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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 469.4 $ 381.5
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 158.1 165.4
Stock-based compensation 31.1 27.8
Net loss on disposal of other assets 2.6 1.5
Net gain on disposal of stores (2.3) (0.1)
Unrealized investment gain, net (31.4) (29.7)
Deferred income taxes 62.5 42.0
Amortization of operating lease right-of-use assets 46.1 46.4
Decrease (increase) (net of acquisitions and dispositions):    
Accounts receivable, net 36.0 (2.9)
Inventories (19.7) (544.1)
Finance receivables (432.1) (386.9)
Other assets (99.6) (62.0)
Increase (decrease) (net of acquisitions and dispositions):    
Floor plan notes payable 26.4 384.4
Trade payables 25.9 54.4
Accrued liabilities 11.5 69.1
Other long-term liabilities and deferred revenue 46.9 (2.8)
Net cash provided by operating activities 331.4 144.0
Cash flows from investing activities:    
Capital expenditures (148.8) (209.7)
Proceeds from sales of assets 17.9 4.0
Net cash used for other investments (10.4) (146.8)
Cash paid for acquisitions, net of cash acquired (278.6) (1,169.5)
Proceeds from sales of stores 104.4 6.9
Net cash used in investing activities (315.5) (1,515.1)
Cash flows from financing activities:    
(Repayments) borrowings on floor plan notes payable, net: non-trade (141.2) 444.5
Borrowings on lines of credit 7,406.0 7,226.6
Repayments on lines of credit (6,818.4) (6,767.9)
Principal payments on long-term debt and finance lease liabilities, scheduled (20.0) (18.9)
Principal payments on long-term debt and finance lease liabilities, other (15.4) (15.1)
Proceeds from issuance of long-term debt 0.0 179.8
Principal payments on non-recourse notes payable (631.4) (418.8)
Proceeds from issuance of non-recourse notes payable 564.0 739.0
Payment of debt issuance costs (2.6) (5.0)
Proceeds from issuance of common stock 13.6 13.8
Repurchase of common stock (263.3) (217.2)
Dividends paid (28.2) (28.2)
Payment of contingent consideration related to acquisitions (9.3) (11.9)
Other financing activity (67.3) (3.1)
Net cash (used in) provided by financing activities (13.5) 1,117.6
Effect of exchange rate changes on cash, restricted cash, and cash equivalents 7.4 (3.1)
Increase (decrease) in cash, restricted cash, and cash equivalents 9.8 (256.6)
Cash, restricted cash, and cash equivalents at beginning of year 445.8 972.0
Cash, restricted cash, and cash equivalents at end of period 455.6 715.4
Reconciliation of cash, restricted cash, and cash equivalents to the consolidated balance sheets    
Cash and cash equivalents 202.8 516.4
Restricted cash from collections on auto loans receivable and customer deposits 201.6 158.4
Cash, restricted cash, and cash equivalents 404.4 674.8
Restricted cash on deposit in reserve accounts, included in other non-current assets 51.2 40.6
Total cash, restricted cash, and cash equivalents reported in the Consolidated Statements of Cash Flows 455.6 715.4
Supplemental cash flow information:    
Cash paid during the period for interest 351.2 357.2
Cash paid during the period for income taxes, net 66.8 113.9
Debt paid in connection with store disposals 10.2 5.9
Non-cash activities:    
Debt assumed in connection with acquisitions 0.0 868.1
Right-of-use assets obtained in exchange for lease liabilities 27.7 304.0
Non-cash adjustments to share repurchases $ 2.6 $ 0.0