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2 Cheap Cars Group (NZSE:2CC) Net Interest Income (for Banks)


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What is 2 Cheap Cars Group Net Interest Income (for Banks)?

Net Interest Income only applies to banks.


2 Cheap Cars Group (NZSE:2CC) Business Description

Traded in Other Exchanges
N/A
Address
102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.