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Shared parking (also known as gaparking from gap and parking), is the practice of making existing parking space available to more than one person. Usually, gaparking uses existing gaps or spaces intended for parking cars when the owner is not using it. Existence of gaps is a consequence of living in one location and working in other which makes this gap available for others to use for certain amount of hours. Gaparking allows the owner to make money or maximize utilization by making space publicly available for rent.
In most countries gaparking is available through websites that connect a private parking space owner with people searching for a place to park. Usually the person who gaparks his property allows the tenant to park at his garage or driveway when not in use.
Shared Parking was revolutionized in 2014 with a Right of First Refusal concept invented by Adam Baff. Benefits for users of shared parking include saving time and saving money. Drivers save time as they will have a known or reserved parking space which means they do not have to drive around looking for a parking space. Another way shared parking can save time is by drivers being able to choose a parking space closer to their destination. Drivers can also save money in comparison to using commercial car parking operators and by avoiding parking tickets or fines in areas with limited car parking space.
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