buy and sell used cars
buy and sell used carsThe term grey import, in reference to the grey economy refers to an item that has been imported into a country, legally, but without the agreement of the manufacturer. The term parallel import may also be used. Grey import vehicles are motor vehicles and motorcycles, which may be imported, either brand new or used, from another country, where they are more readily available and competitively priced. An example of this is the export of used motor vehicles from Japan, where rigorous road tests and high depreciation make such vehicles worth very little after six years, and where strict environmental laws make vehicle disposal expensive. Consequently, it is profitable to export them to other right hand drive (RHD) countries, such as New Zealand, the Republic of Ireland, or Cyprus where they have proved popular with local buyers. Similarly, there are exports of used cars from Germany to countries in Eastern Europe and left hand drive (LHD) markets in West Africa. Understandably, car makers and local distributors oppose grey imports, arguing that they can often be inferior to official ones. In some countries the commercial import of used cars has been banned. In the European Union, competition law attempts to prevent grey imports from other EU countries. Even when the issue of the driving seat's position does not arise, buyers can still encounter problems. Visit AutoTradercom to find listings and |