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Vehicle Rental Activities
 6 Months Ended
Jun. 30, 2017
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
 
June 30,
 
December 31,
 
2017
 
2016
Rental vehicles
$
14,400

 
$
10,937

Less: Accumulated depreciation
(1,431
)
 
(1,454
)
 
12,969

 
9,483

Vehicles held for sale
353

 
981

Vehicles, net
$
13,322

 
$
10,464



The components of vehicle depreciation and lease charges, net are summarized below: 
 
Three Months Ended 
 June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Depreciation expense
$
516

 
$
499

 
$
953

 
$
931

Lease charges
54

 
42

 
97

 
76

(Gain) loss on sale of vehicles, net
27

 
(9
)
 
51

 
(12
)
Vehicle depreciation and lease charges, net
$
597

 
$
532

 
$
1,101

 
$
995



At June 30, 2017 and 2016, the Company had payables related to vehicle purchases included in liabilities under vehicle programs - other of $658 million and $557 million, respectively, and receivables related to vehicle sales included in assets under vehicle programs - receivables from vehicle manufacturers and other of $235 million and $251 million, respectively.