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Vehicle Rental Activities | 9 Months Ended
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Sep. 30, 2021
Property, Plant and Equipment [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,
| 2021 |  | 2020
Rental vehicles | $ | 13,501 |  |  | $ | 9,210 |
Less: Accumulated depreciation | (1,699) |  |  | (1,337) |
| 11,802 |  |  | 7,873 |
Vehicles held for sale | 123 |  |  | 280 |
Vehicles, net | $ | 11,925 |  |  | $ | 8,153 |
The components of vehicle depreciation and lease charges, net are summarized below:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Depreciation expense | $ | 386 |  |  | $ | 315 |  |  | $ | 981 |  |  | $ | 1,063 |
Lease charges | 43 |  |  | 50 |  |  | 129 |  |  | 149 |
(Gain) loss on sale of vehicles, net | (152) |  |  | (109) |  |  | (241) |  |  | (123) |
Vehicle depreciation and lease charges, net | $ | 277 |  |  | $ | 256 |  |  | $ | 869 |  |  | $ | 1,089 |
At September 30, 2021 and 2020, the Company had payables related to vehicle purchases included in liabilities under vehicle programs - other of $167 million and $213 million, respectively, and receivables related to vehicle sales included in assets under vehicle programs - receivables from vehicle manufacturers and other of $145 million and $357 million, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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