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Leased Vehicles
6 Months Ended
Jun. 30, 2022
Lessor Disclosure [Abstract]  
Leased Vehicles Leased Vehicles
June 30, 2022December 31, 2021
Leased vehicles$50,034 $54,821 
Manufacturer subvention(6,108)(7,398)
Net capitalized cost43,925 47,423 
Less: accumulated depreciation(8,618)(9,494)
Leased vehicles, net$35,307 $37,929 
Depreciation expense related to leased vehicles, net was $1.2 billion and $1.5 billion for the three months ended June 30, 2022 and 2021 and $2.4 billion and $3.2 billion for the six months ended June 30, 2022 and 2021.
The following table summarizes minimum rental payments due to us as lessor under operating leases at June 30, 2022:
Years Ending December 31,
20222023202420252026ThereafterTotal
Lease payments under operating leases
$2,791 $4,179 $1,977 $422 $22 $— $9,393