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Inventories, Net
 12 Months Ended
Dec. 31, 2019
Inventory Disclosure [Abstract]  
INVENTORIES, NET INVENTORIES, NET
The Company’s inventories, net, consisted of the following (in millions):
 
 
December 31,
 
 
2019
 
2018
New vehicles (1), (2)
 
$
1,328.6

 
$
1,274.3

Used vehicles (1)
 
346.7

 
347.4

Rental vehicles
 
140.9

 
142.9

Parts, accessories and other (1)
 
85.5

 
79.4

Total inventories, net
 
$
1,901.7

 
$
1,844.1

(1) The lower of specific cost or net realizable value reserves reduced total inventory cost by $9.7 million and $8.5 million at December 31, 2019 and 2018, respectively.
(2) Interest assistance from certain manufacturers reduced inventory costs by $10.7 million and $9.7 million at December 31, 2019 and 2018, respectively, and reduced cost of sales by $49.1 million, $47.3 million and $48.9 million for the years ended December 31, 2019, 2018 and 2017, respectively.
Refer to Note 1 “Business and Summary of Significant Accounting Policies” for further discussion of the Company’s accounting policy for inventories.