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Tiered Pricing

Understanding how the tiered pricing model works for parking permits.

Some communities use tiered pricing to determine parking permit costs based on the number of vehicles registered to a unit. Each vehicle is assigned to a specific tier depending on how many vehicles are associated with a unit.


How Vehicle Tiers Work

Tier format is written as:

[Tier 1.Vehicle #]

The number after the period represents the vehicle number registered to the unit.

Examples:

  • Tier 1.1 = First vehicle

  • Tier 1.2 = Second vehicle

  • Tier 1.3 = Third vehicle

As additional vehicles are added, they may fall into a higher pricing tier depending on the community's setup.


Example Pricing Structure

Below is an example of how vehicle-based tier pricing may be structured:

Vehicle 1

Vehicle 2

Vehicle 3

$50

$55

$60

In this example:

  • A resident registering their first vehicle would fall under Tier 1.1

  • A resident registering their second vehicle would fall under Tier 1.2


Important Notes

  • Not all properties use multiple vehicle tiers.

  • Some communities configure a single pricing tier, meaning all vehicles cost the same amount.

  • Vehicle tier pricing is determined by your property management team during onboarding.

  • If a specific tier is not configured, the system will apply the next available pricing tier set by the property.

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