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CW wrote:
The same way I got 50 Enya model engines, which I sold gray market. I went to Japan and bought them. Products are often sold at different prices in different countries. Add to that a favorable exchange rate and you have a money making opportunity. You buy from an authorized dealer in high enough quantity that he gives you a decent discount over individual prices. With a favorable exchange rate, you can often get this quite cheaply. You bring them to another country were you can sell them for a good profit. Perfectly legal but, as you actually bought them retail, you are the only one eligible for the manufacturers warranty which means your customers are not. That's where the term gray market came from, shady but legal. That's exactly what I was referring too. Someone has to buy the product overseas and bring it into the country one way or another. Some foreign buyers don't pay any duty, so they make even more profit than going through normal channels. BTW- Didn't US customs want to know why you were importing fifty model airplane engines into the US? Did they ask if you intended to sell them? -----= Posted via Newsfeeds.Com, Uncensored Usenet News =----- http://www.newsfeeds.com - The #1 Newsgroup Service in the World! -----== Over 100,000 Newsgroups - 19 Different Servers! =----- |
#2
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Sure did. And I paid the import duty. Nothing illegal in the gray market.
"starman" wrote in message ... CW wrote: The same way I got 50 Enya model engines, which I sold gray market. I went to Japan and bought them. Products are often sold at different prices in different countries. Add to that a favorable exchange rate and you have a money making opportunity. You buy from an authorized dealer in high enough quantity that he gives you a decent discount over individual prices. With a favorable exchange rate, you can often get this quite cheaply. You bring them to another country were you can sell them for a good profit. Perfectly legal but, as you actually bought them retail, you are the only one eligible for the manufacturers warranty which means your customers are not. That's where the term gray market came from, shady but legal. That's exactly what I was referring too. Someone has to buy the product overseas and bring it into the country one way or another. Some foreign buyers don't pay any duty, so they make even more profit than going through normal channels. BTW- Didn't US customs want to know why you were importing fifty model airplane engines into the US? Did they ask if you intended to sell them? -----= Posted via Newsfeeds.Com, Uncensored Usenet News =----- http://www.newsfeeds.com - The #1 Newsgroup Service in the World! -----== Over 100,000 Newsgroups - 19 Different Servers! =----- |
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