Grey Imports - What are our current feeling?

these accumulate down the line and by retail level have become absurd.

Indeed. There was one item I used to import for £700.00 which I sold on to my dealers for £950.00 By the time it reached the retail customer the price would be up to £2,800.00 or more. That old saying about a country full of middlemen is just so true.
 
That old saying about a country full of middlemen is just so true.
They have to do something to get the money to live on! :naughty:
 
Grey importers do not have to break the law to be profitable. They actually boost their normal margins when selling in to the UK to bring them up nearer UK prices.
 
UK take the p*** with their pricing so I always buy elsewhere for camera gear.
UK also take p*** by providing everyone with good roads, NHS and social care and rest of the things taxes pay for

And let's forget about p*** take that is minimal wages, decent maternal/paternal laws and so on.
 
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UK also take p*** by providing everyone with good roads, NHS and social care and rest of the things taxes pay for

And let's forget about p*** take that is minimal wages, decent maternal/paternal laws and so on
I’m a high tax payer so you’re preaching to the wrong person.

I can moan all I like when i am paying almost £250 a week in tax.
 
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I'm curious: have you ever worked for HMRC or their predecessors, to have this specialised knowledge of how they operate?

As someone who did work for Customs and Excise some years ago, I can only say that your understanding of how they went about their business and how their successor HMRC have stated they operate, does not appear to be correct.
So your taking the moral high ground due to previous work experience , my previous varied work experience is none of your business , but suffice to say it ranged from top to bottom . I did though in my teens work in a situation where I saw with my own eyes ,large amounts of stolen and smuggled goods up for sale ,the main customers being policemen , lawyers ,and judges from bow street police station and magistrates court … And virtually anything could be obtained to order
 
UK also take p*** by providing everyone with good roads, NHS and social care and rest of the things taxes pay for

And let's forget about p*** take that is minimal wages, decent maternal/paternal laws and so on.

Good roads...come on...that's a leap. Compared to most developed countries - they're p*** poor and have woke clowns lying across them and those who we pay to serve us seem to do sweet nothing about it. If they're not being blocked by morons gluing themselves to the surface, you can find them badly surfaced, noisy, too narrow etc.

As for healthcare - it seems that 40% of our money is spent on sick people - which is nuts.

And the best one - foreign aid. If those who we elect to serve us see that they can afford to give away money to other countries - then it is clear that we give them too much money and morally the best thing to do is to find ways to pay less tax and keep more of what is ours.

Like buying D850's from Panamoz.
 
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The only time I've been asked to pay import duty was with a film era lens I bought from an American big name shop. It was hard to find to non existent in the UK or anywhere else for that matter apart from that US shop so although the extra charges made it less of a bargain than the advertised price I was still happy.
 
Good roads...come on...that's a leap. Compared to most developed countries - they're p*** poor and have woke clowns lying across them and those who we pay to serve us seem to do sweet nothing about it. If they're not being blocked by morons gluing themselves to the surface, you can find them badly surfaced, noisy, too narrow etc.

As for healthcare - it seems that 40% of our money is spent on sick people - which is nuts.

And the best one - foreign aid. If those who we elect to serve us see that they can afford to give away money to other countries - then it is clear that we give them too much money and morally the best thing to do is to find ways to pay less tax and keep more of what is ours.

Like buying D850's from Panamoz.
Roads are actually very good IMO and idiots glueing themselves to the road isn't exactly HMRC's fault! I don't get the connection.

Foreign aid is the right thing to do, there is a larger benefits to us if the entire world was to prosper but this isn't the space for discussing that. Feel free to start a new thread in off-topic and I'll reply there with a full explanation.

I don't know how much we spend on NHS but I know it's a considerable amount. Recently government has also given furlough to so many people which was also the right thing to do. Yes some sections or trades got shafted by the scheme but that is not an excuse to break the law and evade taxes. At least UK was able help a good proportion of the out is work population thanks to taxes.

Also two wrongs don't make a right.

I’m a high tax payer so you’re preaching to the wrong person.

I can moan all I like when i am paying almost £250 a week in tax.
You can moan but you can also appreciate why the UK prices are higher compared to other places.
 
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Roads are actually very good IMO and idiots glueing themselves to the road isn't exactly HMRC's fault! I don't get the connection.

Foreign aid is the right thing to do, there is a larger benefits to us if the entire world was to prosper but this isn't the space for discussing that. Feel free to start a new thread in off-topic and I'll reply there with a full explanation.

