Quote:
Originally Posted by bluestreak
That’s not what a grey dealer is. A grey dealer is someone who sells a new watch through a non-authorized dealer. It’s a legit purchase and not stolen (so it’s not black market) and it’s not an official channel (white market), hence, grey market.
Grey market dealers have been around forever in all kinds of industries. I’ve bought a grey market Nikon before, for instance. In almost all instances, grey market is cheaper than official channels. Part of this reason is that the product hasn’t been activated through official channels and therefore doesn’t come with a manufacturer’s warranty.
All these sellers referred to as greys are almost all used watch dealers. The are selling a watch that has been activated. These purchases usually come with remaining warranty. I’m not even sure how a watch goes out without having the purchased registered, so I think technically all the watches may be pre-owned.
People use the term incorrectly all the time.
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In the UK motorcycle world grey referred to imported bikes usually from Japan not by the official importer.