.

In some airports it feels like the long stay car park is located in a different continent, so you might argue the convenience of being closer to the terminal outweighs the pain associated with the 20-minute minibus ride.

Use a price comparison website

There seems to be a price comparison website for just about everything these days, including airport parking. Holiday Extras is one of the biggest and the most established of all the sites, and the savings can be significant.

The website claims you could save up to 60 percent versus the price you’d pay on the day. Holiday Extras also offers a best price guarantee, meaning it will refund the money if you find the same airport parking cheaper elsewhere.

It’s important to do your homework, because not all price comparison sites are as reputable as the market leaders. It’s also worth remembering that cheaper doesn’t necessarily mean better. 

Hotel package deals

If you’ve booked a room the night before your flight, ask if it’s possible to leave your car at the hotel for the duration of your trip. Some hotel operators offer a hotel and parking package deal, so ask about this when you book.

This also applies to city centre breaks. Ask the receptionist if the hotel offers on-site parking, as this could save you money over the course of a long weekend. Some hotels will offer free parking on a first-come-first-served basis, while others expect a small fee. Check to see if the local pay and display is cheaper.

Park on the edge of the city

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In basic terms, the closer you get to the city centre, the more expensive the cost of parking. You’ll also have to do battle with the inevitable congestion and fight for that single free parking bay.

Do yourself a favour and find a car park on the edge of the town or city. In some cases, the parking might be free, but it will almost certainly be cheaper. If you’re worried about the walk, take the bus into the city centre.

Park and ride

Park and ride facilities are the ‘official’ version of this tactic. They also tend to work out cheaper than parking in a city centre.

Using Plymouth as an example, you’ll pay £3.40 for an adult return ticket from the George Junction park and ride.

Hire a driveway

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When you think about it, this makes perfect sense. During working hours, your driveway is likely to be empty, so why not invite somebody else to park there?

There are a number of websites offering a search facility, including yourparkingspace.co.uk, which includes well over 250,000 hourly, daily and monthly parking spaces across the country.

We searched for driveways for a Saturday visit to London. Over 2,300 results came back in a variety of locations, offering parking for 24 hours or more.

Booking is easy: you simply select your arrival and departure times, key in your details, pay online, and the website provides the full address of the space along with the contact details of the owner.

Buy an electric vehicle

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Buying a new car to save money on car park costs seem a tad excessive, but driving an electric vehicle will reduce the amount of cash you spend at car parks.

Many car parks offer free parking while your EV is being recharged, while some allow you to park for free, regardless of whether you’re charging or not. If you pay £2 per day to park at work, you might save over £400 a year by switching to an electric car.

Look for cashback options

To encourage people back into towns and city centres, some local authorities and business groups offer incentivised parking. In other words, while you’ll still be asked to pay and display, the cost is refunded if you spend a certain amount in a participating shop.

Similarly, a supermarket situated in a town or city centre might offer a refund if you shop in store. As one supermarket might say: every little helps…

Car park season ticket

If you park in the same car park on a daily basis, it might be worth buying a season ticket. NCP claims a season ticket can save up to 70 percent on the cost of parking, with the added benefit of not having to search for loose change.

On a similar note, it can pay to be a member of the National Trust. Spend a week on holiday and you could spend a small fortune on parking at one of the many National Trust car parks. Membership starts from £6 a month – a cost you could recoup on car park fees alone.

Use the correct change

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Car park operators want to extract every last penny from your wallet and you’ll often see a ‘no change given’ notice on the pay and display machine. It’s a simple thing, but make sure you use the correct change.

Alternatively, pay by card or use one of the parking apps, such as RingGo. This cashless solution allows you to pay via your smartphone and will provide an alert when your time is running out.

Look for alternatives to the car

While we appreciate that you’re hardly going to take the bus to a famous Swedish furniture store to collect a new wardrobe, or cycle into town to pick up your groceries, you have to ask yourself: do I really need to take the car?

Would it be cheaper to take the bus? Could you walk into town? Would it be easier to cycle into work? Could you share a car with somebody else, going halves on the cost of the car park?

Railway stations are notoriously expensive places to park, so have you considered cycling to the station? 

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Buy a car park space

Sounds extravagant? That’s because it probably is. Parking is an expensive business, so you could consider buying a car park space for your exclusive use.

Not that this is the cheapest option. Spaces in London can stretch into six figures – enough to buy a house elsewhere in the country.

Don’t park in a hurry

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If you’ve followed our advice, you’ll never have to park in a hurry again. If you’re forced into a corner, either through lateness or a lack of planning, you’ll choose the wrong and often most expensive car park.

A little forward planning goes a long way.

ALSO READ: 

How to find road traffic information and avoid delays

How to deep-clean your car’s interior

How much does it cost to tax your car?

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