Finance & Investment Market Updates

KRA’s New CRSP for Jaguar Vehicles in Kenya 2025: Everything You Need to Know

Jaguar F-type

The Kenya Revenue Authority (KRA) has introduced an updated Current Retail Selling Price (CRSP) schedule for used motor vehicles, effective July 1, 2025, significantly impacting the importation of Jaguar vehicles into Kenya. This schedule determines the customs value for calculating import duties, VAT, excise duties, and other levies, affecting costs for importers, dealers, and consumers.

Understanding the KRA CRSP Schedule

The CRSP is a standardized valuation tool used by the KRA to establish the customs value of imported used vehicles. This value forms the basis for calculating:

  • Import Duty: 35% of the customs value.
  • Excise Duty: 25% for engines up to 3000cc, 35% for engines above 3000cc (e.g., 5000cc models).
  • VAT: 16% of (customs value + import duty + excise duty).
  • Import Declaration Fee (IDF): 3.5% of the customs value (minimum KES 5,000).
  • Railway Development Levy (RDL): 2% of the customs value.

The 2025 CRSP schedule for Jaguar vehicles covers a premium lineup, including sedans, wagons, coupes, convertibles, and electric vehicles (EVs), such as the XF, F-PACE, E-PACE, F-TYPE, and I-PACE. These vehicles cater to Kenya’s luxury and performance car market, with fuel types including diesel, gasoline, hybrid, and electric.

Reasons for the 2025 Update

The KRA updates the CRSP schedule to reflect:

  • Currency fluctuations: The Kenyan Shilling’s value against the British Pound and other currencies impacts import costs.
  • Market demand: Growing interest in luxury SUVs and electric vehicles like the I-PACE influences pricing.
  • Government policies: Incentives for eco-friendly vehicles (e.g., EVs and hybrids) and tax revenue adjustments shape CRSP values.
  • Global economic factors: Rising production and shipping costs due to supply chain dynamics contribute to price updates.

This update ensures customs valuations align with Kenya’s luxury automotive market as of July 1, 2025.

Key Highlights of the 2025 CRSP Schedule for Jaguar Vehicles

The 2025 CRSP schedule includes Jaguar’s premium models, ranging from the XF sedan and sportbrake to the high-performance F-TYPE and eco-friendly I-PACE. Below is a detailed breakdown of selected models, categorized by vehicle type, with CRSP values in Kenyan Shillings (KES).

Sedans

ModelVariantTransmissionDriveEngine (cc)CRSP (KES)Fuel Type
XF PRESTIGESAJBB4AX8LCY8AT2WD20008,072,370Gasoline
XJ R-SPORTSAJKC1682J8W1AT2WD300011,335,725Gasoline
XJ PREMIUM LUXURYCBA-J128BAT2WD300014,520,753Gasoline

Wagons

ModelVariantTransmissionDriveEngine (cc)CRSP (KES)Fuel Type
XF SPORTBRAKE R-SPORTSAJBA2AN9LCY8AT2WD200010,642,843Diesel
XF SPORTBRAKE PRESTIGESAJBB2AN4JCY6AT2WD200011,285,140Diesel
F-PACE S P2503BA-DC2XCAT4WD200012,189,182Gasoline
F-PACE S D200SADCA2AN6PA71AT4WD200013,725,721Hybrid
F-PACE R-DYNAMIC SE D200PA71AT4WD199013,760,851Gasoline
F-PACE PRESTIGESADCA2AX7KA60AT4WD200010,401,679Gasoline
F-PACE SVR JAPAN SV EDITION7BA-DC5SCAT4WD200022,947,618Gasoline
E-PACE BASE GRADE 180PSSADFA2AN8J1Z3AT4WD20009,225,566Diesel
E-PACE R-DYNAMIC SE D200SADFA2AN6P103AT4WD20008,945,126Hybrid

Coupes and Convertibles

ModelVariantTransmissionDriveEngine (cc)CRSP (KES)Fuel Type
F-TYPE R-DYNAMIC COUPE3BA-J60XCAT2WD200019,301,850Gasoline
F-TYPE HERITAGE 60 EDITION3BA-J60MCAT4WD500057,520,674Gasoline
F-TYPE R-DYNAMIC CONVERTIBLESAJDB5AX0PCK8AT2WD200018,241,858Gasoline
F-TYPE R75 COUPE P5753BA-J60MCAT4WD200039,922,692Gasoline
F-TYPE R AWD COUPESAJDA1AE2KCK6AT4WD500033,887,536Gasoline

Electric Vehicles (EVs)

ModelVariantTransmissionDriveEngineCRSP (KES)Fuel Type
I-PACE HSESADHA2A19L1F7AT4WDEV15,090,143Electric
I-PACE FIRST EDITIONZAA-DH1AAAT4WDEV12,343,122Electric
I-PACE BLACK EDITIONZAA-DH1CAAT4WDEV13,340,191Electric

Implications for the Kenyan Automotive Market

The 2025 CRSP schedule for Jaguar vehicles has significant implications for importers, dealers, and consumers in Kenya’s luxury vehicle segment.

