Procurement — Why Buy Passenger Vehicles from the United States?

Parra Capital obtains its vehicles from dealer wholesalers, new car dealers with trade-ins, and strategically chosen Adesa and Manheim auctions throughout the United States. Our vehicles are off-lease and repossessed units from fleet/lease companies, banks, financial institutions, and the manufacturers' financial arms.

Procuring cars from the United States has many advantages

• Large pre-owned car market — made up of fleet leases, bank repossessions ("repos"), and trade-ins
  • American cars under leasing receive better interior and exterior maintenance and more periodic mechanical maintenance, as car owners expect to trade them in every 3 to 5 years
  • Most of these vehicles under leasing are limited in the number of miles that can be put on and are held to a maintenance contract
  • Engines and transmissions in American cars are in excellent condition, as the vehicles experience mostly highway driving and lower stop-and-go conditions
• US cars tend to be more "loaded" than in other countries — U.S. consumers demand more appealing and attractive features
• US cars observe the same rules and regulations for vehicle operation as all Latin American countries
  • By comparison, Japanese cars require a change to the steering wheel for left-side driving, which inherently degrades the vehicle's performance
  • American cars meet strict carbon monoxide and A/C gas emission standards for controlling pollution and not causing damage to the ozone layer

We only buy vehicles that, after inspection…

1) Receive a clean/extra clean classification by our suppliers

• The interior and exterior of all our vehicles are in excellent condition

2) Are in optimal mechanical condition

• Our mechanics conduct rigid tests on the engine, transmission, alignment, brakes, and air conditioner of all the cars we consider for purchasing