Sydney car insurance customers to face higher meter charges

By Mozo ·

Car insurance customers who want to park in the centre of Sydney could face even higher charges after the council announced plans to raise meter charges.

Council-owned car parks will also become more expensive, with daily prices set to rise 12 per cent to $58 per day, reports the Daily Telegraph.

Motorists who are only in the centre for a brief time will have to pay $7 per hour to leave their vehicles in a metered zone.

However, those with car insurance for more vehicles that are better for the environment – such as hybrid autos – could find their outgoings are less when parking in the city centre.

Income forecasts from Sydney Council revealed plans to "introduce parking fees which give preferential treatment to eco-friendly vehicles at parking stations and on the city's streets".

According to a list compiled by MSN, London is the most expensive city in the world to park in, followed by Hong Kong and Tokyo in second and third respectively.

Have a question about car insurance? Ask the money gurus at Mozo AnswersADNFCR-1761-ID-800526405-ADNFCR