Imported car dealers have increased prices by up to Sh330,000 for some units as they pass on new taxes and currency depreciation costs to consumers in what has pushed the popular models beyond the reach of more Kenyans.
A comprehensive analysis of the impact of the new taxes on prices has revealed that the actual taxes on imported second-hand cars have jumped by an average of 14.69 percent, outpacing the 10 percent import duty increment imposed by the William Ruto administration.
