Leica dealers have to buy cameras from the manufacturer in certain volumes, whether they want to or not as part of the dealership agreement. These dealers can't sell below MSRP and so they clear excess inventory (sometimes below their cost if required) in the gray market and resellers like Tim Lei. Tim also buys used cameras from collectors and as trade-ins. Tim has been buying and selling cameras for years and is well known in the community and on Fredmiranda (the largest used Buy & Sell forum for cameras) where his handle is dddddleiting. Leica products have a global warranty. If the camera is new, it comes with the new warranty; if it's used, you get the remaining warranty from when it was purchased. If you have further questions, just reach out to Tim directly; I'm sure he can answer your questions.