v3.26.1
RECEIVABLES, NET AND CONTRACT ASSETS (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Accounts and Notes Receivable
The Company’s receivables, net and contract assets consisted of the following (in millions):
June 30, 2026December 31, 2025
Contracts-in-transit and vehicle receivables, net:
Contracts-in-transit$181.9 $224.0 
Vehicle receivables118.4 102.9 
Total contracts-in-transit and vehicle receivables300.2 326.8 
Less: allowance for doubtful accounts 0.6 0.5 
Total contracts-in-transit and vehicle receivables, net$299.7 $326.4 
Accounts and notes receivable, net:
Manufacturer receivables$156.2 $175.5 
Parts and service receivables 82.7 84.0 
F&I receivables33.3 39.2 
Other20.3 14.5 
Total accounts and notes receivable292.4 313.2 
Less: allowance for doubtful accounts 5.4 4.8 
Total accounts and notes receivable, net $287.0 $308.4 
Within Other current assets and Other long-term assets:
Total contract assets (1)
$68.7 $71.6 
(1) No allowance for doubtful accounts was recorded for contract assets as of June 30, 2026 or December 31, 2025.