I don't know how much we spend on NHS but I know it's a considerable amount. Recently government has also given furlough to so many people which was also the right thing to do. Yes some sections or trades got shafted by the scheme but that is not an excuse to break the law and evade taxes. At least UK was able help a good proportion of the out is work population thanks to taxes.

Also two wrongs don't make a right.


You can moan but you can also appreciate why the UK costs are higher compared to other prices.
Of course I appreciate why costs are higher, I’m just not prepared to give the likes of Jessops and Wex £4300 for a canon R5 when Panamoz have it for £3090, makes no sense.
 
Of course I appreciate why costs are higher, I’m just not prepared to give the likes of Jessops and Wex £4300 for a canon R5 when Panamoz have it for £3090, makes no sense.
Yes exactly in my case £4300 was more than I could afford so it was second hand or Panamoz
 
Of course I appreciate why costs are higher, I’m just not prepared to give the likes of Jessops and Wex £4300 for a canon R5 when Panamoz have it for £3090, makes no sense.
Doesn't make sense from your wallets point of view perhaps. At the same time likes of wex and Jessops can't afford to sell at panamoz prices. May be you don't care if they go out of business but they can't run at a loss.
So they are being penalised for being lawful, not exactly fair is it. Not a mention a bit selfish too don't you think?

Yes exactly in my case £4300 was more than I could afford so it was second hand or Panamoz
There is also the option of buying whatever you can legally afford. I know it's not obvious, just thinking out of the box here ;)
 
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So your taking the moral high ground due to previous work experience
No. I'm simply pointing out that I have specialised knowledge of how Customs and Excise used to work.

Watching current programmes on T.V. suggests that HMRC continues to work in the same way.
 
Grey importers do not have to break the law to be profitable. They actually boost their normal margins when selling in to the UK to bring them up nearer UK prices.
The firms you call “grey importers” are not importers but suppliers and do not break any of our laws because they are not subject to them :(.
 
I understand why you smugglers buy from Panamoz etc but I’m amused by the contortions you go through to justify it rather than just accept that you are bl:LOL::LOL:dy smugglers :naughty: .

Is it guilty feelings?
 
Roads are actually very good IMO and idiots glueing themselves to the road isn't exactly HMRC's fault! I don't get the connection.

Foreign aid is the right thing to do, there is a larger benefits to us if the entire world was to prosper but this isn't the space for discussing that. Feel free to start a new thread in off-topic and I'll reply there with a full explanation.

I don't know how much we spend on NHS but I know it's a considerable amount. Recently government has also given furlough to so many people which was also the right thing to do. Yes some sections or trades got shafted by the scheme but that is not an excuse to break the law and evade taxes. At least UK was able help a good proportion of the out is work population thanks to taxes.

Also two wrongs don't make a right.


You can moan but you can also appreciate why the UK prices are higher compared to other places.

I simply do not agree with your view.
 
There is also the option of buying whatever you can legally afford. I know it's not obvious, just thinking out of the box here ;)

I CAN afford UK prices - but I'd rather pay less for the same thing, and get a longer warranty and get the smug feeling I am not giving more of my money to a government I have no time for.
 
I think this topic has pretty nearly run its course. There are potentially a few spin-off discussions that may require to be started in Hot Topics, so lets try to keep it pleasant, on-topic and relevant. I know I went briefly off-topic myself, so I'm reminding myself too. Thanks folks.
 
Recently I've picked up a Z7 to start building my kit up after having to sell off my D850 and lenses at the beginning of the pandemic, it was used (well new - only 104 shots) from eBay with no idea of wether or not it was grey when first bought but around £1300 cheaper than new uk prices.

Then I started pricing up the f2.8 zooms as they seem to be amazingly good.

Within days I had bought a 24-70 for £1377 new from eBay, delivered within 2 days from Tottenham Court Road, new UK prices are £1999. As this was a UK purchase from a UK supplier should I presume it's 'legit' or grey? - saving = £622

The 70-200 will be next which I can get grey on eBay for £1559 or pay UK dealer price of £2299 - saving = £740

If I go for the 14-24, e-infin is currently £1449, UK dealer price is currently £2499 - saving = £1050

That's a saving of £2412 for three lenses, effectively buy 2 get one free.

It's very difficult to justify paying £2499 from a UK dealer for me, when you can buy it over £1,000 cheaper elsewhere, declare it legally and pay import and VAT duties and still be £6-700 better off. You can understand why people do it for some items, you can save a fortune on some things even if you stay within uk tax regs.
 
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Or less GAS and own cameras they can afford legally :p

I would not enjoy photography if i had to go back to more entry level cameras and lenses.

They feel like plastic toys to me but i guess everyone would feel differently about it and have different budgets.
 
