Analysis: how the UK's car storage business is now worth £19m | Autocar

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The reasons behind the £19 million car storage business

The report said the average period a car is stored is 12 weeks and the average cost is £167 per month, with the cheapest a facility in south Wales at £75 per month and the most expensive one in London at £650 per month.

It’s not just lack of space driving the market: restrictions on vehicles in cities and the 2030 ban on sales of new ICE cars are also pushing up demand, said Tim Earnshaw, founder and MD of Windrush Car Storage, which has facilities in London and the Cotswolds. In some cases, it's the purchase of an EV that's responsible for an owner choosing to put their ICE car into storage.or whatever [for their daily runaround] but also say 'I want to pop this [classic] away and take it out for the occasional weekend, a long trip or weekend away',” said Bertozzi.

“EVs are already seen as a plaything, and we store a number of prestigious EVs used solely for fun, and we also have the odd EV-converted classic and numerous hybrid supercars,” said Earnshaw.

 

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