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6.%(, F E D E R AL RESERVE s t a t i s t i c a l r e l e a s e LIBRARY For immediate release January 12, 1972 l k ' ' S AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-NOVEMBER 1971 ---iD NEW CARS All lenders Bank purchased paper Bank direct loans Finance Other lenders Seasonally Adjusted Extensions ($ millions): 1,217 Average note 739 603 491 624 552 274 306 255 179 3,362 3,408 3,065 3,300 3,329 2,965 3,242 3,316 2,987 3,679 3,670 3,354 3,171 3,238 3,053 652 534 397 158 123 92 228 182 164 170 150 82 96 79 59 664 670 442 597 614 262 283 266 166 3 ,287 3. ,333 3. ,027 ,731 3. ,699 3. 3. ,403 3 :,253 3 :,244 3,,132 202 201 146 160 166 77 1*820 (Dollars): November 1971 October 1971 November 1970 Cars financed 523 410 273 2,192 November 1971 October 1971 November 1970 (000): November 1971 October 1971 November 1970 Not Seasonally Adjusted Extensions ($ millions): 2,023 1,997 1,120 479 447 250 3,417 3,425 3,120 3 ,350 3 ;,336 ,012 3. 592 583 359 143 134 83 November 1971 October 1971 November 1970 Average note (Dollars): November 1971 October 1971 November 1970 Cars financed . 1 (000): November 1971 October 1971 November 1970 87 82 53 G.26 -2- AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-NOVEMBER 1971 USED CARS All lenders Bank direct loans Bank purchased Finance Other lenders Seasonally Adiusted Extensions ($ millions): November 1971 October 1971 November 1970 1,087 953 855 307 262 220 368 328 293 1,806 1,788 1,707 1,750 1,722 1,650 1,855 1,819 1,671 1,862 1,897 1,819 1,739 1,728 1,731 602 533 501 175 152 133 198 180 175 104 92 95 125 109 98 194 175 173 ^ 218 188 169 A v e r a g e note (Dollars): November 1971 October 1971 November 1970 Cars financed (000): November 1971 October 1971 November 1970 Not Seasonally Adjusted Extensions ($ millions) : November 1971 October 1971 November 1970 992 960 783 286 267 206 328 329 262 179 178 160 199 186 155 1,840 1,805 1,744 1,776 1,734 1,675 1,874 1,828 1,690 1,925 1,914 1,882 1,809 1,771 1,802 539 532 449 161 154 123 175 180 155 93 93 85 110 105 86 A v e r a g e note (Dollars): November 1971 October 1971 November 1970 Cars financed (000): November 1971 October 1971 November 1970
