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PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
The Company’s property and equipment consisted of the following (in millions):
 December 31,
 20242023
Land$1,177.5 $888.8 
Buildings and leasehold improvements1,842.6 1,516.6 
Machinery and dealership equipment204.4 181.6 
Office equipment, furniture and fixtures175.3 149.1 
Company vehicles15.7 14.6 
Construction in progress98.2 85.7 
Total3,513.8 2,836.4 
Less: accumulated depreciation and amortization657.3 587.7 
Property and equipment, net$2,856.5 $2,248.7 
No asset impairments were recorded for the year ended December 31, 2024. For the years ended December 31, 2023 and 2022, the Company recognized $6.8 million and $0.8 million, respectively, in asset impairment charges related to property and equipment in the Company’s U.S. segment. Property and equipment impairment charges are reflected in Asset impairments in the Consolidated Statements of Operations.
Depreciation and amortization expense totaled $113.1 million, $92.0 million and $88.4 million for the years ended December 31, 2024, 2023 and 2022, respectively.
The Company capitalized $2.5 million, $2.0 million and $1.1 million of interest on construction projects for the years ended December 31, 2024, 2023 and 2022, respectively.