Kenya intends to restrict importation of second-hand cars to newer vehicles in order to boost the domestic automatic sector and in turn reduce the dominance of the used car market.

According to a draft policy proposal released by the government of Kenya, the government now intends, by 2021, to restrict importation of cars and vehicles that are three years old or newer. Vehicles with an engine capacity of 1500 cubic centimetres and below will be exempted from the new three years age limit, to keep certain model within the reach of first-time buyers who are unable to afford more. Companies that locally assembled cars will also receive financial incentives and other benefits.

The target is to progressively and logically knock down and replace the used vehicles and used part of over 80 percent in the market with new products that are manufactured and assembled in Kenya.

 

Source : venturesafrica.com