The moment you drive that car out of the yard, it starts losing value. And in Kenya, that’s no small deal. Because of import duty, excise duty, VAT, and other levies, which together can add up to 75% to 90% on top of a vehicle’s landed cost, a lot of a car’s price is tax.
Buying a car is a big milestone, and while it is convenient, it comes with added and ongoing expense...
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