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Inventory
 3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
Inventory

6. Inventory

 

Inventory consisted of the following (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Vehicles

 

$

737,583

 

 

$

724,542

 

Parts and accessories

 

 

3,785

 

 

 

1,842

 

Total inventory

 

$

741,368

 

 

$

726,384

 

 

As of March 31, 2022 and December 31, 2021, “Inventory” includes an adjustment of $22.9 million and $22.4 million, respectively, to record the balances at the lower of cost or net realizable value.