Business Daily | by John Mutua
The price of second-hand cars has increased by up to 29 percent or Sh500,000 due to a rise in the cost of buying and shipping automobiles from Japan.
Car importers say purchase prices in Japan, the major source of most used vehicles, increased by between $1,000 (Sh108,200) and $1,500 (Sh162,200). The dealers attribute this to tougher economic conditions that have caused people to…
