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r e Ie a s e
For immediate release
February 11, 1972

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-DECEMBER 1971

All
lenders

Bank
purchased
paper

Bank
direct
loans

Finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
December 1971
November 1971
December 1970

1,906
2,192
1,219

3,385
3,362
3,094

3,261
3,300
2,960

563
652
394

129
158
89

657
739
478

420
523
262

566
624
295

263
306
184

3,^00
<9'242
^975

3,735
3,679
3,563

3,178
3,171
3,0%0

zH
161

152
170
83

83
- 96
61

Average note (Dollars):
December 1971
November 1971
December 1970

.

Cars financed (000):
December 1971
November 1971
December 1970

Not Seasonally Adjusted
Extensions ($ millions):
December 1971
November 1971
December 1970

1,758
2,023
1,123

390
479
244

576
6 64
420

542
597
284

250
283
175

3,474
3,417
3,181

3,362
3,350
3,050

3,349
3,287
3,022

3,817
3,731
3,641

3,289
3,253
3,125

506
592
353

116
143
80

172
202
139

142
160
78

76
87
56

Average note (Dollars):
December 1971
November 1971
December 1970
Cars financed (000):
December 1971
November 1971
December 1970




G.26
AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-DECEM3ER 1971
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased

Finance

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
December 1971
November 1971
December 1970

1,021
1,087
898

274
307
231

357
368
302

184
194
170

206
218
195

1,804
1,8'06
1,711

1,739
1,750
1,676

1,856
1,855
1,658

1,872
1,862
1,835

1,744
1,739
1,743

566
602
525

158
175
138

192
198
182

98
104
93

118
125
112

Average note (Dollars):
December 1971
November 1971
December 1970
Cars financed (000):
December 1971
November 1971
December 1970

Not Seasonally Adjusted
Extensions ($ millions):
December 1971
November 1971
December 1970

937
992
824

257
286
217

318
328
269

175
179
162

187
199
176

1,841
1,840
1,749

1,760
1,776
1,695

1,904
1,874
1,703

1,923
1,925
1,884

1,781
1,809
1,778

509
539
471

146
161
128

167
175
158

91
93
86

105
110
99

Average note (Dollars):
December 1971
November 1971
December 1970
Cars financed (000):
December 1971
November 1971
December 1970