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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net income (loss) $ 97 $ (391)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization expense 158 183
Equity-based compensation expense 45 34
Loss on disposal of property and equipment 2 6
Loss on debt extinguishment 2 0
Payment-in-kind interest expense 285 0
Provision for bad debt and valuation allowance 17 25
Amortization of debt issuance costs 9 14
Unrealized gain on warrants to acquire Root Class A common stock (53) 0
Unrealized gain on beneficial interests in securitizations (14) (5)
Changes in finance receivable related assets:    
Originations of finance receivables (3,888) (2,913)
Proceeds from sale of finance receivables, net 4,012 3,118
Gain on loan sales (317) (214)
Principal payments received on finance receivables held for sale 90 132
Other changes in assets and liabilities:    
Vehicle inventory (70) 564
Accounts receivable (88) (86)
Other assets 9 4
Accounts payable and accrued liabilities 145 (24)
Operating lease right-of-use assets (11) 47
Operating lease liabilities 15 (41)
Other liabilities 10 (10)
Net cash provided by operating activities 455 443 Close
Cash Flows from Investing Activities:    
Purchases of property and equipment (40) (50)
Proceeds from disposal of property and equipment 8 33
Payments for acquisitions, net of cash acquired 0 (7)
Principal payments received on and proceeds from sale of beneficial interests 41 30
Net cash provided by investing activities 9 6 Close
Cash Flows from Financing Activities:    
Proceeds from short-term revolving facilities 1,746 4,536
Payments on short-term revolving facilities (2,342) (4,909)
Proceeds from issuance of long-term debt 101 62
Payments on long-term debt (303) (85)
Payments of debt issuance costs (3) (2)
Net proceeds from issuance of Class A common stock 347 0
Proceeds from equity-based compensation plans 3 0
Tax withholdings related to restricted stock units and awards 0 (2)
Net cash used in financing activities (451) (400) Close
Net increase in cash, cash equivalents and restricted cash 13 49 Close
Cash, cash equivalents and restricted cash at beginning of period 594 628
Cash, cash equivalents and restricted cash at end of period $ 607 $ 677