Import vehicle prices rise sharply on higher taxes

Second hand cars being offloaded from a Cargo Ship at the Port of Mombasa in this photo taken on July 7, 2021.

Photo credit: File | Nation Media Group

The prices of several models of imported second-hand vehicles have risen as high as Sh429,000 due to the controversial computation of import duty, hitting buyers who are now forced to dig deeper into their pockets.

For example, the cost of a Honda Insight 2019 model with a 1500cc engine has jumped to Sh2.6 million from an average of Sh2.2 million, after its duty charge rose to Sh791,000 from Sh362,000.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.