Car Prices in Kenya

Magreb

Elder Lister
Is it that kuna shida na mwafrika, Mimi ndio sina pesa ana kuna a general stupidity. Kwa nini bei ya gari second hand Kenya iko juu hata kuliko bei ya new vehicles in developed jurisdictions? Take the Lexus LX for example. A 2021 brand new vehicle starts at around $89,000 maxing at $100,000( roughly Kshs. 11m) for a fully speced car. Huku Kenya, Lexus ya 2015-2016 ndio inachezea 16m.
Used European brands, considered junk in developed rich countries, fetch a premium huku. Good luck selling a used range rover in the US or a used BMW or Volkswagen in the UK. Lakini hapa Kenya, discovery ya 2014 inachezea 5m. Range Rover Vogue ya 2012 jamaa anataka karibu 10m. Sad.
 

Aviator

Elder Lister
Is it that kuna shida na mwafrika, Mimi ndio sina pesa ana kuna a general stupidity. Kwa nini bei ya gari second hand Kenya iko juu hata kuliko bei ya new vehicles in developed jurisdictions? Take the Lexus LX for example. A 2021 brand new vehicle starts at around $89,000 maxing at $100,000( roughly Kshs. 11m) for a fully speced car. Huku Kenya, Lexus ya 2015-2016 ndio inachezea 16m.
Used European brands, considered junk in developed rich countries, fetch a premium huku. Good luck selling a used range rover in the US or a used BMW or Volkswagen in the UK. Lakini hapa Kenya, discovery ya 2014 inachezea 5m. Range Rover Vogue ya 2012 jamaa anataka karibu 10m. Sad.
See this.
A 2015/12 LX 470.
CIF is 9.1m
Duty is 3.5m.
Total 12.6m.

Screenshot_20211127-203336.png
Screenshot_20211127-203448.png


Pale olx iko hivi
Screenshot_20211127-204014.png


Huyu anataka 17m.
A clean 4m profit.
That is how onion smells.
 

JazzMan

Elder Lister
Halafu na upuzi ya resale value. Unakuta Toyota Rush ya 1500cc inauzwa over 700k for a locally used unit, the price of a locally used Suzuki Escudo 2.0 or 2.4 l 4wd 06 to '12.
 

Snowball

Lister
Car importation is the government's cash cow... and by golly, they milk that cow to the last drop. I am however, not sure if I have a problem the government taxing luxury but I have a big problem when the government over-taxes food, small businesses and basic utilities like power and water. Energy is over taxed in Kenya to unsustainable levels.
 

Jug

Elder Lister
Got to do with the Taxes KRA imposes alafu ii ujinga yao ya kubase the price of a 7 year old car with that of a Brand New Car(CRSP). Alafu the fact that Local Dealership exeggarate the CRSP of the cars
 

Jug

Elder Lister
@Magreb ii maneno ya vehicle price only KRA na Local Dealers ndio wanaeza tuambia karata iinakuwanga when coming up with the CRSP. Cheki ii bei ya Forester maju ikifika hapa base model ni 3.5M ikipita kwa Tax man bei inachezea 7M. Kenya kununua an import ni hasara, heri kuchukua locally used unit
 

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Magreb

Elder Lister
@Magreb ii maneno ya vehicle price only KRA na Local Dealers ndio wanaeza tuambia karata iinakuwanga when coming up with the CRSP. Cheki ii bei ya Forester maju ikifika hapa base model ni 3.5M ikipita kwa Tax man bei inachezea 7M. Kenya kununua an import ni hasara, heri kuchukua locally used unit
A 2021 brand new fully speced outback maxes out at 3.9m huko mayolo. Huku kwetu, 2016 model ndio inaanza kupiga press ups hapo.
 
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