THECAMEOGROUPINC wrote:
I am new to photography and have heard about Grey Market Camera's. What are the cons and what are the pros of purchasing such a camera?
Pro: Grey market costs less.
Cons: Grey market comes with no warranty you can use here; often comes without accessories (battery,lens caps, body cap, owner's manual, etc); may be defective; may be non-existent....the seller taking your money, and delivering nothing; may arrive, but be other than advertised....a different model, damaged, etc; is a huge gamble. Maybe you will get a working item in good condition, for less money, and maybe you won't.
To Consider: I bought one grey market camera because it: was something I wanted to try, cost very little, and was a discontinued item I could not get otherwise. I was prepared to end up losing out somehow, but lucked out. The item arrived, was in working order, had very few, and slight, scratches on the body which did not effect it's performance, and it lasted a year before not working any more. It gave me my money's worth of service. I only spent $70.00 on it, and it gave me at least $70.00 worth of use. I might have gotten totally ripped off, but was willing to risk $70.00 on this particular gamble. I would have not risked it, or more, on some other gambles. At $70.00 this gamble paid off, because the thing worked well for a year. If I had spent $300.00 on it, it would not have been worth that. YOU have to decide which gambles are worth what stakes to you.
Remember: A grey market sale is "as is"....meaning you have no recourse if you get nothing, or get a damaged item, or if it breaks after a week of use, or such. Even if it comes with a warranty, you will probably have to pay to insure it, and ship it back to China-or wherever-and then pay to have it shipped back to you, and also pay to insure it on the return to you. So....even if you do not pay for the servicing of it overseas, the whole thing may cost more than it is worth. If you get a grey market item, spend as little as possible on it, and figure you are probably going to get nothing for it...like betting on a dice roll at a Craps table. If you get something worthwhile, fine. If you don't, you won't lose a lot.....IF you don't risk a lot.
Buying grey market IS a Craps shoot. Most people prefer not to risk it. Do ya feel lucky?