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Convertible

Ferrari 488 Spider

3900cc · Gasoline · AT · Convertible

CRSP Value

KES 169,392,520

July 2025

Based on the official KRA CRSP list (July 2025) · figures reviewed July 2025

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KRA Duty by Year of Manufacture

Tap any year for the full breakdown. Valid years under Kenya's 8-year rule — cars before 2018 cannot be imported.

Year Age Depreciation Customs Value Total Duty
2026 New 0% KES 69,227,398 KES 53,824,302
2025 1 yr 0% KES 69,227,398 KES 53,824,302
2024 2 yrs 20% KES 55,381,918 KES 43,059,442
2023 3 yrs 30% KES 48,459,179 KES 37,677,011
2022 4 yrs 40% KES 41,536,439 KES 32,294,581
2021 5 yrs 50% KES 34,613,699 KES 26,912,151
2020 6 yrs 55% KES 31,152,329 KES 24,220,936
2019 7 yrs 60% KES 27,690,959 KES 21,529,721
2018 8 yrs 65% KES 24,229,589 KES 18,838,506

How KRA calculated this

CRSP (KES 169,392,520) ÷ 2.4469 = pre-depreciation value
× (1 − depreciation) = Customs Value
CV × 25% = Import Duty  ·  (CV+ID) × 20% = Excise Duty
(CV+ID+ED) × 16% = VAT  ·  CV × 2.25% = IDF  ·  CV × 1.5% = RDL

Frequently asked questions

How much is import duty on a Ferrari 488 Spider in Kenya?

KRA import duty on a Ferrari 488 Spider depends on its year of manufacture. Based on the CRSP value of KES 169,392,520, total duty ranges from about KES 18,838,506 for a 2018 model to KES 53,824,302 for a 2026 model — typically 60–90% of the customs value once Import Duty, Excise, VAT, IDF and RDL are added. See the year-by-year table above for the exact figure.

What is the CRSP value of the Ferrari 488 Spider?

The official KRA CRSP (Current Retail Selling Price) for the Ferrari 488 Spider is KES 169,392,520, as listed in the KRA CRSP schedule dated July 2025. This CRSP is the basis KRA uses to calculate the customs value and import duty.

Can I import a Ferrari 488 Spider older than 8 years?

No. Under Kenya's 8-year rule, KRA does not allow the import of vehicles more than 8 years old. In 2026, the oldest Ferrari 488 Spider you can import is a 2018 model.

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