Kenya’s vehicle market enters a new KSh 1 million pricing reality, Jiji data reveals

The vehicle market has entered a new pricing reality, according to data by Jiji Kenya. The data shows that average vehicle listing prices have risen significantly over the past two years from approximately KSh 797,000 in 2024 to KSh 1.37 million in 2026.
The increase reflects a significant change in Kenya’s vehicle market, with buyers navigating higher costs while seeking reliable vehicles at fair prices. As prices rise, consumers are becoming more deliberate in comparing options, researching market value, and looking for ways to maximise their purchasing power. Despite the overall increase, about half of all vehicle listings on Jiji remain below KSh 2 million, demonstrating that buyers still have access to a wide range of vehicles across different price points.
As buyers place greater emphasis on value, they’re increasingly turning to alternatives that offer more choice and price visibility. Direct-to-owner marketplaces top this as they enable consumers to compare car options across models, price points, and locations, while connecting them directly with sellers. This gives buyers greater confidence as they navigate one of their largest financial commitments.
This trend towards more informed decision-making is also being shaped by Kenya’s growing automotive culture. Online communities and content creators are driving interest in vehicle ownership, maintenance, and buying decisions through reviews, comparisons, and ownership experiences across platforms such as TikTok, Instagram, YouTube, and Facebook.
In June 2026, Nairobi’s maximum retail price for petrol was KSh 214.03 per litre, while diesel was KSh 222.86 per litre, according to the Energy and Petroleum Regulatory Authority (EPRA). This wider cost environment makes factors such as fuel efficiency and long-term running costs increasingly relevant when consumers compare vehicles.
Changes affecting the cost of imported used vehicles are also influencing the market. In July 2025, the Kenya Revenue Authority introduced a new Current Retail Selling Price (CRSP) schedule for used motor vehicles. This is used in the computation of customs value for imported cars and other vehicle types. Against this backdrop, pre-owned vehicles remain an attractive option for many buyers, offering access to a wider range of models at different price points.
Jiji’s data further shows that the median listing price for locally used vehicles has moved from just under KSh 1 million to just over it, reinforcing the emergence of a new KSh 1 million benchmark in Kenya’s vehicle market. By comparison, foreign-used vehicles have an average listing price of approximately KSh 4.5 million. Locally used vehicles, on the other hand, average about KSh 1.5 million, making imported models nearly three times more expensive on average. Across all vehicle listings on the platform, the average asking price stands at approximately KSh 2.5 million, which reflects the broad mix of vehicles available in the market.
Among all vehicle listings on Jiji, the Toyota Prado remains the most listed model, accounting for just over 5% of all listings. This underscores its continued popularity among Kenyan buyers and sellers.
One Jiji buyer said:
“Nilikua na specific budget, but I didn’t want to rush kubuy the first vehicle I found. Nilicompare different models na prices online, which helped me understand what was available kwa market. Doing so ikanifanya nimake a more informed decision.”
– Frank, Buyer on Jiji
Another factor influencing how consumers shop for vehicles is Mobile-first technology. It allows them to conveniently research prices, compare options, and connect with sellers online on platforms like Jiji, before completing transactions offline.
According to the Communications Authority of Kenya, mobile subscriptions reached 84.1 million as at March 2026, with mobile penetration reaching 157.7%. The continued expansion of mobile connectivity is making digital platforms like Jiji an increasingly important part of how Kenyans access information, discover products, and make purchasing decisions.
Speaking on the findings, Maxim Makarchuk, COO, Jiji Africa, said:
“Vehicle ownership remains deeply embedded in Kenya’s economic and social aspirations. As the market matures, the opportunity doesn’t just stop at selling more vehicles, but making the entire ecosystem more efficient. Improving how people discover, evaluate, exchange, and ultimately unlock value from vehicles. Digital marketplaces are central to this transformation in this category. When we bring greater visibility, choice, and connectivity to the market, we can help ensure that more value remains within the economy and assets continue to serve people productively throughout their lifecycle.”
– Maxim Makarchuk, COO, Jiji Africa
As Kenya’s vehicle market continues to evolve, greater access to information, choice, and direct connections will play a significant role in helping buyers and sellers navigate the changing economics of vehicle ownership.
Read Also : KCB, Subaru Kenya Launch 12-Month Credit Card Financing for Vehicle Servicing and Parts
About Soko Directory Team
Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory
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