Prices of imported used cars to drop on strong shilling

Second-hand imported cars at a yard in Changamwe, Mombasa. 

Photo credit: File | Nation Media Group

Prices of imported used cars are projected to drop by at least Sh100,000 from June amid the strengthening of the shilling, a rare relief to buyers who have for months grappled with a spike in the cost of the automobiles.

Dealers say the anticipated price falls, will vary depending on the model of the car.

PAYE Tax Calculator

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