May 5, 2008

We've written on several occasions already about online exchanges for parking spots on both sides of the Atlantic. But while most of those have focused primarily on short-term parking needs, a new one serving Canada and the US serves as a virtual marketplace for long-term parking.

Parkingspots.com connects those who have parking spots to rent out with those who need them on a monthly basis. Launched earlier this year, the Toronto-based company gives spot holders a way to list their off-street spots, along with the price they want to charge. Powered by Google Maps, spot seekers, meanwhile, can see what's available and choose one based on location and price. Exact addresses are kept confidential until a match is made. Once that happens, renters and owners negotiate directly to set a final price and arrange for payment; commercial transactions are handled through PayPal. The service is free for both renters and owners with just one or two spots to rent; commercial lot owners with more than two spots at a single location must pay a one-time listing fee equivalent to roughly a month's rent.

Parkingspots.com currently serves a limited number of cities in North America, but judging by the rapid spread of this concept already, expansion can't be far away. One to bring to a concrete jungle near you!

Website: www.parkingspots.com
Contact: info@parkingspots.com

Spotted by: Richard Lane

 

 

Comments on this idea:

Very smart.

Now is it possible to joint up with us at GeoGames / The Netherlands where the http://globeglider.net enaabling technology can locate and visualize all these availability places on Google Earth and Microsoft Virtual Earth all in one go!

Please visit us at http://geo-games.eu !

The same idea was launched in Tel Aviv area: Easyrider connects people willing to rent or sell parking spaces (which can cost up to 20,000$ in high demand areas). Rent can be yearly monthly or even by days and hours. The website also has calculators for gas consumption and also ads for car-share and ride-share schemes.
http://easyrider.co.il/

The service is free for both renters and owners with just one or two spots to rent; commercial lot owners with more than two spots at a single location must pay a one-time listing fee equivalent to roughly a month's rent.

paul lau
http://www.power2battery.com/

Time and time again its been proven (such as with this idea) that the simplest of ideas can be the most mind blowing (and maybe even) profitable.

Missy.
http://www.g34media.com

Post a comment:

Please note that Springwise is not associated with the company / product mentioned in this article.

Your email address will not be published with your comment.