Sonic Automotive reported its third quarter results today, highlighted by several all-time records.

In addition to setting an all-time record for new retail unit sales (36,301 units, up 6.5 percent year-over-year), Sonic also set a new all-time record for pre-owned gross profit, revealing a 5.8-percent increase year-over-year with a pre-owned gross profit of $41.2 million.

The company’s total gross profit was a third-quarter record at $341.5 million, up $15.4 million, or 4.7 percent, over Q3 2013.

Pre-owned revenue was up 23.7 million for the company, an increase of 4.2 percent over last year, with a pre-owned unit sales per store per month of 90 units.

“Our team worked very hard during the third quarter and it definitely paid off,” Scott Smith, Sonic’s president, said. “We were able to deliver record-breaking results while still driving forward with our EchoPark and One Sonic-One Experience initiatives. Initial results from our One Sonic-One Experience test store in Charlotte met our expectations and we plan to continue the rollout of this initiative to the entire Charlotte market in the fourth quarter.

“The fourth quarter also involves our grand opening of EchoPark in Denver which we believe, together with our One Sonic-One Experience initiative, will transform the retail automotive buying experience," he added.

Total net income from continuing operations for Q3 2014 was $24.6 million, or $0.47 per fully diluted share, compared to $24.7 million and $0.46 for Q3 2013. This year’s Q3 results include a net pre-tax gain of approximately $0.8 million, or $0.01 per diluted share, related to a gain on disposal of franchises, partially offset by severe storm damage and impairment charges, according to the company.

The company also repurchased approximately 1.2 million Class A common shares during the quarter in open market transactions, with approximately $93 million of remaining share repurchase authorization.