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FEDERAL RESERVE. statistical release f*4L Rt^ For immediate release A p r i l 10, 1972 . A U T O M 3 B I L E INSTALMENT CREDIT DEVELOPMENTS-FEBRUARY 1972 All lenders Bank direct loans Bank purchased paper Finance Other lenders Seasonally Adjusted Extensions ($ millions): February 1972 January 1972 February 1971 Average note 432 394 364 3,333 3,320 3,234 613 559 525 737 570 589 539 536 285 257 228 3,253 3,266 3,203 3,219 3,213 3,039 3,636 3,621 3,580 3,210 3,128 3,109 133 121 114 229 207 188 162 149 150 89 82 73 666 (Dollars): February 1972 January 1972 February 1971 Cars financed 2,043 1,856 1,698 (000): February 1972 January 1972 February 1971 Not Seasonally Adjusted Extensions ($ millions): Average note 360 319 303 588 527 455 483 437 439 180 3,359 3,361 3,263 3,273 3,289 3,223 3,213 3,213 3,033 3,687 3,672 3,628 3,261 3,250 3,158 493 432 110 97 94 183 164 150 131 119 121 69 52 57 (Dollars): February 1972 January 1972 February 1971 Cars financed 225 169 1,656 1,452 1,377 February 1972 January 1972 February 1971 (000): February 1972 January 1972 February 1971 422 G.26 -2- AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS-FEBRUARY 1972 USED CARS All lenders Bank direct loans Bank purchased paper Finance Other lenders Seasonally Ad justed Extensions ($ millions): 997 934 285 273 245 362 335 321 200 186 188 203 180 1,848 1,836 1,772 1,781 1,787 1,697 1,864 1,890 1,785 1,924 1,879 1,889 1,842 1,788 1,756 578 160 194 104 120 543 527 153 144 177 / 180 99 100 114 103 1,068 February 1972 January 1972 February 1971 221 Average note (Dollars): February 1972 January 1972 February 1971 Cars financed (000): February 1972 January 1972 February 1971 Not Seasonally Adjusted Extensions ($ millions): February 1972 January 1972 February 1971 Average note 280 266 241 339 319 301 184 174 173 206 161 168 1,879 1,885 1,806 1,818 1,810 1,734 1,894 1,933 1,813 1,957 1,933 1,922 1,873 1,872 1,787 537 488 489 154 147 139 179 165 166 94 90 90 110 (Dollars): February 1972 January 1972 February 1971 Cars financed 1,009 920 883 (000): February 1972 January 1972 February 1971 86 94