Councils raked in the cash last year thanks to parking charges, according the RAC Foundation.
Local authorities across England generated a combined profit of £594 million from their on and off-street parking operations throughout 2012/13, the foundation said.
Quoting data from the department of communities and local government, the RAC said there was a 5% increase of the surplus of £565 million from the previous year.
Only 52 of the 353 councils in England reported a deficit in 2012/13.
RAC Foundation director Professor Stephen Glaister said: "There's no disputing the figures we have looked at. They are the numbers the councils themselves submit to central government.
He added: "What's more, council budgets show that the surplus for the current year is set to be higher."
More top news
Nineteen people have been rescued from the English Channel after the inflatable boat they were in started taking on water.
Leishang Cosmetics said it strongly condemns racial discrimination but blamed foreign media for the "over-amplification" of the advert.
The public voted the ITV show ahead of last year's winner EastEnders, as well as Coronation Street, Doctors and Hollyoaks.