What is black market and grey market?"Black market typically involves transactions outside of the official economy (either not paying taxes or dealing with illegal goods or services), whereas gray market is more about diversion or counterfeiting," notes Krisa Drost. ... Counterfeit goods are fake products designed to look like genuine goods.Gray Market vs. Black Market | April 2011 | Inside Dentistry
Are grey market watches authentic?Gray Market watches are authentic products that are sold through an unauthorized source. Watches purchased from a gray market source will not include a factory warranty and resale values will be lower than a watch purchased from an authorized retailer.Grey & Off-Market Watches | Watch Education - Govberg Jewelers
Why is it called a GREY import?Beware of Grey Imports A "grey import" is a product that has been imported from a country outside of the EU and therefore outside of the manufacturers authorised trading channels.UK Stock only. No Grey Imports - Jessops
Why are parallel imports cheaper?Parallel import cars are cheaper They need stunning showrooms, a huge staff, marketing activities, etc. The cost of those overheads is factored into their car prices.Dec 12, 2018Parallel Import Cars vs Cars from Authorised Dealers in Singapore
Are imported cars worth less?However you should also keep in mind that most imported cars will decrease in resale value and the money that you save by purchasing one of these cars could be affected by the exchange rate. You may also have some difficulties with the warranty specifications as well.Buying An Imported Car - A UK Guide | Lifesure Group
Why are grey imports cheaper?Grey imports may be significantly cheaper than UK stock products. There are differences in the costs of running a business in the UK compared to other parts of the world – labour costs, regulatory costs etc. This includes the costs of providing after sales support, warranty repairs and so on.Jul 8, 2016Grey Imports: What Are They, And Should You Care?
Why does the 25-year rule exist?It essentially bans the personal import of any foreign vehicle not intended for the American market. ... The 25-year rule represented a compromise: collectors could still have their cars, but the average American was going to need to buy something the government and manufacturers could assure was safe for American roads.Feb 14, 2019The 25-Year Rule: Antique Car Imports - Clearit USA
Are import cars allowed in South Africa?You can only import a second-hand vehicle into South Africa if you have been granted a permit to do so. The importation of used vehicles is restricted to protect the local motor vehicle manufacturing industry. Permits are only issued under specifically defined circumstances.Importing a second-hand or used vehicle | South African Government
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