What is ‘Maintenance Expenses’
The costs incurred to keep an item in good condition and/or good working order. When purchasing an item that requires upkeep, consumers should consider not just the initial price tag, but also the item’s ongoing maintenance expenses. Maintenance expenses are a major reason why home ownership can be more expensive than renting, for example. However, sometimes even items that are merely leased, not owned, such as a leased car, will require the owner to pay maintenance expenses.
Explaining ‘Maintenance Expenses’
Examples of maintenance expenses for automobiles include gas, oil changes, alignment, tire replacement, brake fluid and car washes. Maintenance expenses for a house include lawn care, plumbing repairs, roof repairs, hazard insurance premiums and replacement of worn out appliances.
Further Reading
- Data processing system and method for financial debt instruments – patents.google.com [PDF]
- Data processing system and method for financial debt instruments – patents.google.com [PDF]
- Tourism potentials for financing protected areas – www.sciencedirect.com [PDF]
- On the definitions of income, expenses and profit in IFRS – www.tandfonline.com [PDF]
- Economic and Financial Costs of Saving Water and Energy: Preliminary Analysis for Hidalgo County Irrigation District No. 2 (San Juan)–Replacement of Pipeline Units … – twdl-ir.tdl.org [PDF]
- Impact exactions: Economic theory, practice, and incidence – www.jstor.org [PDF]
- A cross sectional analysis of ship maintenance expenses – papers.ssrn.com [PDF]
- A look at catastrophic medical expenses and the poor – www.healthaffairs.org [PDF]
- The economics of infrastructure finance: Public-private partnerships versus public provision – www.econstor.eu [PDF]
- DARK SIDE OF ACCOUNTABILITY OF OPERATIONAL VEHICLE MAINTENANCE EXPENSES: FRAUD IN LOCAL GOVERNMENT AGENCIES – journal.trunojoyo.ac.id [PDF]
