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FEDERAL

RESERVE

G.26

For immediate release
June 7, 1972
AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-APRIL 1972
NEW CARS

Seasonally Adjusted
Extensions ($ millions):
April 1972
March 1972
April 1971

1,865
2,082
1,747

414
469
376

667
696
616

535
626
516

249
291
239

3,397
3,380
3,309

3,320
3,288
3,196

3,249
3,262
3,160

3,748
3,666
3,716

3,255
3,282
3,149

549
616
528

125
143
118

205
213
195

143
171
139

76
89
76

Average note (Dollars):
April 1972
March 1972
April 1971
Cars financed (000):
April 1972
March 1972
April 1971

Not Seasonally Adjusted
Extensions ($ millions):
April 1972
March 1972
April 1971

2,061
2,091
: 1,924

461
473
418

728
722
670

601
603
577

271
293
259

3,384
3,367
3,300

3,317
3,308
3,191

3,236
3,223
3,146

3,733
3,677
3,699

3,226
3,256
3,120

609
621
583

139
143
131

225
224
213

161
164
156

84
90
83

Average note (Dollars):
April 1972
March 1972
April 1971
Cars financed (000):
April 1972
March 1972
April 1971




AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-APRIL 1972
USED CARS

All
lenders

Bank
direct

Bank
purchased

Finance

Other
lenders

Seasonally Adjusted
Extensions

($ millions):

A p r i l 1972
March 1972
A p r i l 1971
Average note

266
309
260

338
355
327

184
214
194

188
215
191

1,873
1,849
1,817

1,760
1,760
1,757

1,964
1,898
1,790

1,939
1,950
1,934

1,824
1,817
1,840

521
591
535

151
176
148

172
187
183

95
110
100

103

(Dollars):

A p r i l 1972
March 1972
A p r i l 1971
Cars financed

976
1,093
972

(000):

A p r i l 1972
March 1972
A p r i l 1971

118
104

Not Seasonally Adjusted
Extensions

($ millions):

A p r i l 1972
March 1972
A p r i l 1971
A v e r a g e note

307
328
299

378
382
364

209
220

220

214
232
216

1,872
1,862
1,817

1,785
1,792
1,780

1,948
1,900
1,776

1,953
1,964
1,947

1,798
1,813
1,815

592
624
605

172
183
168

194
201
205

107
112
113

119
128
119

(Dollars):

A p r i l 1972
March 1972
A p r i l 1971
Cars financed

1,108
1,162
1,099

(000):

A p r i l 1972
March 1972
A p r i l 1971