Back when I was a cash-strapped college student splitting an apartment close to campus, on football game days I'd stand outside with a handmade sign in magic marker advertising to rabid fans: "Parking - $40." On a good day I made $80 all together, renting the unit's parking space and the alleyway next to it — which I'm not sure was a parking spot and I definitely know wasn't mine to sell anyway.
Now two Southern California-based startups are looking to turn driveway sharing into the next Airbnb.
The first company, called Pavemint, boasts on its website: "List your parking space with Pavemint and be rewarded for helping drivers in your city get to their destinations faster." Pavemint launched this month — on the day of the Los Angeles Rams' football home opener at the LA Memorial Coliseum. The app listed 91 parking spots available on personal driveways nearby to the stadium, according to Southern California public news outlet KPCC. Prices for the prime parking spots ranged from $30 to $100. As of this week, owners of 309 parking spaces across Los Angeles are looking to get rewarded for their under-utilized driveways.
The second app is taking an eco-friendly approach to driveway sharing. EV Match pairs drivers of electric vehicles to driveway owners with electric vehicle chargers. There are approximately 50,000 registered electric vehicles in Los Angeles alone, however finding a charging station is not always easy. EV Match debuts its sharing service in Los Angeles this October before rolling out in San Francisco and San Diego, as well.
While it might seem that in Los Angeles "everywhere you go has valet," as Cher Horowitz famously declared to the world in Clueless, Pavemint and EV Match are banking that parking in this vast city is still at a premium.
Would you rent out your private driveway to others? How do you feel about parking your car in someone else's driveway? Tell us your thoughts in the comments below.
h/t Curbed LA