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RECEIVABLES, NET AND CONTRACT ASSETS
9 Months Ended
Sep. 30, 2025
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):
September 30, 2025December 31, 2024
Contracts-in-transit and vehicle receivables, net:
Contracts-in-transit$230.1 $250.3 
Vehicle receivables107.0 110.6 
Total contracts-in-transit and vehicle receivables337.2 360.9 
Less: allowance for doubtful accounts 0.5 0.8 
Total contracts-in-transit and vehicle receivables, net$336.7 $360.1 
Accounts and notes receivable, net:
Manufacturer receivables$175.6 $177.4 
Parts and service receivables 88.6 80.6 
F&I receivables35.5 39.7 
Other16.4 11.7 
Total accounts and notes receivable316.1 309.5 
Less: allowance for doubtful accounts 5.1 6.4 
Total accounts and notes receivable, net $311.0 $303.0 
Within Other current assets and Other long-term assets:
Total contract assets (1)
$71.1 $59.0 
(1) No allowance for doubtful accounts was recorded for contract assets as of September 30, 2025 or December 31, 2024.