Just wondering why we call them "Grey Dealers" ?

[258Pearl]

My understanding is that Grey Market products are "new" products, sold outside the authorized manufacturer's channel to the first owners. If the products are not purchased from an authorized seller, then the manufacturer's warranty may not apply.

Let's take the case of a car. A person or entity buys a high demand car like a new Chevy Corvette C8. They order it from an authorized Chevy Dealer and intend to flip it for a profit. They buy it a MSRP. They sell it for a premium above MSRP with 18 miles on it and a transferable manufacture's warranty. The car is technically new or "unworn", but it has been sold through an authorized channel to the first owner.

Would we call this person or entity who sold the car to the second owner a Grey Market Car Dealer or a Pre-Owned/Used Car Dealer?

Just wondering...