-
The Kenya Revenue Authority (KRA) has implemented a revised taxation framework for calculating duties on imported used cars.
-
KRA stated that the revised timetable will commence on July 1, 2025, following comprehensive consultations with stakeholders.
-
In an exclusive interview with .co.ke, car dealership owner Joseph Kairu Wambui observed a significant rise in the cost of imported second-hand vehicles following the implementation of the new schedule.
Wycliffe Musalia boasts more than six years of expertise in areas such as finance, business, technology, climate, and health reporting. His work offers significant understanding of both Kenya’s and international economic patterns. Presently, he serves as a business editor.
.co.ke
.
Kenyan citizens might soon find themselves needing to pay more for purchasing second-hand imported cars.
The Kenya Revenue Authority (KRA) has declared modifications to the Current Retail Selling Price (CRSP) schedule utilized for calculating customs values.
What is the updated timetable for second-hand vehicles that have been imported?
Lilian Nyawanda, the KRA Commissioner responsible for Customs and Border Control, has stated that the updated schedule will come into force on July 1, 2025.
The Kenya Revenue Authority (KRA) has announced that starting July 1, 2025, a revised Current Retail Selling Price (CRSP) schedule will come into effect for calculating the custom values of second-hand cars being brought into the nation,” stated Nyawanda in an announcement released on Friday, May 30.
Nyawanda mentioned that the new schedules were created after thorough consultations with various stakeholders.
Could the updated tax schedule influence vehicle pricing?
During an exclusive interview with
.co.ke
Car dealership owner Joseph Kairu Wambui, widely recognized as Khalif Kairo, pointed out that the revised timetables will drive up costs for used cars brought in from abroad.
Kairo pointed out that raising the customs value would increase taxes, which might force importers and dealers to recuperate additional expenses via higher selling prices.
“Higher taxes represent additional expenses for importers and dealers, which they may choose to transfer to customers. As a result, car prices will undoubtedly rise,” stated Kairo.
What are the updated tariff regulations for imported used vehicles?
The authorities mentioned that the updated Current Retail Selling Price (CRSP) list can be found on their website, urging importers and relevant parties to review it thoroughly.
The CRSP for popular models such as the Nissan Note X E-Power will be KSh 3.2 million, the Nissan Note X (KSh 3.7 million), and the Honda Fit Hybrid F (KSh 2.9 million).
Toyota produces vehicles such as the Toyota Passo Moda (KSh 2.6 million), Toyota Prius S (KSh 5.7 million), and Toyota Vitz F (KSh 3.4 million).
Pre-owned vehicle costs in Kenya
The price for used cars in Kenya has dropped due to the strong performance of the shilling.
In 2024, the cost of second-hand imports decreased as dealers reported higher sales volumes.
The price of a pre-owned Subaru Outback 2017 has decreased to KSh 2.5 million from KSh 3 million, whereas the cost of a Nissan Note has fallen from KSh 1 million to KSh 850,000.
Other cars such as the Mercedes-Benz C200 saw their prices fall from KSh 3.5 million down to KSh 3 million, indicating a reduction of KSh 500,000 in cost.
