On Tue, Jan 19, 2010 at 2:53 PM, Calvin Omari <calvinebarongo@gmail.com> wrote:

They will not be in business if they weren't, look at this scenario, This guys get a toyota vitz from japan or Thailand or wherever at 3000 USD i.e cost freight and insurance, and then they apy 16% vat of the value of which kra will decide (they are usually businesss alies and they give them very good rates I suspect 6%) plus other charges which makes  a toal of around 60% of its original cost hence the car will cost 4800 USD and then they will sell it at 7300 USD a profit of 2500 USD  another vehicle they still hire those cars awaiting sell at arate of 1500 KEs perday?????

@Calvin, you right. So that Toyota Vitz has gone up by 40-60% ?  Hmmm... but why would they not be in business if they sold cars cheaper, made less but worked on turn-over numbers to get realistic profits?  I've got to dig more into this car thing. Wacha mambo za ICT, ati programming, ati closed source na open source na kadhalika...... Meaning on a freelance basis, one could sell 2 cars a month and cleanly get 250,000/-, less ofcourse some minor expenses? Interesting prospectives...