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I' im F E D E R A L R statistical E S E R V E 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 1,219 420 523 262 3,385 3,362 3,094 3,261 3,300 2,960 563 652 394 129 158 89 657 739 478 566 624 295 263 306 184 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
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