Lifetime Cost

Filed Under » ,
Dictionary Says

Definition of 'Lifetime Cost'

A total of all other costs relating to a good over its expected lifetime in addition to the amount paid to acquire it. These extra expenses, which usually cover costs involved with maintaining the good, often when added together over time, can be greater than the original purchase price of the underlying good.
Investopedia Says

Investopedia explains 'Lifetime Cost'

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.
Search results for

'Lifetime Cost'

  • 5 Risky Mortgage Types To Avoid

    http://www.investopedia.com/articles/mortgages-real-estate/10/5-risky-mortgage-loans.asp
    ... Term, Interest Rate, Monthly Payment, Lifetime Cost (including down payment),
    Principal(including down payment), Total Interest Paid. ...

  • The Cost Of Variable Annuity Guarantees

    http://www.investopedia.com/articles/pf/06/variableannuity.asp
    ... (To learn more, read Taking The Bite Out Of Annuity Losses.) Additional cost of
    investment: 40-65 basis points Guaranteed Lifetime Withdrawal Benefit (GLWB ...

  • A Solar-Powered Home: Will It Pay Off?

    http://www.investopedia.com/articles/mortgages-real-estate/10/solar-power-home.asp
    ... equation: LCOE ($/kWh) = Net Present Value (NPV) of the Lifetime Cost of
    Ownership ($) / Lifetime Energy Output (kWh). The useful ...

  • Wheels Of A Future Fortune

    http://www.investopedia.com/articles/pf/07/buying_cars.asp
    ... rolling the dice if you buy a new or extensively redesigned model line; no reliability
    data exists to reasonably estimate your likely lifetime cost of repairs. ...

  • Hidden Cost Of Weddings - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0212/Hidden-Cost-Of-Weddings.aspx
    ... It's a good idea to look at the cost of this insurance through multiple vendors
    so ... The Bottom Line Your wedding may be a once-in-a-lifetime event, but it doesn ...

  • Dollar-Cost Averaging Pays

    http://www.investopedia.com/articles/mutualfund/05/071305.asp
    ... to get into the habit of saving, and can really add up over the course of a lifetime
    thanks to the power of compounding. Of course, dollar-cost averaging with ...

  • Turn Small Savings Into A Big Nest Egg

    http://www.investopedia.com/articles/retirement/09/small-savings-big-nest-egg.asp
    ... meaning. A lifetime habit of impulse buying has a tremendous opportunity
    cost when you realize the power of compound interest. Most ...

  • 2 Years Of Education, A Lifetime Of Success

    http://www.investopedia.com/articles/financialcareers/09/two-year-degree-success.asp
    ... your job search, read Job Hunting in Desperate Times.) Less Debt Lifetime earnings
    are ... can get trained for in half the time, and for less than 10% of the cost. ...

  • 3 High-Pressure Home Improvement Sales Tactics - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/3-High-Pressure-Home-Improvement-Sales-Tactics.aspx
    ... Even if you are planning to sell, could you recoup the cost in the sales ... your house,
    would they say, "But this house comes with a double lifetime warranty on ...

  • Depreciation: Straight-Line Vs. Double-Declining Methods

    http://www.investopedia.com/articles/06/depreciation.asp
    ... Instead, the cost is placed as an asset onto the balance sheet and that value
    is steadily reduced over the useful lifetime of the asset. ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links