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Parking Spaces Under Hammer

Instant auctions for car parking could soon be coming to the UK.

04th May 2005

A system called ScoutSpot has just gone live in America, and it works by text message. When a driver is about to leave a space, he notifies a central computer via his mobile. It texts other nearby motorists to say that there's a vacancy, and invites bids.

The auction winner is directed to the location, and the departing driver and the firm split the value of the bid between them.

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