And you wonder why all the available pieces of land next to major Nairobi roads are being converted into car bazaars? I know somebody who spent 900k on a vehicle and sold it for 1.6M!!! Mainly cause of the color:-) Off course this was a one off but ....an apple never falls far away from the tree.<br>
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<div class="gmail_quote">On Tue, Jan 19, 2010 at 3:15 PM, aki <span dir="ltr">&lt;<a href="mailto:aki275@googlemail.com">aki275@googlemail.com</a>&gt;</span> wrote:<br>
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<div class="gmail_quote">On Tue, Jan 19, 2010 at 2:53 PM, Calvin Omari <span dir="ltr">&lt;<a href="mailto:calvinebarongo@gmail.com" target="_blank">calvinebarongo@gmail.com</a>&gt;</span> wrote:<br>
<blockquote style="BORDER-LEFT: #ccc 1px solid; MARGIN: 0px 0px 0px 0.8ex; PADDING-LEFT: 1ex" class="gmail_quote">They will not be in business if they weren&#39;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?????<br>
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<div class="gmail_quote">@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&#39;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...</div>

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