Accounts Payable and Accrued Liabilities

6 Months Ended

Jun. 30, 2025

NOTE 5 — ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

The following table summarizes accounts payable and accrued liabilities as of June 30, 2025 and December 31, 2024:


	June 30, 2025		December 31, 2024

	(in millions)
Accounts payable, including $24 and $17, respectively, due to related parties	$	257	$	236
Reserve for returns and cancellations	98		75
Accrued interest expense	95		96
Sales taxes and vehicle licenses and fees	92		87
Accrued insurance	71		63
Accrued compensation and benefits	59		92
Customer deposits	46		63
Accrued advertising costs	25		18



Other accrued liabilities	150		126
Total accounts payable and accrued liabilities	$	893	$	856