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Does anyone know where I can find a retail price guide for Japanese grey imports? Thanks. Brian Lacey.
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get in touch with the japanese authority for the retail of exportable vehicles, you can get in touch with them through what car.
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many grey imports come through Singapor and Dubai and are sold through a sort of auction, you buy 100 cars you get 80 good and 20 not so good,Normally bought buy commodity traders(mafia) and then sold on .Cars direct ought of Japan are not worth a light in the UK as they have a completely different spec and just about disolve after 3 years.
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CAP publish a Grey Book,only a guide though.As for not worth a light,you cant be looking very carefully.In many cases the Japanese model will retail for rather more than the UK spec model,even with all the silly comments in the media and the unelightened comments from 'fat bloke down the pub'.
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CAP has just issued a press release about this. Make of it what you will:-
Call for 'realistic' valuing
of grey import trade-ins
UNREALISTICALLY LOW offers by dealers for grey imports offered in part
exchange could push the market into crisis, according to CAP Grey Book,
the trade-confidential guide to the values of grey import vehicles.
CAP warns in the latest Grey Book - the UK's only confidential trade
guide to grey import values - that the unnecessary squeezing of customer
trade-in prices could force values down across the market.
"It is now about five years since grey imports started coming through in
reasonable volumes and many are now being presented to UK dealers as
potential part exchanges," said Robert Hester, editor of Grey Book.
"At which point dealers tend to take one of the following options. Some
try to value it themselves against it's nearest UK equivalent, or they
may try to get the car underwritten by an import dealer.
"Alternatively they simply show no interest in it at all and suggest
that the owner sells it themselves by whatever means are available,
usually by local advertising.
"The problem with all of the above scenarios is that everybody wants a
cheap car, so any offers that are made to the owner tend to be very low.
"In some cases this is because UK dealers don't know what the car is
really worth, so the thinking is that if they have to own it, it needs
to be cheap.
"Alternatively a low bid could be given by the import dealer, who is
fully aware of what the car is worth, but wants to take advantage of the
situation.
"The outcome of this is an ever-increasing number of cheap greys
circulating that are valued at considerably less than they would cost to
import and land into the UK today.
"If this trend continues to grow there is a danger that it will affect
the market values of many vehicles, regardless of their cost in Japan."
Ends
CAP Network is a commercial grouping of six automotive businesses
integrating the expertise of market and technical analysts CAP Motor
Research with the powerful stock distribution, broadcast and web systems
provider, AutoLocate. Specialist online fleet sector intelligence is
provided by FleetNewsNet while AM-Online provides manufacturer and
dealer oriented news and analysis. Expertise for the automotive
aftermarket comes from Autotrade and Sewells Online offers a range of
specialist intelligence ranging through all automotive sectors.
In this way CAP Network provides an all-in-one solution for safer,
faster and smoother transacting for dealers, manufacturers, insurers,
finance providers, fleets and remarketing specialists
For further information contact Mike Hind, Communications Manager, on
0113 222 2044 / 07710 152030 or Alison Littlewood, Communications
Editor, on 0113 222 2011 / 07764 145353.
Alison Littlewood
Communications Editor
CAP Network
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Just dissolve....
That's what we're supposed to think by the mainstream crowd, anyway!
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