The average price of a car in Kenya has gone up 72% in the past two years, driven by higher import costs and KRA's new vehicle valuation schedule.
For example, a Toyota Vitz (1300cc) now costs about Sh1.5 million, up from Sh1.3 million.
Rising import duties, higher KRA valuation schedules on Current Retail Selling Price (CRSP), and strict 8-year age limits has driven the sharp rise.