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DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of Property and Equipment

Depreciation and amortization expense is calculated using the straight-line method over the shorter of the asset’s estimated useful life or the lease term, if applicable.

Category						Estimated Useful Life (in Years)
Buildings						25
Leasehold Improvements						15
Furniture, fixtures and equipment						3 to 15
Technology development						3 to 5
Vehicles						5

    

The following table summarizes property and equipment, net, as of December 31:

($ in millions)			2024						2023
Land			$	11.5					$	11.9
Buildings and improvements			39.9						43.6
Leasehold improvements			16.1						19.0
Furniture, fixtures and equipment			8.3						10.1
Technology development			9.7						18.1
Vehicles			12.6						12.9
Total property and equipment			98.1						115.6
Less: accumulated depreciation and amortization			34.6						38.8
Total			$	63.5					$	76.8

Schedules of Concentration Risk

For 2024, original equipment manufacturers (“OEM”s) representing 10% or more of RumbleOn’s revenue from new powersports vehicle sales were as follows:

Manufacturer (Powersports Vehicle Brands):						% of Total New Vehicle Revenue
Polaris						28.0%
BRP						22.5%
Harley-Davidson						12.4%

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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