Average car imports cost dips below Sh1m
8 days ago, 09:10
The average cost of imported cars in Kenya slid 15.2 per cent to Sh931,815 per unit in the nine months to September 2017, indicating a shift by buyers towards budget vehicles. Official data shows that the country shipped in 65,249 units of vehicles at a cost of Sh60.8 billion between January-September, translating to an average of Sh931,815 per unit. In a similar period of 2016, Kenya imported 59,700 vehicles, which was nine per cent fewer units than last year’s but at a steeper cost of Sh64.1 b ...
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