23rd January 2019
Importation of Motor Vehicles - Proposed Age Limit Reduction
I would like to take this opportunity to wish all our valued customers a very happy and prosperous New Year and thank you once again for your continued support during 2018.
Last year was a challenging year for the transport industry, however the year finished reasonably well and we are very optimistic that 2019 will present ever greater opportunities. There is however a potential issue looming and unless we act quickly it could have a detrimental impact on all our businesses this year.
Recent articles in the press would seem to indicate that proposals are in place to reduce the age limit on imported Motor Cars into Kenya and whilst the official endorsement is still to be gazetted, as from July 2019 the age limit for imported second-hand cars would drop from eight to five years. Furthermore, rumours would suggest that all motor vehicles, including trucks, could become subject to a similar restriction.
A recent feature in Kenya’s Business Daily stated that Kenyan Trade secretary, Mr Peter Munya, has directed the Kenya Bureau of Standards (KEBs) to draft legal amendments lowering the age limit on all imported second hand cars, which could pave the way for implementation of an official enforcement of the changes after the Kenyan Treasury Budget presentation in June 2019.
If this proposed change in the law was extended to include trucks, this would have a significant impact on pricing and attract huge increases in related importation duty.
To potentially avoid the buying of significantly more expensive and technologically advanced trucks, we strongly advise all our esteemed and valued customers to review their fleet requirements for 2019 and take full advantage of the range of Mercedes Benz Axor and Actros MP3 tractor units that we currently have available for immediate shipment.
For the latest stock availability and the best pricing, please do not hesitate to contact us.
You can also view and download our latest Mercedes stock update by clicking here.
CONTACT: Gary Hyde
Tel: +44 (0) 1430 871010