Wealthy Kenyans sell luxury vehicles as Covid hits incomes

Toyota Land Cruiser Prado

Toyota Land Cruiser Prado (Land Cruiser 150). PHOTO | POOL

Photo credit: Pool | Nation Media Group

Wealthy Kenyans have been racing to dispose of their high-end cars in the wake of Covid-19 economic hardships, online listing of vehicle sales shows.

Findings of a Tifa Research survey released on Wednesday show that 34.4 per cent of the 151,000 cars listed for sale on Cheki — a car selling website — are sports utility vehicles (SUVs) and four-wheel drive models that are associated with the rich and middle class Kenyans.

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