Used car prices jump up to 30pc in three months

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

Used car prices in Kenya have jumped by up to 30 percent over the past three months on weak shilling, scarcity of vehicles and rising shipping costs, pushing low-range types such as Vitz above the Sh1.2 million mark.

Popular 2015 Japanese models such as Toyota Harrier, Toyota Fielder and Toyota Premio and Nissan Sylphy have gone up by between Sh150,000 and Sh400,000 since April, according to data from Kenya Auto Bazaar Association, which represents used car dealers.

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