Calculate parking cost from an hourly rate, with an optional daily maximum cap.
Most metered and garage parking charges an hourly rate until it hits a daily maximum, whichever is lower: cost = min(hourly rate × hours, daily max). Without a cap entered, it's simply hourly rate × hours.
The daily max exists specifically to protect against runaway costs on long stays — without it, an all-day parking session at an hourly rate could easily cost more than a flat day rate would.
Rates and caps vary enormously by location — downtown urban garages and airport parking in particular often have steep hourly rates but a capped daily maximum that makes longer stays proportionally cheaper.
At $3/hour for 10 hours with a $25 daily max: the raw hourly total would be $30, but the daily cap means you'd actually pay $25.
Because most real parking facilities use exactly this structure — you're charged hourly up to a point, then the daily cap takes over, so both numbers together give you the realistic final cost.
Leave that field blank or at zero — the calculator will just apply the straight hourly rate with no cap.
No — this covers single-visit hourly/daily parking. Weekly and monthly rates are typically flat fees set separately by the facility, not derived from the hourly rate.