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Leased Vehicles
12 Months Ended
Dec. 31, 2020
Property Subject to or Available for Operating Lease, Net [Abstract]  
Leased Vehicles Leased Vehicles
 December 31, 2020December 31, 2019
Leased vehicles$58,915 $62,767 
Manufacturer subvention(8,915)(9,731)
Net capitalized cost50,000 53,036 
Less: accumulated depreciation(10,181)(10,981)
Leased vehicles, net$39,819 $42,055 
Depreciation expense related to leased vehicles, net was $7.2 billion, $7.3 billion and $7.5 billion in 2020, 2019, and 2018.
The following table summarizes minimum rental payments due to us as lessor under operating leases at December 31, 2020:
Years Ending December 31,
20212022202320242025ThereafterTotal
Lease payments under operating leases
$6,142 $3,783 $1,441 $112 $$— $11,480