Second hand cars price shocker as imports drop by Sh26bn

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GRAPHIC | GENNEVIEVE AWINO | NMG

The cost of second-hand cars has shot up by up to Sh600,000 in the last four months, fresh data shows, driving them out of reach for more Kenyans.

Industry data shows that the prices of second-hand cars manufactured between 2016 and 2017 have jumped significantly, pointing to the rising cost of ordering the units from abroad that has cut expenditure on motor vehicle imports by double-digits for the second year in a row.

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