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Inventories
9 Months Ended
Sep. 30, 2012
Inventories  
Inventories

2. Inventories

 

Inventories consisted of the following:

 

 

 

September 30,

 

December 31,

 

 

 

2012

 

2011

 

New vehicles

 

$

1,299,364

 

$

1,051,120

 

Used vehicles

 

479,460

 

441,655

 

Parts, accessories and other

 

85,949

 

79,793

 

 

 

 

 

 

 

Total inventories

 

$

1,864,773

 

$

1,572,568

 

 

We receive credits from certain vehicle manufacturers that reduce cost of sales when the vehicles are sold. Such credits amounted to $23,190 and $20,967 during the nine months ended September 30, 2012 and 2011, respectively.