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RECEIVABLES, NET AND CONTRACT ASSETS | 3 Months Ended
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Mar. 31, 2023
Receivables [Abstract] |
RECEIVABLES, NET AND CONTRACT ASSETS | RECEIVABLES, NET AND CONTRACT ASSETS The Company’s receivables, net and contract assets consisted of the following (in millions):
|  | March 31, 2023 |  | December 31, 2022
Contracts-in-transit and vehicle receivables, net: |  |  |  |
Contracts-in-transit |  | $ | 142.4 |  |  | $ | 188.2 |
Vehicle receivables |  | 94.4 |  |  | 90.9 |
Total contracts-in-transit and vehicle receivables |  | 236.8 |  |  | 279.0 |
Less: allowance for doubtful accounts |  | 0.3 |  |  | 0.6 |
Total contracts-in-transit and vehicle receivables, net |  | $ | 236.5 |  |  | $ | 278.5 |
Accounts and notes receivable, net: |  |  |  |
Manufacturer receivables |  | $ | 104.5 |  |  | $ | 94.6 |
Parts and service receivables |  | 70.2 |  |  | 68.0 |
F&I receivables |  | 27.3 |  |  | 30.0 |
Other |  | 9.4 |  |  | 12.1 |
Total accounts and notes receivable |  | 211.4 |  |  | 204.7 |
Less: allowance for doubtful accounts |  | 4.3 |  |  | 5.5 |
Total accounts and notes receivable, net |  | $ | 207.1 |  |  | $ | 199.2 |
Within Other current assets and Other long-term assets: |  |  |  |
Total contract assets (1) |  | $ | 47.7 |  |  | $ | 47.9 |
(1) No allowance for doubtful accounts was recorded for contract assets as of March 31, 2023 or December 31, 2022.

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI https://asc.fasb.org/subtopic&trid=2196772 + Details
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- References No definition available. + Details
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