The Small Tractor FAQ Frequently Asked Questions “What is a grey market tractor?
If you shop around for anything larger than a garden tractor, sooner or later you will hear the term “grey market” tractor. A grey market tractor is simply a used tractor, usually a compact diesel, imported from another country, usually Japan. Demand for compact diesel tractors is quite high and grey market tractors are becoming a popular option for an increasing number of tractor buyers. However, there are both advantages and disadvantages to purchasing a grey market tractor. The main attraction is that these tractors are usually less expensive than nearly identical made-for-US models. For a variety of reasons — currency exchange rates, differences in the value of used equipment overseas, low import tariffs, etc. — used equipment dealers can profitably resell these tractors for less than domestically used machines. By the same token, grey market tractors are worth less when they are traded in. The main disadvantage to grey market tractors is that the manufacturers despise this pract