Pricing - How do we calculate your pricing?
When you list your space with us, you have the flexibility to adjust your pricing at any time until you deactivate your listing. You can opt for automatic pricing or set it manually.
Pricing for bookings isn’t just based on hours or days; it also depends on start and end times. Whilst calendar days start and end at 00:00, the billing days for JustPark start and end at 0500 hrs.
Each time a booking crosses the 5 am line, we round all preceding hours up to a day.
There is one exception to this. We do not do any rounding on a booking that starts and ends on the same calendar day. This is to prevent e.g. a 4 am-5 am booking from being charged at the price of a day.
If you choose manual pricing, you will be asked to select the hourly, daily, weekly and monthly rates. These prices are also seen as caps.
What does this mean? For example, if a driver books from 1 pm until 6 pm they would have to pay for 5 hours. However, they may pay the daily rate as that is seen as a cap. So if you set up £1 an hour and your daily price is £4, the driver would pay £4 for those 5 hours as it will not go beyond the £4 for a day. The same applies to weekly and monthly prices. Once they reached that cap, they will not be charged above that.
Good to know: If you set your monthly price at £100 and your weekly price at £10, drivers will pay £50 a month. To incentivize monthly bookings, your monthly rate should be less than five times your weekly rate.
Don't forget that whilst listing with us is free, you will be charged for withdrawals under £25 and there is a Space Owner fee applied to all earnings. You can see a breakdown of this on the Transaction Summary on the Billings & Withdrawals page.
Important: The driver will pay the pricing that was set on your Listing at the time they placed the booking. If you have since adjusted your pricing, this will be effective from all new bookings made after this change.
For more information on pricing for a Monthly booking, please see the following article here.