v3.25.2
RECEIVABLES, NET AND CONTRACT ASSETS
 6 Months Ended
Jun. 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):
June 30, 2025December 31, 2024
Contracts-in-transit and vehicle receivables, net:
Contracts-in-transit$244.4 $250.3 
Vehicle receivables107.5 110.6 
Total contracts-in-transit and vehicle receivables351.9 360.9 
Less: allowance for doubtful accounts 0.6 0.8 
Total contracts-in-transit and vehicle receivables, net$351.3 $360.1 
Accounts and notes receivable, net:
Manufacturer receivables$161.4 $177.4 
Parts and service receivables 84.6 80.6 
F&I receivables36.7 39.7 
Other18.5 11.7 
Total accounts and notes receivable301.2 309.5 
Less: allowance for doubtful accounts 5.6 6.4 
Total accounts and notes receivable, net $295.6 $303.0 
Within Other current assets and Other long-term assets:
Total contract assets (1)
$65.3 $59.0 
(1) No allowance for doubtful accounts was recorded for contract assets as of June 30, 2025 or December 31, 2024.