[W126 Coupe] what is a gray mkt car?

[Dawid Loubser]

 From Wikipedia, the free encyclopedia
(http://en.wikipedia.org/wiki/Gray_market)

The grey market (or gray market) refers to the flow of goods through  
distribution channels other than those authorized or intended by the  
manufacturer or producer.

Unlike those on the black market, grey market goods are not illegal.  
Instead, they are being sold outside of normal distribution channels  
by companies which may have no relationship with the producer of the  
goods. Frequently this occurs when the price of an item is  
significantly higher in one country than another; this situation  
commonly occurs with cigarettes and electronic equipment such as  
cameras. Entrepreneurs will buy the product where it is available  
cheaply, often at retail but sometimes at wholesale, import it  
legally to the target market and sell it at a price which provides a  
profit but which is below the normal market price there.

Importing certain legally restricted items such as prescription drugs  
or firearms would be categorized as black market, as would smuggling  
the goods into the target country to avoid import duties. A related  
concept is bootlegging, which normally implies the making or  
distribution of counterfeit goods but also describes the illegal  
distribution of highly regulated goods, especially alcoholic beverages.

The existence of the grey market is an example of the economic  
practice called arbitrage.

Because of the nature of grey market economics, it is generally  
difficult or even impossible to track and verify the precise numbers  
of grey market sales.

On securities markets, grey market has a different meaning. It refers  
to the buying and selling of securities to be issued in the future  
and, therefore not yet circulating. This typically occurs some days  
before an auction of government bonds or bills and that trading is  
subject to the effective issue of those securities. Sometimes this is  
taken as a forecast of the prices that markets expect for future

  - Dawid


On 05 Sep 2006, at 3:31 vm., Gary wrote:

> what is a gray mkt car?
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