Acquisitions (Tables)

3 Months Ended

Mar. 31, 2024

Assets Of Multiple Dealership Locations Acquired

Acquisitions

Summary of the purchase price allocations

	Three Months Ended March 31,
($ in thousands)	2024		2023
Tangible assets (liabilities) acquired (assumed):
Inventories, net		40,394		(122)
Property and equipment, net		287		—
Operating lease assets		15,328		—
Accrued liabilities		(40)		—
Current portion of operating lease liabilities		(1,112)		—
Other current liabilities		(21)		—
Operating lease liabilities, net of current portion		(14,216)		—
Total tangible net assets acquired		40,620		(122)
Total intangible assets acquired		2,595		—
Goodwill		24,458		122
Purchase price of acquisitions		67,673		—
Application of deposit paid in prior period		(8,873)		—
Cash paid for acquisitions, net of cash acquired		58,800		—
Inventory purchases financed via floor plan		(48,684)		—
Cash payment net of floor plan financing	$	10,116	$	—