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Leased Vehicles
9 Months Ended
Sep. 30, 2025
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Abstract]  
Leased Vehicles Leased Vehicles
September 30, 2025December 31, 2024
Leased vehicles(a)
$40,283 $38,187 
Less: accumulated depreciation(6,674)(6,601)
Leased vehicles, net$33,609 $31,586 
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(a)    Net of vehicle acquisition costs, less manufacturer incentives and investment tax credits.
Depreciation expense related to leased vehicles, net was $1.2 billion for both the three months ended September 30, 2025 and 2024, and $3.7 billion and $3.6 billion for the nine months ended September 30, 2025 and 2024.
The following table summarizes minimum rental payments due to us as lessor under operating leases at September 30, 2025:
Years Ending December 31,
20252026202720282029ThereafterTotal
Lease payments under operating leases
$1,520 $5,055 $2,885 $834 $73 $$10,367