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2 Cheap Cars Group Limited
2 Cheap Cars Group is a Public Company that generates the majority of its income from the Motor Vehicle Dealers industry. In 2023 the company generated total revenue of $77,631,000 including sales and other revenue. In 2023 2 Cheap Cars Group had 86 employees including employees from all subsidiaries under the company's control. The Chief Executive of 2 Cheap Cars Group is Mr David Sena whose official title is Chief Executive Officer. The Chairman of 2 Cheap Cars Group is Mr Michael Stiassny whose official title is Independent Chairperson. New Zealand Automotive Investments Limited is a locally owned New Zealand public company, NZX: NZA, that derives its revenue from its two operating divisions in automotive retail and vehicle finance. The company's brands include: 2 Cheap Cars - provides used vehicles through its nationwide operating chain of imported car dealerships. NZ Motor Finance - provides loans through cross-selling.
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What's included in this industry analysis
IBISWorld's research coverage on the 2 Cheap Cars Group Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
2 Cheap Cars Group Limited, trading as 2 Cheap Cars Group, operates under the ABN and was incorporated on 24 October 2016. 2 Cheap Cars Group Limited trades on the Australian Securities Exchange under the ticker code ASX:2CC. 2 Cheap Cars Group Limited primarily operates in the Finance industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within 2 Cheap Cars Group Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents 2 Cheap Cars Group Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which 2 Cheap Cars Group Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of 2 Cheap Cars Group Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Industries of Operation
What’s included in the Industries of Operation chapter?
The Industries of Operation chapter outlines 2 Cheap Cars Group Limited’s market share across the industries in which it operates. Each industry profile includes a comprehensive overview featuring data on total market size, the number of enterprises, industry concentration levels, and overall turnover. This analysis provides context for the company’s competitive position and scale within each relevant market.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of 2 Cheap Cars Group Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by 2 Cheap Cars Group Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of 2 Cheap Cars Group Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
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Frequently Asked Questions
What is 2 Cheap Cars Group Limited?
New Zealand Automotive Investments Limited is a locally owned New Zealand public company, NZX: NZA, that derives its revenue from its two operating divisions in automotive retail and vehicle finance. The company's brands include: 2 Cheap Cars - provides used vehicles through its nationwide operating chain of imported car dealerships. NZ Motor Finance - provides loans through cross-selling.
What industry does 2 Cheap Cars Group Limited operate in?
2 Cheap Cars Group Limited, trading as 2 Cheap Cars Group, is a Public Company that generates the majority of its income from the Finance industry in Australia.
Where is 2 Cheap Cars Group Limited located?
Murray Cod Australia Limited company is based at 102 Mays Road, Auckland, New Zealand, New Zealand.
Who is the CEO of 2 Cheap Cars Group Limited?
The Chief Executive Officer of 2 Cheap Cars Group Limited is Michael Stiassny and the Chief Executive Officer is David Sena.
What was 2 Cheap Cars Group Limited’s revenue in 2025?
In 2025, 2 Cheap Cars Group Limited generated total revenue of approximately $77.6 million.
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