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Credit Facilities - Ford Motor Credit Company Facility (Details) - USD ($) | 12 Months Ended |
--- | --- | ---
Dec. 31, 2018 | Dec. 31, 2017
Line of Credit Facility [Line Items] |  |
Floorplan notes payable — manufacturer affiliates | $ 417,924,000 | $ 397,183,000
FMCC offset | 100,000 | $ 22,500,000
FMCC Facility |  |
Line of Credit Facility [Line Items] |  |
Maximum borrowing capacity under line of credit facility | $ 300,000,000 |
Cancellation of agreement | 30 days |
Floorplan notes payable — manufacturer affiliates | $ 160,700,000 |
Available borrowing capacity | $ 139,300,000 |
Basis spread on interest rate | 1.50% |
Debt interest rate | 7.00% | 6.00%

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- Definition Amounts payable for the financing of specific new vehicle inventory with Ford Motor Credit Company, the financing of new and used vehicle inventory in the United Kingdom with BMW Financial Services and the financing of rental vehicle inventory with several other manufacturers. Payments on floor plan notes payable are generally due as the vehicles are sold. + References No definition available. + Details
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- Definition The effective interest rate at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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