Loopit Documentation
Changelog
  • Getting Started
    • What is Loopit?
    • Key Concepts
    • Setting up Loopit
      • Logging into Loopit
      • Multiple vs Single Workspaces
      • Configure Your Workspace
        • Workspace Details
    • Quick Start Guide
    • Welcome to Loopit 2.0
      • Understanding Loopit's Pricing Structure
  • Assets
    • Overview
    • Categories
      • Managing Categories and Subcategories in Loopit
      • Understanding Categories and Subcategories
      • Managing Pricing Overrides in Loopit
    • Adding Your Fleet
      • Uploading Photos
    • Tracking
      • Meter Readings
      • Tracking devices
    • Fleet Management
      • Issues
      • Service reminders
      • Inspections
    • Price Overrides
      • Customizing Charge Pricing Across Packages, Categories, and Fleet
      • Package-level Prices
      • Category-level Override
      • Asset-level Override
      • Asset-level Ultimate Override
  • Bookings
    • Overview
    • Lifecycle of a Booking
      • Creating a Booking
      • Confirming a Booking
      • Activating a Booking
        • Before Activation
      • Editing a booking
        • Adjust the price
        • Schedule Booking Changes
      • Pausing a Booking
      • Ending a booking
      • Cancel a booking
    • Deposits
      • Collecting deposits
      • Refunding/Claiming deposits
    • Referral source tracking
    • Tracking booking owner/manager
    • Contracts
      • How to Append Terms & Conditions (T&Cs)
      • How to send signed copy of contract/agreement to customer?
      • Inserting Dynamic Variables in Contract Templates
  • Billing
    • Invoices
      • Overview
      • One-Time Charges & Invoicing
      • Tax Types & Rules
      • Downloading Invoices
      • Overdue Invoices
      • Statement of account
      • Emailing invoices
      • Ad Hoc Billing & Invoices
    • Payments
      • Overview
      • Stripe integration
        • AU Becs Direct debit
      • Payment retry - Dunning
      • Auto pay
    • Credit Notes
      • Overview
      • Applying credit notes
      • Auto-apply credit notes
    • Setting up your packages
      • Program Types
      • Packages
        • What are packages?
        • Creating a package
        • Charge types and models
        • Configuring delivery on packages
        • Charges per location
    • Add Ons
      • Mileage Billing
      • Claim Excess & Excess Reduction
    • Billing Items
  • Settings
    • Users
      • Roles & Permissions
      • Inviting & Assigning Users
      • Enabling & Disabling Users
    • Locations
      • Managing Locations
      • Invoice Customisation
      • Assigning Fleet Locations
      • Booking pickup date rules
    • Workflows
      • Overdue Invoice Reminder
    • Email templates
      • Merge Tags
      • Entity Types
      • Creating a Template
    • Contract templates
      • Creating a template
      • Assigning a Contract Template
    • Integrations
      • Xero
      • FrankieOne
      • Geotab
      • Telemax
      • Rentalmatics
      • Sumsub
      • Tessera MVR Search
      • Experian AU
      • Bonzah Insurance
    • Webhooks
    • Website
      • Facebook Meta Pixel
    • Booking Rules
  • Security
    • Security information
  • People/Companies
    • Creating a Person or Company
      • Creating a person
      • Creating a company
    • Emergency contacts and references
    • Document expiry notifications
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On this page
  • Common Use Cases for Price Overrides
  • 1. Set Custom Excess Amounts by Fleet Type
  • 2. Increase GPS Hire Fees for Premium Models
  • 3. Offer Complimentary Child Seats for Family-Oriented Vehicles
  • 4. Apply Different Fuel Refill Charges Based on Vehicle Size
  1. Assets
  2. Price Overrides

Customizing Charge Pricing Across Packages, Categories, and Fleet

By default, all vehicle categories and fleet will inherit the standard value of any charge configured at the package level.

For example: If you create a charge called "Child Seat" at a value of $10, then any booking that adds a child seat — across any vehicle — will automatically apply the $10 fee.

However, Loopit also allows you to introduce price overrides at both the category and fleet levels. This means you can customize the standard pricing for specific vehicles or groups of vehicles.

For example: You might configure the "Child Seat" charge to $20 for fleet associated with the SUV category, while all other vehicles continue to charge the standard $10.

This functionality provides significant flexibility to tailor your pricing strategy based on vehicle type, customer segments, or operational requirements.


Common Use Cases for Price Overrides

1. Set Custom Excess Amounts by Fleet Type

Scenario: Luxury vehicles often require higher excess (deductible) amounts compared to economy models.

How to configure:

  • Create an Excess Charge Type: Add a new charge called "Excess" and set the charge type to "Ad Hoc". This ensures it can be added only when needed.

  • Set a Default Value: Define a standard excess amount to be inherited across all vehicles.

  • Override the Value by Category or Fleet: From the Price Overrides tab in the package, update the excess charge specifically for luxury categories or specific fleet (e.g., setting SUVs at $2,000 excess while hatchbacks remain at $1,000).


2. Increase GPS Hire Fees for Premium Models

Scenario: Customers renting premium vehicles may expect higher-end GPS systems, justifying a higher hire fee.

How to configure:

  • Create a Charge: Add a charge called "GPS Unit" with a standard package value, e.g., $15 per rental.

  • Override Pricing: Set the GPS Unit price to $25 for fleet in the Prestige or Premium categories.


3. Offer Complimentary Child Seats for Family-Oriented Vehicles

Scenario: To boost appeal for family vehicles, you may want to waive the child seat fee.

How to configure:

  • Create the Child Seat Charge: Set the package-level value at $10.

  • Override Pricing: In the Family or SUV category, override the price to $0, making it a complimentary inclusion for those vehicles only.


4. Apply Different Fuel Refill Charges Based on Vehicle Size

Scenario: Larger vehicles like vans or SUVs consume more fuel, so a standard fuel refill fee may not accurately cover costs.

How to configure:

  • Create a Fuel Refill Charge: Add a charge called "Fuel Refill Fee" with a default package price, e.g., $50.

  • Override for Larger Vehicles: Increase the refill fee to $80 for fleet in the Van, SUV, or Commercial categories.

Last updated 18 days ago