Note 3 - Inventories

9 Months Ended

Sep. 30, 2011

Inventory Disclosure [Text Block]

Note 3. Inventories

Inventories are valued at the lower of market value or cost, using a pooled approach for vehicles and the specific identification method for parts. The cost of new and used vehicle inventories includes the cost of dealer installed accessories, reconditioning and transportation. Inventories consisted of the following (in thousands):

	September 30, 2011		December 31, 2010
New vehicles	$	347,602	$	305,721
Used and program vehicles		116,065		87,349
Parts and accessories		25,550		22,158
	$	489,217	$	415,228