A renewing rental

Some storage spaces are offered as a renewing rental: a rental with no end date fixed in advance, which renews every month until one side stops it.

It exists for storage only, and only if the host allowed it on that listing. There is no such thing for parking.

The opening term still has to meet the host's minimum number of months. The amount shown is for the opening term, and the renewal continues at the same rate.

This is a monthly subscription: the price is per month, and each month is charged separately until you cancel the subscription from "My rentals". The option is not offered yet; this is how it will work when it is available.

You can stop the renewal at any time from "My rentals". Stopping the renewal is not cancelling: the rental runs to the end of the paid month and then ends, with no refund for the current month. If a renewal charge fails, the storage space is held for you for 3 days, and after that the rental ends.