Used car prices rally on shortage, dollar strength

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Imported used cars at the port of Mombasa on April 8, 2022. PHOTO | WACHIRA MWANGI | NMG

Prices of used vehicles such as Subaru Impreza, Toyota Vitz and Volkswagen Golf have increased by hundreds of thousands of shillings on scarcity and weakening of the local currency.

The rally has cut sales for roadside car dealers and priced out a large section of professionals and small business owners who are major customers of second-hand cars.

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