Recently a friend told me that the parking tickets in Detroit went up from $20 per infraction for an expired meter ($10 if you paid it within a week) to $45 with no pay by date discount. That really caught my attention. You see, I was that person who conducted a cost benefit of risking the parking ticket versus paying a guaranteed $10-$20. If I had the change, and the meter was working, I would definitely feed the meter, however there are other times when I was running into a place for a few minutes, the meter was broken, I didn’t have change, or the meter wasn’t accepting credit cards when I would take the risk. I did this because generally the risk was worth it because at worst I would break even and at best I got free parking!
However, the recent change in rates really changed my perspective. At a cost of $45 per ticket the risk is no longer worth it, given that most lots are between $5 – $20 assuming there is not a sporting event or a special event. Now, when I am attending an event and face with the “should I feed the meter dilemma”, these are the 5 questions I consider:
A little planning ahead goes a long way, because eliminating parking tickets doesn’t require a budget cut. Imagine, you get to keep something that you really enjoy, because you plugged this simple money leak, that only requires being a bit more careful about how you park.
List of cities and the amount per parking infraction
Please note that this is not a comprehensive list of all types of parking tickets. It is meant to be a guide to help you to understand how quickly parking tickets can add up to big dollars if you aren’t careful and/or have multiple infractions.
|Location||Amount of Citation||Time to Pay Before Price Increases (days)|
$65.00 for Manhattan 96th St. & below
$35.00 for all other areas
Aisha Taylor is a #1 Amazon Best Selling Author of the book “5+5 FNPhenomenal Ways to Save $100 This Week Without Killing Your Lifestyle”, and the Founder of FNPhenomenal (Frugal –n- Phenomenal). FNPhenomenal helps women to break the vicious cycle of making money, but not keeping it. FNPhenomenal provides education about money management, empowers women to take control of their lives, develop a healthier relationship with money, and pursue being phenomenal.
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