Platform Fees & Minimum Retainer
This guide explains how Levy Fleets platform fees work for fleet operators.
Pricing Model Overview
Levy Fleets uses a simple revenue share model:
- 20% revenue share on all rental income your fleet generates
- $250/month minimum retainer (recently reduced from $500)
You pay whichever amount is greater each month.
How the Minimum Retainer Works
The $250 monthly minimum retainer ensures baseline coverage for platform costs including payment processing, GPS tracking, customer support infrastructure, and software maintenance.
Here's how it works in practice:
| Your Monthly Revenue | 20% Rev Share | Minimum | You Pay |
|---|---|---|---|
| $2,000 | $400 | $250 | $400 (rev share) |
| $1,500 | $300 | $250 | $300 (rev share) |
| $1,000 | $200 | $250 | $250 (minimum) |
| $500 | $100 | $250 | $250 (minimum) |
In Practice
We almost never have to invoice the minimum retainer. When a fleet is active and getting regular use, the 20% revenue share naturally exceeds $250. The minimum is really just a baseline for months with unusually low activity.
When the Minimum Applies
The minimum retainer only applies when:
- Your fleet is active on the platform
- Your 20% revenue share is less than $250 for the month
If your rev share doesn't reach $250, we invoice the difference to cover the baseline.
Example: If your fleet generates $800 in a slow month, your 20% share would be $160. We would invoice $90 to reach the $250 minimum ($250 - $160 = $90).
Seasonal Flexibility
Many operators have seasonal businesses where demand fluctuates throughout the year.
If you want to pause operations during slow periods:
- Contact us to temporarily deactivate your fleet
- While deactivated, no platform fees apply
- Reactivate when you're ready to resume operations
This is common for operators in seasonal markets or those who don't want to run their fleet during winter months.
Seasonal Operators
If you know you'll have predictable slow seasons, let us know in advance. We can help you plan for temporary deactivation so you're not paying fees during months when your fleet isn't generating revenue.
Frequently Asked Questions
Is the minimum retainer on top of the 20% rev share?
No. You pay either the 20% rev share or the $250 minimum—whichever is greater. They don't stack.
How much revenue do I need to exceed the minimum?
At 20%, you need to generate $1,250/month in rental revenue for the rev share to exceed the $250 minimum.
What if I have multiple locations?
Each subaccount (location) is billed separately. The minimum retainer applies per active subaccount.
Can I pause my account instead of paying the minimum?
Yes. If you temporarily deactivate your fleet, no fees apply during that time. This is a good option for seasonal operators or during extended maintenance periods.
Why was the minimum reduced from $500 to $250?
We lowered the minimum to make the platform more accessible for smaller operators and those just getting started. This change took effect in January 2025.
Billing Cycle
- Platform fees are calculated monthly based on the calendar month
- Invoices are generated at the beginning of each month for the previous month's activity
- Payment is due within 15 days of invoice date
Questions?
If you have questions about platform fees or your specific billing situation, contact us at support@levyelectric.com.