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/ E D E R A L R E S E R V E statistical release f*4L RE^ For immediate release April 10, 1973 >BIIE INSTALMENT CREDIT DEVELOPMENTS-FEBRUARY 1973 NEW CARS All lenders Bank direct loans Bank purchased Finance Other lenders Seasonally Adjusted Extensions ($ millions): February 1973 January 1973 February 1972 608 2,623 2,610 1,967 635 633 460 997 1,027 741 588 465 383 362 301 3,583 3,551 3,295 3,493 3,503 3,238 3,513 3,439 3,221 3,829 3,829 3,618 3,604 3,589 3,124 732 735 597 182 181 142 285 299 230 159 154 129 106 101 306 262 253 Average note (Dollars): February 1973 January 1973 February 1972 Cars financed (000): February 1973 January 1973 February 1972 96 Not Seasonally Adjusted Extensions ($ millions): February 1973 January 1973 February 1972 2,111 2,092 1,668 510 523 390 813 835 638 482 472 387 3,572 3,552 3,283 3,493 3,510 3,237 3,474 3,408 3,188 3,825 3,837 3,616 591 589 508 146 149 120 234 245 126 123 107 Average note (Dollars): February 1973 January 1973 February 1972 3,600 3,639^ 3,123 Cars financed (000): February 1973 January 1973 February 1972 200 85 72 81 G. 26 -2- AUTOMDBILE INSTALMENT CREDIT DEVELOPMENTS-FEBRUARY 1973 USED CARS All lenders Bank direct Bank purchased F inance Other lenders Seasonally Adjusted Extensions ($ millions): February 1973 January 1973 February 1972 1,355 1,379 1,117 370 383 303 472 491 373 261 249 234 252 256 207 1,958 1,973 1,796 1,900 1,953 1,773 2,045 2,046 1,852 2,043 2,001 1,838 1,832 1,838 1,683 692 699 622 195 196 171 231 240 201 128 124 127 138 139 123 Average note (Dollars): February 1973 January 1973 February 1972 Cars financed (000): February 1973 January 1973 February 1972 Not Seasonally Adjusted Extensions ($ millions) : February 1973 January 1973 February 1972 1,296 1,302 1,109 355 385 304 448 475 369 235 227 218 258 215 218 1,994 2,012 1,824 1,940 1,974 1,810 2,074 2,093 1,878 2,080 2,045 1,871 1,870 1,886 1,717 650 647 183 195 216 227 113 111 138 114 608 • 168 196 117 127 Average note (Dollars): February 1973 January 1973 February 1972 Cars financed (000): February 1973 January 1973 February 1972
