046 - The danger with gray market camera deals

I knew something was wrong with the deal, but I wasn't quite sure what. And to be honest, part of me didn't really want to know. I just wanted the sale to work — and quickly. A while back, I was shopping for a video camera for my office. Strapped with a $2,500 budget, I searched for creative ways to get the $3,000 model I really wanted. Just as I was about to give up, I found a website that promised the same exact model for $2,499. Could it really be true? What's wrong with it? I decided it was worth the risk and plunked down the credit card, feeling smug about my savings. Three weeks later when the camera hadn't arrived, guess who was in a mild panic. Did I really lose $2,500 trying to save $500? That's the seduction of gray market cameras. The deals promise brand new cameras at hundreds of dollars less than you know they should cost. Are gray market cameras too good to be true? What's really wrong with them? Listen to the podcast