For example, outgoing cash flows do not stop once you buy a car. Consider the costs involved with weekly gas fill ups, periodic oil changes and other types of maintenance, such as roadside assistance, car washes and insurance payments. One can easily spend considerably more than the car's purchase value.
Consumers should be wise to examine the impact of incurring the annual portion of a good's lifetime cost on their budget before committing to a purchase.
Investment dictionary. Academic. 2012.
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