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Receivables, Net
 9 Months Ended
Sep. 30, 2012
Receivables [Abstract]  
Receivables, Net
RECEIVABLES, NET
The components of receivables, net of allowance for doubtful accounts, are as follows:
 
September 30,
2012
 
December 31,
2011
Trade receivables
$
96.4

 
$
94.3

Manufacturer receivables
124.0

 
138.4

Other
36.3

 
41.4

 
256.7

 
274.1

Less: Allowances
(3.1
)
 
(3.0
)
 
253.6

 
271.1

Contracts-in-transit and vehicle receivables
260.6

 
306.1

Income tax refundable (see Note 6)
—

 
10.2

Receivables, net
$
514.2

 
$
587.4



Contracts-in-transit and vehicle receivables primarily represent receivables from financial institutions for the portion of the vehicle sales price financed by our customers.