All articles tagged with #maintenance costs
3-cylinder engines are more fuel-efficient and lighter than 4-cylinder engines, making them ideal for compact vehicles, but they tend to have rougher idling and less power at high speeds. They also have fewer parts, which can reduce maintenance costs, but may not provide the smoothness or acceleration some drivers desire.
Experts warn that luxury cars like Land Rover, Maserati, and BMW often come with high maintenance costs and depreciation, making their monthly payments potentially not worth the true long-term ownership expenses. Buyers should consider total ownership costs beyond sticker price before purchasing luxury vehicles.
The U.S. government is seeking permission to sell a $230 million yacht seized from Russian billionaire Suleiman Kerimov, citing nearly $1 million monthly maintenance costs. The legal battle over the yacht highlights the challenges of seizing and selling assets owned by Russian oligarchs, with similar disputes involving other billionaires' assets. The government alleges that Kerimov disguised his ownership of the yacht through shell companies, while attorneys for another ex-Rosneft CEO claim ownership and object to the rushed sale. The proceeds from any potential sale would be held while the ownership and forfeiture battle continues in court.
A $120 million Russian megayacht, the Alfa Nero, seized by the Antigua and Barbuda government and linked to a Russian billionaire, is costing taxpayers in the small Caribbean nation $28,000 per week to maintain. The yacht has been docked in Antigua's Falmouth Harbor for 19 months, and despite attempts to auction it off, a legal action has prevented the sale. The maintenance costs include the salary of an Italian captain and daily expenses for diesel to keep the air conditioning running. The yacht's presence has become a financial burden for the country's residents.
Movie theaters face high costs to maintain and upgrade their equipment, including digital projectors, servers, Xenon bulbs, screens, and sound systems. Theaters must choose between upgrading to costly laser projectors, installing premium large-format screens, continually performing maintenance on aging machines, or sacrificing quality altogether. The costs are especially challenging for larger circuits with hundreds or thousands of screens. Despite the high costs, many theaters are investing in upgrades to provide a better moviegoing experience and attract audiences back to the theaters.