What is one of the items that contribute to maintenance expense?

Oil changes are a fundamental component of maintenance expenses because they are essential for the proper functioning of a vehicle. Routine oil changes help to ensure that the engine runs smoothly and efficiently by maintaining optimal lubrication, reducing friction, and removing contaminants. Neglecting regular oil changes can lead to engine wear and potential failure, resulting in higher repair costs and downtime. Therefore, including oil changes under maintenance expense reflects the ongoing investment in keeping the vehicle in good condition and prolonging its lifespan.

In contrast, new vehicle purchases represent a capital expenditure rather than a recurring maintenance cost. Insurance premiums, while necessary for vehicle operation, are categorized separately as insurance expenses. Marketing costs are also distinct from maintenance, as they pertain to promotional activities aimed at attracting customers rather than maintaining vehicle performance. Each of these other items serves different functions and is tracked under separate budget categories.