what are maintenance expenses 
the term maintenance expense refers to any cost incurred by an individual or business to keep their assets in good working condition these costs may be spent for the general maintenance of items like running anti virus software on computer systems or they may be used for repairs such as fixing a car or machinery these expenses are in addition to the actual purchase price of an asset so individuals and companies should be able and willing to foot the bill in order to keep their assets in running order understanding maintenance expensesconsumers who purchase assets should expect to pay maintenance expenses at some point in the future if they want to use them over a period of time as mentioned earlier these costs are incurred in order to keep an individual or company s assets in good working order 