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\5^ FEJ>B\R A L R E S E R V E istical release For immediate release August 10, 1971 TALMENT CREDIT DEVELOPMENTS-JUNE 1971 AUTOMOBILE NEW CARS All lenders Bank direct loans Bank purchased paper Finance cos. Other lenders Seasonally Adjusted Extensions ($. millions) : June 1971 May 1971 June 1970 1,765 1,647 1,623 383 365 336 616 571 564 510 476 502 256 235 221 3,343 3,314 3,201 . 3,227 3,211 3,076 3,233 3,165 3,099 3,701 3,697 3,480 3,218 3,186 3,061 528 497 507 119 114 109 191 180 182 138 129 144 80 Average note (Dollars): June 1971 May 1971 June 1970 Cars financed (000): June 1971 May 1971 June 1970 - 74 72 Not Seasonally Adjusted Extensions ($ millions): June 1971 May 1971 June 1970 2,090 1,804 1,923 450 406 395 719 623 658 610 513 601 311 262 269 3,333 3,286 3,179 3,214 3,172 3,062 3,239 3,162 3,104 3,675 3,664 3,454 3,141 3,119 2,989 627 549 605 140 128 129 222 197 212 166 140 174 99 84 90 Average note (Dollars): June 1971 May 1971 June 1970 Cars financed (000): June 1971 May 1971 June 1970 /S2> G.26 -2AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-JUNE 1971 USED CARS All lenders Bank direct loans Bank purchased paper Finance Other lenders Seasonally Adjusted Extensions ($ millions): June 1971 May 1971 June 1970 1,031 925 924 287 253 233 336 300 308 197 188 199 211 184 184 1,828 1,800 1,674 1 ,778 1 ,719 1 ,655 1 ,802 1 ,807 1 ,714 1,954 1,936 1,782 1,812 1,777 1,542 564 514 552 161 147 141 186 166 180 101 97 112 116 104 119 Average note (Dollars): June 1971 May 1971 June 1970 Cars financed (000): June 1971 May 1971 June 1970 Not Seasonally Ad lusted Extensions ($ millions): June 1971 May 1971 June 1970 1,125 1,002 1,014 294 271 239 369 323 339 227 202 230 235 206 206 1,812 1,792 1,662 1,,760 1, 726 1, 637 1,,809 1,,794 1,,721 1,940 1,924 1,769 1,767 1,761 1,504 621 559 610 167 157 146 204 180 197 117 105 i-30 133 117 137 Average note (Dollars): June 1971 May 1971 June 1970 Cars financed (000): June 1971 May 1971 June 1970
@FedFRASER