Is it safe to buy from grey market?

Is it safe to buy from grey market?

In gray market trading, while the trade is binding, it cannot be settled until official trading begins. This may cause an unscrupulous party to renege on the trade. Due to this risk, some institutional investors, like pension funds and mutual funds, may refrain from gray market trading.

How do I know if my camera is grey market?

Remember: the easiest way to recognize gray market is that the product does not include a Nikon Inc USA warranty. Look for, or ask for a Nikon Inc USA warranty whenever you buy a Nikon product. Before you invest your money, ask yourself, would you buy a product that doesn’t include a manufacturer’s warranty?

What is GREY import camera?

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.

What is a grey market item?

Grey market products are legal products being sold in non-authorised distribution channels. Fakes and counterfeits are a different challenge, with illegal and rip-off or look-a-like products being sold as though they were the genuine article.

How do I know if my Canon camera is grey market?

The Difference between USA and Gray Market Canon Cameras and Lenses. When shopping for your Canon cameras and lenses, you will likely run into 2 versions of the same camera or lens. One will be the “USA” model and the other will be denoted as “Gray/Grey Market”, “Imported” or “Direct Import”.

What is a grey market store?

A grey market watch dealer is a store (online or brick and mortar) such as Luxury Bazaar that sells luxury watches for significantly less than a brand’s authorized dealer or boutique.

Is there such thing as a gray market camera?

However, since there is no direct involvement of the manufacturer or its distribution partners in the gray market product sales, nothing could technically stop a seller from selling a fake product as a “gray market” in the same price category. Below are some of the reasons why Nikon USA strongly advocates against buying gray market products:

What does it mean to be in the grey market?

“Grey Market” is when an UN-authorised company circumvents these distribution channels and sells (wholesale / retail) a camera into a market place for which it was not intended by the manufacturer.

How does canon deal with the gray market?

One of the ways that the camera companies, especially Canon and Nikon, are trying to deal with the gray market is to refuse to honor warranties or even repair their cameras if they do not meet purchase criteria. Remember that the warranty is based upon where the camera came from.

How much does a gray market Nikon camera cost?

Now if you are wondering how big of a difference there is in price between a gray market and a properly imported product by the manufacturer, let’s take a look at a couple of examples. The Nikon D750 is priced at $1,996.95 at B&H Photo Video (authorized Nikon seller) – that’s the current MSRP of the camera.