For Importers

  • Premium Models: High CRSP values for models like the F-TYPE HERITAGE 60 EDITION (KES 57,520,674) and F-TYPE R75 COUPE P575 (KES 39,922,692) result in substantial import duties, potentially limiting import volumes for ultra-luxury vehicles.
  • Eco-Friendly Focus: Electric models like the I-PACE HSE (KES 15,090,143) and hybrids like the F-PACE S D200 (KES 13,725,721) benefit from potential tax incentives, encouraging importers to prioritize these vehicles.
  • Depreciation Benefits: Importing older models (e.g., 2018 models with 65% depreciation) can significantly reduce customs values, making vehicles like the XF PRESTIGE more cost-effective.

For Dealers

  • Pricing Adjustments: High CRSP values for premium models like the F-TYPE R AWD COUPE (KES 33,887,536) and F-PACE SVR (KES 27,696,563) will increase retail prices, requiring strategic pricing to attract buyers.
  • Inventory Focus: Affordable models like the XF PRESTIGE (KES 8,072,370) and E-PACE R-DYNAMIC SE D200 (KES 8,945,126) appeal to budget-conscious luxury buyers, prompting dealers to stock these variants.
  • Marketing Strategies: Emphasizing the performance of F-TYPE models and the eco-friendliness of I-PACE EVs can attract high-end buyers and environmentally conscious consumers.

For Consumers

  • Affordability Options: Models like the XF PRESTIGE (KES 8,072,370) and E-PACE S 250PS (KES 8,676,598) offer accessible entry points into the Jaguar brand.
  • Luxury and Performance: High-performance models like the F-TYPE HERITAGE 60 EDITION and F-PACE SVR cater to enthusiasts, though high CRSP values may limit accessibility.
  • Eco-Friendly Appeal: EVs like the I-PACE and hybrids like the F-PACE S D200 are attractive for buyers seeking sustainable luxury options with potential tax benefits.

How CRSP Affects Customs Valuation

The CRSP determines the customs value, adjusted for depreciation based on vehicle age (e.g., 65% for 2018 models in 2025). The customs value is used to calculate taxes and levies.

Example Calculation for Jaguar XF PRESTIGE (CRSP KES 8,072,370, 2000cc, 2018 model):

  • Depreciation: 65% (2018 model) → Customs Value = 8,072,370 × (1 – 0.65) = KES 2,825,330
  • Import Duty: 35% of 2,825,330 = KES 988,866
  • Excise Duty: 25% of (2,825,330 + 988,866) = KES 953,549
  • VAT: 16% of (2,825,330 + 988,866 + 953,549) = KES 762,839
  • IDF: 3.5% of 2,825,330 = KES 98,887
  • RDL: 2% of 2,825,330 = KES 56,507
  • Total Taxes (approx.): KES 2,860,648
  • Total Landed Cost: KES 2,825,330 + 2,860,648 = KES 5,685,978

This calculation illustrates how CRSP and depreciation impact the final cost of importing a vehicle.

Strategies for Navigating the New CRSP Schedule

  1. For Importers:
    • Focus on importing affordable models like the XF PRESTIGE or E-PACE S 250PS to minimize tax burdens.
    • Prioritize EVs and hybrids like the I-PACE and F-PACE S D200 to leverage potential tax incentives for eco-friendly vehicles.
    • Source vehicles from markets with favorable exchange rates, such as the UK, to offset high CRSP values.
  2. For Dealers:
    • Offer financing options for premium models like the F-TYPE HERITAGE 60 EDITION and F-PACE SVR to make them accessible to luxury buyers.
    • Promote the fuel efficiency and sustainability of I-PACE EVs and hybrid models in marketing campaigns.
    • Partner with customs agents to ensure accurate valuation and streamline clearance processes.
  3. For Consumers:
    • Compare CRSP values to identify cost-effective models like the XF PRESTIGE or E-PACE R-DYNAMIC SE D200.
    • Consider EVs and hybrids for potential tax breaks and long-term fuel savings.
    • Verify chassis codes and documentation to ensure accurate valuation and avoid disputes during customs clearance.

The Future of Jaguar Vehicles in Kenya

The 2025 CRSP schedule reinforces Jaguar’s position in Kenya’s luxury vehicle market, with models like the F-TYPE, F-PACE, and I-PACE catering to performance enthusiasts and eco-conscious buyers. Affordable options like the XF PRESTIGE and E-PACE series broaden the brand’s appeal, while high-performance models like the F-TYPE HERITAGE 60 EDITION target niche luxury buyers. As Kenya promotes sustainable transport and expands its luxury market, demand for Jaguar’s EVs and hybrids is expected to grow, though high CRSP values for premium models may shift focus to more accessible variants. The planned shift to an invoice-based valuation system by July 2025 could streamline costs, benefiting importers and consumers.

The KRA’s 2025 CRSP schedule for Jaguar vehicles, effective July 1, 2025, introduces updated valuations that impact the cost of importing luxury sedans, wagons, coupes, convertibles, and EVs. By understanding these changes, importers, dealers, and consumers can make informed decisions to navigate Kenya’s luxury automotive market. From the accessible XF PRESTIGE to the high-performance F-TYPE and eco-friendly I-PACE, Jaguar offers diverse options for premium buyers. Stay proactive, verify valuations, and adopt strategic planning to thrive in this dynamic landscape.