Grey Market Vehicle Imports
What is a grey market vehicle? According to Wikipedia - Grey import vehicles are new or used motor vehicles and motorcycles...
What is a grey market vehicle? According to Wikipedia - Grey import vehicles are new or used motor vehicles and motorcycles legally imported from another country through channels other than the maker's official distribution system. The synonymous term parallel import is sometimes substituted.[1][2] Car makers frequently arbitrage markets, setting the price according to local market conditions so the same vehicle will have different real prices in different territories. Grey import vehicles circumvent this profit-maximization strategy. Car makers and local distributors sometimes regard grey imports as a threat...
Read more