total cost of ownership

How a $1,200 Espresso Machine is Cheaper Than a $120 One

It turns out that less-expensive products aren’t always cheaper in the long run, as we found out when comparing a $529 Nexus One to a $199 (on contract) iPhone. The up-front cost is never as important as the ongoing cost.

This holds true even when comparing a $1,200 espresso machine to a $120 one.

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