Low Install Cost – Asphalt is about twice as cheap to install when compared to a concrete.
Cheap Maintenance – Maintenance includes sealing and crackfilling. This should be done every 2-3 years, depending on traffic, use, and weather.
Relatively Cheap Repairs – Compared to concrete, asphalt is the cheapest to repair. This cost is very subjective when it comes to asphalt, depending on the condition of the asphalt, it may be cheaper in the long run to replace the entire parking lot or driveway instead of small sections.
Very Impressionable – Asphalt is a much softer & permeable surface than concrete, meaning water will go through tiny micro-cracks and degrade the asphalt over time. Also, a car parking on the same spot will eventually leave indentations on the asphalt where the tires are.
Heat – Especially in the summer, asphalt absorbs a lot of heat from the sun.
Durability – Asphalt will very rarely out live concrete, but it mostly comes down to personal preference when choosing between the two materials.