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RECEIVABLES, NET
 12 Months Ended
Dec. 31, 2023
Receivables [Abstract]  
RECEIVABLES, NET RECEIVABLES, NET
Receivables consisted of the following:

As of December 31,
(In thousands)20232022
Contracts in transit and vehicle receivables$14,347 $15,442 
Manufacturer receivables8,750 8,760 
Finance and other receivables76 1,327 
23,173 25,529 
Less: Allowance for doubtful accounts(479)(476)
$22,694 $25,053 

Contracts in transit represent receivables from financial institutions for the portion of the vehicle and other products sales price financed by our customers through financing sources arranged by us. Manufacturer receivables are due from the manufacturers for incentives, rebates, and other programs. These incentives and rebates are treated as a reduction of Cost of revenue.