The Kenya Revenue Authority (KRA) has released the Current Retail Selling Price (CRSP) schedule for used vehicles, effective July 1, 2025, impacting the importation of Peugeot vehicles into Kenya. The CRSP serves as the basis for calculating import duties, VAT, excise duties, and other levies, influencing costs for importers, dealers, and consumers. This guide explores the 2025 CRSP schedule for Peugeot vehicles, providing insights into its implications and strategies for navigating the Kenyan automotive market as of July 1, 2025.
Understanding the KRA CRSP Schedule
The CRSP is a standardized valuation system used by the KRA to determine the customs value of imported used vehicles. This value is critical for calculating:
- Import Duty: 35% of the customs value.
- Excise Duty: 25% for engines up to 3000cc.
- 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 Peugeot vehicles includes SUVs, hatchbacks, sedans, wagons, and vans, featuring gasoline, diesel, electric, and hybrid variants. Models like the 2008, 3008, and e-Expert cater to Kenya’s demand for compact SUVs, eco-friendly vehicles, and commercial vans.
Reasons for the 2025 Update
The KRA updates the CRSP schedule to reflect:
- Currency Fluctuations: Changes in the Kenyan Shilling’s value against the Euro impact import costs.
- Market Trends: Growing demand for electric and hybrid SUVs and compact commercial vans influences pricing.
- Government Policies: Incentives for electric and hybrid vehicles, alongside tax adjustments, shape CRSP values.
- Global Factors: Rising production and shipping costs due to supply chain dynamics contribute to price updates.
This update ensures customs valuations align with Kenya’s automotive market dynamics as of July 1, 2025.
Key Highlights of the 2025 CRSP Schedule for Peugeot Vehicles
The 2025 CRSP schedule covers Peugeot’s diverse lineup, focusing on compact SUVs like the 2008, larger SUVs like the 3008, and electric models like the e-208. Below is a detailed breakdown of selected models, categorized by vehicle type, with CRSP values in Kenyan Shillings (KES).
SUVs
Model | Variant | Transmission | Drive | Engine (cc) | CRSP (KES) | Fuel Type | Seats |
---|---|---|---|---|---|---|---|
2008 | ALLURE | 6AT | – | 1200 | 5,402,393 | Petrol | – |
2008 | GT HYBRID | 6AT | – | 1200 | 6,685,782 | Electric | – |
3008 | ALLURE 1.6 THP | 6AT | – | 1600 | 6,764,812 | Petrol | – |
3008 | GT SPORT 1.6L THP AWD PHEV | 8AT | – | 1600 | 11,201,286 | Electric | – |
408 | GT PHEV | 8AT | – | 1600 | 9,185,014 | Electric | – |
Hatchbacks and Wagons
Model | Variant | Transmission | Drive | Engine (cc) | CRSP (KES) | Fuel Type | Seats |
---|---|---|---|---|---|---|---|
308 | GT | 8AT | – | 1200 | 5,942,767 | Petrol | – |
308 | GT PREMIUM | 8AT | – | 1200 | 6,820,876 | Petrol | – |
e-208 | GT | 1AT | – | 0 | 7,597,326 | Electric | – |
RIFTER | GT | AT | 2WD | 1500 | 4,304,262 | Diesel | – |
Sedans and Vans
Model | Variant | Transmission | Drive | Engine (cc) | CRSP (KES) | Fuel Type | Seats |
---|---|---|---|---|---|---|---|
508 | GT PHEV | 8AT | – | 1600 | 10,123,577 | Electric | – |
BOXER | PRO LWB | 6MT | – | 2000 | 7,366,249 | Diesel | – |
e-EXPERT | PRO LONG | 1AT | – | 0 | 10,806,137 | Electric | – |
PARTNER | PRO SHORT | 8AT | – | 1200 | 4,941,048 | Petrol | – |
Implications for the Kenyan Automotive Market
The 2025 CRSP schedule for Peugeot vehicles has significant implications for importers, dealers, and consumers, particularly in the SUV, electric, and commercial vehicle segments.
For Importers
- Premium Models: High-end models like the 3008 GT SPORT 1.6L THP AWD PHEV (KES 11,201,286) and e-EXPERT PRO LONG (KES 10,806,137) face higher import duties due to elevated CRSP values, potentially limiting import volumes.
- Eco-Friendly Options: Electric and hybrid models like the e-2008 GT (KES 7,615,902) and 308 GT HYBRID (KES 6,618,235) may qualify for tax incentives, encouraging imports.
