Grey market

[1HotBoss70]

Can someone explain to me the concept of "grey market dealers"...thanks

[1000ftSub]

Idk, people over in Asia said,"Lets make a watch that costs thousands of dollars, but only we will only charge it for $200 dollars." Or something like that.

[calvinlgoh]

Any watch not officially imported/distributed.

[Brit78]

Grey market generally means new watches sold by a non authorized dealer. See www.swissluxury.com for an example. Not an authorized dealer, but clearly have relationships with dealers somewhere that sell them stuff cheap enough for them to make a profit on it.

[Pep04]

Originally Posted by Brit78

Grey market generally means new watches sold by a non authorized dealer. See www.swissluxury.com for an example. Not an authorized dealer, but clearly have relationships with dealers somewhere that sell them stuff cheap enough for them to make a profit on it.

Closest of all answers.

Say you know an authorized dealer. That "AD" needs to buy "X" amount of Rolexes to keep his allocation high (Much like a car dealer). Only this watch dealer can't sell his watch lower than a certain amount.

So, he use you his good buddy to sell it for him or just sells it outright to his buddy for a very small profit so you can in turn sell it for a small profit himself.


Basically, you are buying from an AD through a 3rd party. Get it?


Anyone out there want to correct me? Please do if I'm wrong.