XML 64 R50.htm IDEA: XBRL DOCUMENT v3.21.2
FLOORPLAN NOTES PAYABLE (Details)
9 Months Ended
Sep. 30, 2021
USD ($)
institution
tranche
Dec. 31, 2020
USD ($)
Revolving Credit Facility    
Line of Credit Facility    
Unamortized discount $ 2,800,000 $ 3,600,000
Line of credit    
Line of Credit Facility    
Outstanding letters of credit 12,600,000 $ 17,800,000
Line of credit | Revolving Credit Facility    
Line of Credit Facility    
Maximum borrowing capacity $ 1,750,000,000  
Participating financial institutions (institution) | institution 22  
Number 0f tranches (tranche) | tranche 2  
Line of credit | Floorplan Line    
Line of Credit Facility    
Maximum borrowing capacity $ 1,700,000,000  
Weighted average interest rate (as a percentage) 1.17%  
Commitment fee (as a percentage) 0.15%  
Line of credit | Other Credit Facilities    
Line of Credit Facility    
Outstanding balance $ 208,100,000  
Line of credit | Rental Vehicles Financed through Credit Facility    
Line of Credit Facility    
Outstanding balance $ 77,600,000  
Line of credit | Rental Vehicles Financed through Credit Facility | Minimum    
Line of Credit Facility    
Interest rate (as a percentage) 1.00%  
Line of credit | Rental Vehicles Financed through Credit Facility | Maximum    
Line of Credit Facility    
Interest rate (as a percentage) 5.00%  
Line of credit | UK Credit Facilities    
Line of Credit Facility    
Outstanding balance $ 114,500,000  
Line of credit | UK Credit Facilities | Minimum    
Line of Credit Facility    
Interest rate (as a percentage) 1.00%  
Line of credit | UK Credit Facilities | Maximum    
Line of Credit Facility    
Interest rate (as a percentage) 4.00%  
Line of credit | Brazilian Credit Facilities    
Line of Credit Facility    
Outstanding balance $ 16,000,000  
Line of credit | Brazilian Credit Facilities | Minimum    
Line of Credit Facility    
Interest rate (as a percentage) 6.00%  
Line of credit | Brazilian Credit Facilities | Maximum    
Line of Credit Facility    
Interest rate (as a percentage) 12.00%  
Line of credit | FMCC Facility    
Line of Credit Facility    
Maximum borrowing capacity $ 300,000,000  
Interest rate (as a percentage) 5.50%  
Line of credit | FMCC Facility | Prime Floor    
Line of Credit Facility    
Basis spread on variable rate (as a percentage) 1.50%  
Interest rate (as a percentage) 4.00%  
Line of credit | Acquisition Line    
Line of Credit Facility    
Maximum borrowing capacity $ 349,000,000  
Minimum borrowing capacity 50,000,000  
Sub-limit for letters of credit $ 100,000,000  
Line of credit | Acquisition Line | Minimum    
Line of Credit Facility    
Commitment fee (as a percentage) 0.15%  
Line of credit | Acquisition Line | Maximum    
Line of Credit Facility    
Commitment fee (as a percentage) 0.40%  
Line of credit | Acquisition Line | LIBOR | Minimum    
Line of Credit Facility    
Basis spread on variable rate (as a percentage) 1.00%  
Line of credit | Acquisition Line | LIBOR | Maximum    
Line of Credit Facility    
Basis spread on variable rate (as a percentage) 2.00%  
Line of credit | New Vehicles | LIBOR    
Line of Credit Facility    
Basis spread on variable rate (as a percentage) 1.10%  
Line of credit | Used Vehicles | LIBOR    
Line of Credit Facility    
Basis spread on variable rate (as a percentage) 1.40%