I've used Panamoz just once so far and I was nervous before doing so. I've noticed that lenses aren't always such a great bargain, sometimes even more expensive so that must be some margin they are making. Camera bodies often seem to be far better priced.

My experience went smoothly and it was delivered promptly with excellent communication. As much as I like to support local businesses (when they exist), I will consider using Panamoz again if the saving is big. Let's just call it foreign aid... :p
 
Doesn't make sense from your wallets point of view perhaps. At the same time likes of wex and Jessops can't afford to sell at panamoz prices. May be you don't care if they go out of business but they can't run at a loss.

I'm amazed anyone stays in business in the UK at the mo, especially anyone wanting to work from anything like a high street location.
 
I'm amazed anyone stays in business in the UK at the mo, especially anyone wanting to work from anything like a high street location.
There's still a generation or "type" that doesn't like doing online business. They'll bank in branch or "over the phone" and never do online. My folks for instance.

In saying that I bought my very first camera in John Lewis. They were excellent and chucked in a free bag.

Once I "knew what I was doing" I just went online.

FWIW I've bought 2 Pentax 645zs new - which is one of the more expensive cameras on this thread (not the most though), in the UK - namely because the price was right and grey importers didn't have them and all my tripods and bags I've bought in the UK - usually with a big discount off RRP.
 
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I would not enjoy photography if i had to go back to more entry level cameras and lenses.

They feel like plastic toys to me but i guess everyone would feel differently about it and have different budgets.
Erm... the person I replied to could afford a £3.1K camera body (as supposed to £4.3K one). I don't think that exactly entry level, he could have still legally afford likes of A9, R6, Z7, A7RIV etc. Not exactly entry level.

I don't know your finances but considering your purchase history I don't get the feeling you'd be going back to entry level either ;) (but I could be wrong of course)
 
There's still a generation or "type" that doesn't like doing online business. They'll bank in branch or "over the phone" and never do online. My folks for instance.

In saying that I bought my very first camera in John Lewis. They were excellent and chucked in a free bag.

Once I "knew what I was doing" I just went online.

FWIW I've bought 2 Pentax 645zs new - which is one of the more expensive cameras on this thread (not the most though), in the UK - namely because the price was right and grey importers didn't have them and all my tripods and bags I've bought in the UK.
And I have bought a camera or two from panamoz (while most of my gear are from within the UK)

I am not here trying to be the righteous knight of the HMRC :ROFLMAO:
the comment by @sphexx quoted below makes my point.... just don't go around trying justify what's essentially illegal because it is just that (plus there is a very good reason for things costing more in the UK and its not good to not entirely care about the businesses here)
I understand why you smugglers buy from Panamoz etc but I’m amused by the contortions you go through to justify it rather than just accept that you are bl:LOL::LOL:dy smugglers :naughty: .

Is it guilty feelings?
 
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I'm amazed anyone stays in business in the UK at the mo, especially anyone wanting to work from anything like a high street location.
This whole conversation raises two interesting questions, who are these grey importers and why are their prices so low?

The answer to the first is that they seem to be based in Hong Kong or other far eastern locations, where they can keep identities hidden.

The answer to the second is more complicated. Some are simply smuggling and relying on the numbers game to get away with it most of the time. Others seem to take advantage of legal, if infuriating, loopholes in the collection of taxes and duties. All appear to use the pricing differentials between countries, set by the manufacturers, to re-export to their target markets.

America is often the cheapest place for a grey marketeer to purchase stock. The huge size of the market allows the importers to force eye watering discounts on the manufacturers, which the grey marketeers then take advantage of. There will be other countries where this same trick can be played.

There's obviously a lot more detail to be ferreted out but this is as far as I've got so far.
 
Within days I had bought a 24-70 for £1377 new from eBay, delivered within 2 days from Tottenham Court Road, new UK prices are £1999. As this was a UK purchase from a UK supplier should I presume it's 'legit' or grey? - saving = £622

