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Vehicle Rental Activities | 9 Months Ended
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Sep. 30, 2018
Vehicle Rental Activities [Abstract] |
Vehicle Rental Activities | Vehicle Rental Activities The components of vehicles, net within assets under vehicle programs were as follows:
| As of |  | As of
| September 30, |  | December 31,
| 2018 |  | 2017
Rental vehicles | $ | 13,418 |  |  | $ | 11,652 |
Less: Accumulated depreciation | (1,701 | ) |  | (1,652 | )
| 11,717 |  |  | 10,000 |
Vehicles held for sale | 446 |  |  | 626 |
Vehicles, net | $ | 12,163 |  |  | $ | 10,626 |
The components of vehicle depreciation and lease charges, net are summarized below:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Depreciation expense | $ | 540 |  |  | $ | 547 |  |  | $ | 1,536 |  |  | $ | 1,500 |
Lease charges | 72 |  |  | 67 |  |  | 192 |  |  | 164 |
(Gain) loss on sale of vehicles, net | (25 | ) |  | 2 |  |  | (35 | ) |  | 53 |
Vehicle depreciation and lease charges, net | $ | 587 |  |  | $ | 616 |  |  | $ | 1,693 |  |  | $ | 1,717 |
At September 30, 2018 and 2017, the Company had payables related to vehicle purchases included in liabilities under vehicle programs - other of $269 million and $231 million, respectively, and receivables related to vehicle sales included in assets under vehicle programs - receivables from vehicle manufacturers and other of $757 million and $707 million, respectively.

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- Definition Vehicle Rental Activities [Abstract] + References No definition available. + Details
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- Definition Information related to the Company's vehicle rental activities. + References No definition available. + Details
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