As a growing number of consumers turn to ride-hailing in shared cars that rack up more miles than personal ones, new light-vehicle sales growth will slow to a crawl.
Did you know, the average time that a person spends each day looking for a parking spot is 25 minutes? That’s six days a year of which you could be spending on something useful.
Ride hailing service Uber conducted a survey to assess the sentiments of Malaysian drivers on car ownership as well as driving and parking in the city.
In the survey, one of the worst problems of car ownership was looking for a parking spot. In fact, a staggering 74 % of Malaysian car owners have missed, or been very late to an event due to parking problems.
Here’s a list those parking pet peeves. How many have you experienced?
1 Forgetting where you parked
An almost everyday occurrence, it doesn’t help that all carpark basements look pretty much the same. Taking a picture helps in some occasions, but if you’re one of those who has difficulties finding your bearings, this won’t likely help.
2 Losing your parking ticket
Imagine that you’re rushing for your next appointment, eager to get out of the place you’re currently stuck in, but you get into your car realising that your parking ticket has gone missing. After searching high and low for it to no avail, you then have to spend time searching for the carpark office, likely filling up a form, paying the fine, getting your replacement ticket, and finally heading back to the car. It’s not an event you’d want to fit into your day.
3 Arriving in a hot mess
Everyone dreams of finding a parking spot right in front of our intended venue every single time. Unfortunately, that’s one dream that won’t come true. The reality in urban Malaysia is, any parking spot will suffice as long as it is not as far from the venue as your house is. So for half the time, we end up walking quite a bit in the sweltering sun, and arriving at our appointment hot and sweaty.
4 Rushing for the 15-minute window
15 minutes can feel like a very long time – until you’re waiting to exit the carpark without paying a ringgit. It’s more painful when there is a long line at the parking exit that causes you to break that 15-minute limit.
Parking is such a hassle to Malaysians, that almost a third (29 %) of all car owners are currently considering not owning a car anymore, and if the parking situation does not improve, that number quickly goes up to 48%.
It doesn’t help when Malaysians are forced to spend a chunk of their time stuck in traffic, an average of 53 minutes per day to be exact, unable to do anything but keep their eyes on the road.
However, that can all change if Malaysians start adopting the use of ridesharing services offered by e-hailing services such as Uber.
In fact, many Malaysians already share this sentiment, with more than half believing that ridesharing services could be a complete substitute to owning a car in the future.
The study commissioned by Uber also found that with the usage of ridesharing services, the country could see a decrease of up to 40% of cars off the road – that’s space that can be easily used for schools, parks, and hospitals.
So, what say you? Is car ownership a thing of the past?