High Quality Content by WIKIPEDIA articles! A parking meter is a device used to collect money in exchange for the right to park a vehicle in a particular place for a limited amount of time. Parking meters can be used by municipalities as a tool for enforcing their integrated on-street parking policy, usually related to their traffic and mobility management policies. The parking meter was invented in 1935 by Carl C. Magee in Oklahoma City, OK. The world's first installed parking meter was in Oklahoma City, Oklahoma on July 16, 1935. Industrial production started in 1936 and expanded until the mid '80s. The first models were based on a coin acceptor, a dial to engage the mechanism and a visible pointer and flag to indicate expiration of paid period. This configuration lasted for more than 40 years, with only a few changes in the exterior design, like the double-headed version and the incorporation of new materials and production techniques.

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