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Joined: Apr 2007
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Well, ok so the cost of buying grey market is:

(cost of a fire)*(probability of a fire) + (cost of covered repair)*(probability of need for repair within covered period)

This number will be much, much, much less than $1000. I'd be surprised if it was more then $10. Probably significantly less than that. The only way these costs make any sense to think about is if the buyer can absolutely not afford to replace the piano in the worst case scenario (as is the case for our homes in many cases). In that case you adjust these probabilities upward to account for that fact.

It's hard for humans to make good judgments based on probability, unfortunately. Our brains don't work that way.

Last edited by gvfarns; 12/28/11 10:31 PM.
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Originally Posted by gvfarns
Well, ok so the cost of buying grey market is:

(cost of a fire)*(probability of a fire) + (cost of covered repair)*(probability of need for repair within covered period)

This number will be much, much, much less than $1000. I'd be surprised if it was more then $10. Probably significantly less than that. The only way these costs make any sense to think about is if the buyer can absolutely not afford to replace the piano in the worst case scenario (as is the case for our homes in many cases). In that case you adjust these probabilities upward to account for that fact.

It's hard for humans to make good judgments based on probability, unfortunately. Our brains don't work that way.


I'm really not clear what you are trying to say here. Perhaps I was not clear, so permit an example. In Canada, if you have an electronic device that is not CSA approved, and there is a fire, the insurance company will not pay. For example, if you have a 250,000 home and there is a total loss, you will get zilch. Non-CSA is a big, big no, no. Just one more reason to NOT do gray market, IMHO.

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Hmmm. That is more expensive indeed!

Haha, still, that's only if the fire is caused by your piano, right? Has anyone, ever, in the whole world had a digital piano burn down their house? Haha.

Still, point taken. Don't let non CSA approved crap start fires in your house! Sucks to be Canadian if you do.

Last edited by gvfarns; 12/29/11 01:12 AM.
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Originally Posted by Melodialworks Music
I'm really not clear what you are trying to say here. Perhaps I was not clear, so permit an example. In Canada, if you have an electronic device that is not CSA approved, and there is a fire, the insurance company will not pay. For example, if you have a 250,000 home and there is a total loss, you will get zilch. Non-CSA is a big, big no, no. Just one more reason to NOT do gray market, IMHO.


I must be in trouble then since most of my gadgets have UL-c classification and the letters CSA are nowhere in sight?

I'd imagine that DPs sold with external power supplies are exactly the same no matter the market except for maybe packaging, warranty, and the power cord included in the box.

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Originally Posted by Amaruk
If you add a piano at Thomann.de to a cart and select US as the shipping destination the shipping cost is listed as $40 and the VAT is deducted from the piano...That sounds too low but I have to agree $1000 sounds too high. Odd. How about the geometric mean... $200 wink That sounds more reasonable...

But grey imports do not carry US warranty and the AC cord will have to be replaced (assuming the piano is rated for 110V 60 Hz in the first place)... Not a good idea after all.

Try to call them - I did (by email) and they said, that they do ship stuff across the ocean, but not bulky stuff, like pianos.

Last edited by gnembon; 12/29/11 02:20 AM.
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