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Vehicle Rental Activities
 9 Months Ended
Sep. 30, 2019
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,
 
2019
 
2018
Rental vehicles
$
13,691

 
$
12,548

Less: Accumulated depreciation
(1,524
)
 
(1,670
)
 
12,167

 
10,878

Vehicles held for sale
585

 
596

Vehicles, net
$
12,752

 
$
11,474



The components of vehicle depreciation and lease charges, net are summarized below: 
 
Three Months Ended 
September 30,
 
Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
Depreciation expense
$
516

 
$
540

 
$
1,457

 
$
1,536

Lease charges
72

 
72

 
191

 
192

(Gain) loss on sale of vehicles, net
(37
)
 
(25
)
 
(69
)
 
(35
)
Vehicle depreciation and lease charges, net
$
551

 
$
587

 
$
1,579

 
$
1,693



At September 30, 2019 and 2018, the Company had payables related to vehicle purchases included in liabilities under vehicle programs - other of $297 million and $269 million, respectively, and receivables related to vehicle sales included in assets under vehicle programs - receivables from vehicle manufacturers and other of $693 million and $757 million, respectively.