Paris aims to drive large sports utility vehicles (SUVs) out of its centre by hiking parking fees for heavy cars in the French capital, and it plans a citizens' vote on the proposal early next year.
Here’s the thing: people don’t make decision based on cost, but on what they feel what the cost is. For example: there are studies showing people underestimate the cost of car ownership by a factor of 2. They typically forget about the loss in value and the repair costs. Parking fees (if taken per occasion) are cost that people actually feel every day, making it more likely that they factor into their decision, maybe even more so than fuel costs.
Here’s the thing: people don’t make decision based on cost, but on what they feel what the cost is. For example: there are studies showing people underestimate the cost of car ownership by a factor of 2. They typically forget about the loss in value and the repair costs. Parking fees (if taken per occasion) are cost that people actually feel every day, making it more likely that they factor into their decision, maybe even more so than fuel costs.