- Depreciation Advantage: Importing older models (e.g., 2018 models with 65% depreciation) reduces customs values, making models like the 208 TECH PACK EDITION (KES 1,107,943) more viable.
For Dealers
- Pricing Strategies: High CRSP values for models like the 508 GT PHEV (KES 10,123,577) require competitive pricing or financing options to attract buyers.
- Inventory Focus: Affordable models like the PARTNER CITY SHORT (KES 4,086,581) and 208 ALLURE CIELO PACKAGE (KES 1,376,512) appeal to budget-conscious consumers, prompting dealers to prioritize these variants.
- Marketing Opportunities: Highlighting the fuel efficiency of the 2008 ALLURE, the eco-friendliness of the e-208 GT, and the versatility of the EXPERT vans can attract diverse customers.
For Consumers
- Urban Appeal: Compact SUVs like the 2008 and hatchbacks like the 308 cater to urban drivers seeking style and efficiency.
- Eco-Conscious Choices: Electric and hybrid models like the e-2008 GT and 3008 GT PREMIUM HYBRID attract buyers seeking sustainability with potential tax benefits.
- Commercial Solutions: Vans like the BOXER PRO LWB and e-EXPERT PRO LONG appeal to businesses needing reliable transport options.
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 Peugeot 2008 ALLURE (CRSP KES 5,402,393, 1200cc, 2018 model):
- Depreciation: 65% (2018 model) → Customs Value = 5,402,393 × (1 – 0.65) = KES 1,890,837
- Import Duty: 35% of 1,890,837 = KES 661,793
- Excise Duty: 25% of (1,890,837 + 661,793) = KES 638,158
- VAT: 16% of (1,890,837 + 661,793 + 638,158) = KES 510,526
- IDF: 3.5% of 1,890,837 = KES 66,179
- RDL: 2% of 1,890,837 = KES 37,817
- Total Taxes (approx.): KES 1,914,473
- Total Landed Cost: KES 1,890,837 + 1,914,473 = KES 3,805,310
This calculation illustrates how CRSP and depreciation impact the final cost of importing a vehicle.
Strategies for Navigating the New CRSP Schedule
- For Importers:
- Prioritize models like the PARTNER CITY SHORT (KES 4,086,581) or 208 TECH PACK EDITION (KES 1,107,943) to minimize tax burdens.
- Focus on electric and hybrid variants like the e-2008 GT and 308 GT HYBRID to leverage potential tax incentives.
- Source vehicles from Europe for better pricing and clear histories, leveraging reliable import agents.
- For Dealers:
- Offer financing options for premium models like the 3008 GT SPORT 1.6L THP AWD PHEV to make them accessible.
- Promote the affordability, style, and eco-friendly features of Peugeot’s lineup in marketing campaigns.
- Collaborate with customs agents to ensure accurate valuation and streamline clearance processes.
- For Consumers:
- Compare CRSP values to identify cost-effective models like the PARTNER PRO SHORT or 208 ALLURE.
- Consider electric and hybrid models for potential tax breaks and fuel savings.
- Verify chassis codes and documentation to ensure accurate valuation and avoid customs disputes.
The Future of Peugeot Vehicles in Kenya
The 2025 CRSP schedule strengthens Peugeot’s position in Kenya’s automotive market, with models like the 2008 and 3008 appealing to urban drivers, while electric models like the e-208 and e-Expert align with the push for sustainable transport. Affordable options like the Partner and 208 broaden the brand’s reach, and premium models like the 508 GT PHEV target affluent consumers. As Kenya promotes eco-friendly vehicles and its middle class grows, demand for Peugeot’s electric and hybrid models is expected to rise, potentially benefiting from tax incentives. Commercial vans like the Expert and Boxer support Kenya’s logistics sector, driven by infrastructure growth. The anticipated shift to an invoice-based valuation system by July 2025 could streamline costs, benefiting importers and consumers. Peugeot’s focus on style, efficiency, and electrification ensures competitiveness against rivals like Nissan and Mitsubishi.
The KRA’s 2025 CRSP schedule for Peugeot vehicles, effective July 1, 2025, introduces updated valuations that shape the cost of importing SUVs, hatchbacks, and commercial vans. By understanding these changes, importers, dealers, and consumers can make informed decisions in Kenya’s dynamic automotive market. From the stylish 2008 to the eco-friendly e-Expert and versatile Boxer, Peugeot offers a vehicle for every lifestyle and need. Stay proactive, verify valuations, and adopt strategic planning to thrive in this competitive landscape.