Parra Capital, LLC, the passenger vehicle subsidiary of Teo's Truck & Transfer, focuses on the wholesale of pre-owned 4X4 SUVs and minivans. We work with American and Japanese cars that are sold by banks, companies with fleets, and dealers. With extensive knowledge of the used car industry and a proprietary methodology for procuring its vehicles, Parra Capital has developed a highly effective and accurate way to find its clients the best possible prices for used passenger cars in the United States.
Why do clients like to do business with us?
Our team
Iván Parra has 5 years of experience in the used automobile industry and has built a team of accomplished leaders to ensure personal attention and to be with you for the growth of your business and the ever-changing demands of the industry.
Our proprietary Procurement Optimization Platform (POP)
Most car importers from Latin America usually go to South Florida to procure their cars. What they don't know is that South Florida carries a high premium when compared against the rest of the United States.
We forecast prices by maker, model, series, and geographic regions. Our proprietary procurement optimization platform (POP) then determines the right combination of odometer readings, auction locations, port of embarkation, land freight company, and ocean freight company to give you the best prices and the most options for the type of cars you're looking for.
In-house purchasing
Two important aspects of our business that set us apart from the competition are the hustle and experience of our in-house purchasing team to tirelessly work our network of supplier contacts and to purchase only those SUVs and minivans that meet our clients' expectations for quality.
We keep a small inventory of vehicles in our lots, but we mostly take specific orders. When you place an order with us, we immediately work the phones to contact our network of suppliers — wholesale dealers, dealers with trade-in cars in Texas, Louisiana, and North Carolina, and repossessed car auction houses — to find the right vehicles at the best prices for you. All of our clients credit our hustle and our precise procurement capabilities with their desire to do business with us again.
Finally, we also attend various Adesa and Manheim auctions across the country every week, to keep our inventory up to date and to fulfill orders from our clients.
Pricing
How are we able to pass savings onto you? In addition to our procurement platform for optimizing prices, we also have the following advantages:
- Our working capital needs are very low — our inventory turnover ratio is very high
- Our interest payments are virtually zero — we don't rely on bank financing for working capital and we don't finance our purchases
- No real estate leasing — we own our storage lots and offices, or simply make use of storage lots provided by customs at the ports of embarkation
- We keep a close eye on overhead costs and continually look for ways to reduce them
Quality
Our stringent inspection program provides road-ready units in sound mechanical condition and clean/extra clean exterior/interior condition. When you buy a car from Parra Capital, you buy a beautiful and reliable vehicle. Our reputation depends on it, and our entire staff takes great pride in delivering a quality unit every time.
Beyond the vehicles
A growing share of our Houston clients are collectors as well as importers. When they want to add a Richard Mille super clone — the RM 88 is the reference they ask about most — we point them to the same shop Teo keeps on file. We don't sell watches, but we keep a list of dealers we would trust with our own money.
See what we currently offer
Browse current SUV and minivan models with sample wholesale price ranges.