Just checked on installation with Viofo Hardwire 3 ACC kit (more about instalation:
Infiniti Q50 hardwire Viofo A129 GPS Dual). In low bitrate parking mode, g-sensor, in case of collision will save file to the RO folder.
So if the risk factor is damage by another car, using low-bitrate recording to leave camera recording for longer time than memory card can save is OK. Video will be stored in RO folder.
If the risk factor is vandalism or very gentle collision, using low-bitrate recording for longer time than memory card can save is doubtful.