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Receivables, Net
3 Months Ended
Mar. 31, 2014
Receivables [Abstract]  
Receivables, Net
RECEIVABLES, NET
The components of receivables, net of allowance for doubtful accounts, are as follows:
 
March 31,
2014
 
December 31,
2013
Trade receivables
$
110.4

 
$
110.9

Manufacturer receivables
138.9

 
172.9

Other
30.0

 
36.9

 
279.3

 
320.7

Less: Allowances
(3.2
)
 
(4.0
)
 
276.1

 
316.7

Contracts-in-transit and vehicle receivables
387.5

 
424.2

Receivables, net
$
663.6

 
$
740.9



Trade receivables represent amounts due for parts and services that have been sold or delivered, excluding amounts due from manufacturers, as well as receivables from finance organizations for commissions on the sale of financing products. Manufacturer receivables represent receivables from manufacturers including amounts due for holdbacks, rebates, incentives, floorplan assistance, and warranty claims. Contracts-in-transit and vehicle receivables primarily represent receivables from financial institutions for the portion of the vehicle sales price financed by our customers.
We evaluate our receivables for collectability based on the age of receivables and past collection experience.