This archive report was first published on 26 June 2021.
5 Reasons Why Many Middle-Class Kenyans are Driving to Work ¶
Published on June 26, 2021
Even with fuel prices escalating every other day, Kenyans are still buying new cars. The buying trends show a good amount of vehicles sold every month, even with the pandemic.
Not surprisingly, the middle-class Kenyans are not feeling the pinch of the hard times of this pandemic. Instead, they have realized the effectiveness of owning a car exceeds its luxurious effect.
Some are looking for small, compact, but efficient cars that fit their style, while others require a luxurious auto. After talking to some middle-class car owners, we learned why this breed of Kenyans owns cars daily.
Top 5 Reasons ¶
- 1. Cars are pretty affordable now than in the past In recent years, cars were owned by a small percentage of well-off Kenyans who could afford them. Today, most Kenyans can afford to buy and maintain a business car that doubles as a family car.
- 2. Easy importation process With the access to slightly used cars from Japan, the importation process is also straightforward. It only requires you to choose your type of car, the features you need and contract a car importation company.
- 3. To avoid the matatu madness The public transport is not the best in our country, especially if you are using the crazy matatus to and from work daily. You are subjected to unforeseen high prices, lateness, and harassment every day.
- 4. Easy Access to loans In Kenya today, many financial institutions are willing to give loans to Kenyans. Saccos, banks, chamas, etc., are all giving out loans to its members.
- 5. High level of increased spending power Kenyans are making money day and night. Most of the middle-class people do not only rely on a salary or one business. Many of them have side hustles and multiple companies, bringing them a good return.
