2024 Lexus LS 500True Cost of Ownership in Kenya
416 hp twin-turbo V6. Full cost breakdown including import duty (25%), VAT (16%), insurance, fuel at KSh1.35/L, maintenance, and depreciation.
Purchase Price
$116K
Base: $80K
Annual Total
$26K
Insurance + fuel + maintenance
Import Duty
$20K
25% of base price
VAT
$16K
16% applied
Annual Insurance
$750
Avg for this country
5-Year Total
$244K
Purchase + 5yr running costs
2024 Lexus LS 500 โ Full Cost Breakdown in Kenya
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $80K |
| Import Duty (25%) | $20K |
| VAT / Sales Tax (16%) | $16K |
| Total Purchase Price | $116K |
| Annual Insurance | $750 |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $20K |
| Registration & Road Tax | $300 |
| Total Annual Running Cost | $26K |
| 5-Year Total Cost of Ownership | $244K |
| Cost Per Kilometer | $1.708 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Lexus LS 500 Fuel Cost Calculator โ Kenya
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,430
USD equivalent
Monthly Fuel Cost
$203
Per month average
Annual Liters Used
1,800L
At 15,000 km/yr
Cost per 100km
$16.20
12L ร KSh1.35
Lexus LS 500 Depreciation Curve
The Lexus LS 500 loses approximately $43K (54%) of its value over 5 years.
Year-by-Year Value
| New | $80K | 100% |
| Year 1 | $60K | 75% |
| Year 2 | $52K | 65% |
| Year 3 | $46K | 57% |
| Year 4 | $41K | 51% |
| Year 5 | $37K | 46% |
Depreciation based on luxury segment averages.
Lexus LS 500 vs. Competitors in Kenya
How does the Lexus LS 500 compare to similar cars available in Kenya?
Lexus
LS 500
Base Price
$80K
Annual Cost in Kenya
$26K
BMW
3 Series
Base Price
$45K
Annual Cost in Kenya
$12K
Mercedes-Benz
C-Class
Base Price
$47K
Annual Cost in Kenya
$13K
Audi
A4
Base Price
$44K
Annual Cost in Kenya
$12K
Annual costs estimated for Kenya market. Import duty (25%) and VAT (16%) applied to all models.
๐ฐ๐ช Owning a Car in Kenya
Used Japanese imports dominate market.
Very Expensive for Kenya
Annual car costs = 1165% of average Kenya income ($2K/yr)
Average Annual Income
$2K
In Kenya
Fuel Price
KSh1.35/L
Gasoline dominant
Avg Car Insurance
$750
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
16%
Applied at purchase
Driving Side
Left-hand
Africa
Popular Car Brands in Kenya
Lexus LS 500 in Kenya โ Frequently Asked Questions
Common questions about owning a Lexus LS 500 in Kenya.
The 2024 Lexus LS 500 has a base price of $80,000 USD. In Kenya, after 25% import duty and 16% VAT, the total purchase price is approximately $116,000 USD (KSh116,000 KES).