...
It's very difficult to justify paying £2499 from a UK dealer for me, when you can buy it over £1,000 cheaper elsewhere, declare it legally and pay import and VAT duties and still be £6-700 better off. You can understand why people do it for some items, you can save a fortune on some things even if you stay within uk tax regs.
Depends if it's a genuine UK business simply acting as a retailer, or an agent for some overseas company, or an overseas company using a virtual address to give the impression they are in the UK. That's a suspiciously low price, though these lenses have been below £1700 from UK shops in the past. Of course a lot of grey market operators only state they are non-UK businesses (if at all) in the T&C small print. With a virtual office and a local telephone number that in fact takes customers to an overseas call centre it's easy for the distinction not to be obvious. Ambiguity, plausible deniability, and 'insurance' against a shipment being intercepted and taxed (they will often pay up if tax is levied) are what many of these companies are really selling. The customer is allowed to assume (or at least claim to assume) that tax had been paid. But a company that is not in fact paying tax on your behalf will not go as far as giving an itemised receipt showing it because that would clearly be fraudulent. If no VAT is indicated, and the company refuses to provide evidence that tax has been paid on request (something very few buyers would ask for, of course), I think we can draw the obvious conclusions.
...
It would be nice to see a legitimate grey market. B&H in the US does this, offering officially imported and grey market items with a price differential. You'll pay tax either way, if you are liable for tax (I think shipments from B&H to certain US states that do not levy purchase tax on mail order items are tax-free). Any company offering this in the UK would have to compete with the established smugglers' prices, though they could still undercut official UK pricing on many items, because we pay inflated prices even before tax, especially at the high end. Of course you can deal with HMRC yourself about import tax, but what consumer does that voluntarily?
 
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And I have bought a camera or two from panamoz (while most of my gear are from within the UK)

I am not here trying to be the righteous knight of the HMRC :ROFLMAO:
the comment by @sphexx quoted below makes my point.... just don't go around trying justify what's essentially illegal because it is just that (plus there is a very good reason for things costing more in the UK and its not good to not entirely care about the businesses here)
Another argument to make is the money saved by going grey has been spent in cafes/restaurants/hotels around the UK due to more trips being afforded by that choice.

The less tax people pay, the more disposable income they have which can be spent in the private sector.

So by going grey you can support the UK economy by spending the savings in other UK businesses.
 
This whole conversation raises two interesting questions, who are these grey importers and why are their prices so low?

The answer to the first is that they seem to be based in Hong Kong or other far eastern locations, where they can keep identities hidden.

The answer to the second is more complicated. Some are simply smuggling and relying on the numbers game to get away with it most of the time. Others seem to take advantage of legal, if infuriating, loopholes in the collection of taxes and duties. All appear to use the pricing differentials between countries, set by the manufacturers, to re-export to their target markets.

America is often the cheapest place for a grey marketeer to purchase stock. The huge size of the market allows the importers to force eye watering discounts on the manufacturers, which the grey marketeers then take advantage of. There will be other countries where this same trick can be played.

There's obviously a lot more detail to be ferreted out but this is as far as I've got so far.

I worked out if you wanted a new GFX100s system with 2 bodies and 4 lenses you'd be cheaper to fly out to New York on the first flight out from Heathrow, buy the kit in B&H and fly back on the last flight back.

Unbox the kit, post the boxes back to yourself and carry the gear onto the plane. Who'd be the wiser.

If I ever moved on from 645z gear I would do that but E Infinity sell that MF stuff so I'm not having to trouble BA or Virgin for a flight, which would more than pay for itself
 
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Another argument to make is the money saved by going grey has been spent in cafes/restaurants/hotels around the UK due to more trips being afforded by that choice.

The less tax people pay, the more disposable income they have which can be spent in the private sector.

So by going grey you can support the UK economy by spending the savings in other UK businesses.
Good point, I suppose it’s the same with, say, fraudsters or burglars, they recycle their I’ll-gotten gains to the community too :LOL: . Keep struggling.

BTW B&H deliver to U.K. I believe.
 
Good point, I suppose it’s the same with, say, fraudsters or burglars, they recycle their I’ll-gotten gains to the community too :LOL: . Keep struggling.

BTW B&H deliver to U.K. I believe.
yeah I'll try that in court next time - "I am only building the economy and making sure we don't drop into another recession after this pandemic lockdown"
 
Good point, I suppose it’s the same with, say, fraudsters or burglars, they recycle their I’ll-gotten gains to the community too :LOL: . Keep struggling.

BTW B&H deliver to U.K. I believe.
Not on all items - I checked as I was looking at a D850 from there and they wouldn't post to UK. The 645z lens they would but I bought a UK used one for less again and it does the same thing a new one would do...

Plus you'd wanna pay in dollars when there and pop into Katz Deli for a brisket sandwich (you've seen man vs food).

On the topic of currency - is this another factor allowing the usual suspects to price so low. Do they carry more stock and get a better deal from the supplier-does their currency have more strength against the yen than ours to get these great prices?
 
I'm amazed anyone stays in business in the UK at the mo, especially anyone wanting to work from anything like a high street location.

Parking isn't being made any easier either, which I'm sure must have some bearing on things?
 
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