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Inventories and Floor Plan Notes Payable | 12 Months Ended
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Dec. 31, 2024
Inventory Disclosure [Abstract] |
Inventories and Floor Plan Notes Payable Disclosure | INVENTORIES AND FLOOR PLAN NOTES PAYABLE Inventories The components of inventories consisted of the following:
| December 31,
($ in millions) | 2024 |  | 2023
New vehicles | $ | 3,555.3 |  |  | $ | 2,886.3 |
Used vehicles | 2,085.6 |  |  | 1,637.5 |
Parts and accessories | 270.8 |  |  | 230.1 |
Total inventories | $ | 5,911.7 |  |  | $ | 4,753.9 |
The new vehicle inventory cost is generally reduced by manufacturer holdbacks and incentives, while the related floor plan notes payable are reflective of the gross cost of the vehicle.
| December 31,
($ in millions) | 2024 |  | 2023
Floor plan notes payable: non-trade | $ | 2,848.0 |  |  | $ | 2,288.5 |
Floor plan notes payable | 2,055.1 |  |  | 1,347.0 |
Total floor plan debt | $ | 4,903.1 |  |  | $ | 3,635.5 |
See credit facilities discussion in Note 10 – Credit Facilities and Long-Term Debt for more information on our floor plan commitments.

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