ACCOUNTS RECEIVABLE (Tables)

6 Months Ended

Jun. 30, 2024

Receivables [Abstract]

Schedule of Accounts Receivable

Accounts receivable consisted of the following:

(in millions)	June 30, 2024		December 31, 2023
Contracts in transit	$	534.9	$	559.7
Trade receivables	177.3		153.3
Vehicle receivables	272.8		191.4
Manufacturer receivables	248.9		216.5
Other receivables, current	11.6		9.3
	1,245.5		1,130.2
Less: Allowance for doubtful accounts	(2.6)		(7.1)
Total accounts receivable, net	$	1,242.9	$	1,123.1

Finance Receivables, net

(in millions)	June 30, 2024		December 31, 2023
Asset-backed term funding	$	2,507.0	$	2,146.5
Warehouse facilities	890.4		749.3
Other managed receivables	342.3		452.9
Total finance receivables	3,739.7		3,348.7
Less: Allowance for finance receivable losses	(115.8)		(106.4)
Finance receivables, net	$	3,623.9	$	3,242.3