NZAI is an integrated used automotive group operating throughout New Zealand via two subsidiaries: Automotive Retail and Vehicle Finance. Our mission is to deliver quality cars and financing solutions at the most affordable prices to the average New Zealander. Operating under the “2 Cheap Cars” brand, our Automotive Retail company is one of the largest used vehicle sellers in New Zealand with 12 dealerships across the country. 2 Cheap Cars has sold (on average) over 11,000 cars annually for the past three years and is responsible for approximately 8 per cent of all used car import sales in New Zealand. Our Vehicle Finance company operates under the “NZ Motor Finance” brand. It was established in 2019 to diversify earnings and provide a further growth opportunity for NZAI. It originates loans entirely from cross-selling to Automotive Retail customers, which allows NZ Motor Finance to grow its finance book with minimal acquisition and administrative costs. 2 Cheap Cars is vertically integrated from procurement to the point of sale. Staff from our Japanese subsidiary, Car Plus, directly attend Japanese car auctions, visually inspect stock, and select which vehicles to buy. Having a presence in Japan provides greater control over our supply chain, improves vehicle quality, allows us to select cars that we believe will appeal to New Zealand consumers and achieve lower price points.