The average car price in Kenya has surged by 72 percent in the last two years, reaching Sh1.37 million, making vehicle ownership significantly more costly for many. This sharp increase is largely attributed to new import cost calculations.

• The average listing price rose from Sh797,000 in 2024 to Sh1.37 million this year.
• The Kenya Revenue Authority (KRA) introduced a new Current Retail Selling Price (CRSP) schedule, impacting the valuation of imported used vehicles.
• Despite the price hikes, pre-owned vehicles continue to be a popular choice for buyers seeking more affordable options.