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FEDERAL RESE R V E
$ta tistical release
G. 26
For immediate release
May 7,1975
AUTOMOBILE INSTALMENT CREDIT

All
lenders

Bank
direct
loans

spurchM^d
-P»P<6

Finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
March 1975
- February 1975
March 1974

1,935
2,405
2,121

393
452
452

866

4,262
4,318
3,870

4,029
4,104
3,762

4,145
4,242
3,823

4,815
4,726
4,108

4*140
4,152
3,834

454
557
548

98

120

163
212
227

102
139
115

86

675
899

491
656
474

Average note (Dollars):
March 1975
February 1975
March 1974
Cars financed (000):
March 1975
February 19.75
March 1974

110

376
398
329

91
96

Not Seasonally Adjusted
Extensions ($ millions):
March 1975
February 1975
March 1974 ..

1,882
1,925
2,054

392
363
449

658
730
833

4,248
4,287
3,854

4,041
4,079
3,773

4,087
4,195
3,769

470
511
452

Average note (Dollars):
March 1975
February 1975
March 1974

4,796
4,688
4,091

Cars financed (000):
March 1975
February 1975
March 1974




443
449
533

97
89
119

161
174
221

98
109
110

362
321
320

4,161
4,169
3,855

87
77
83

# 4

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-MARCH 1975
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
March 1975
February 1975
March 1974

1,518
1,431
1,412

422
414
394

430
392
482

242
242
225

424
383
311

2,286
2,327r
2,111

2,254
2,272
2,063

2,351
2,460

2,505
2,525
2,163

2,15*
2,153
1,969

664
615r
669

187
182
191

97
96
104

197
178
158

Average note (Dollars):
March 1975
February 1975
March 1974

2,228

Cars financed (000):
March 1975
February 1975
March 1974

183
15 9r

2Ur

Not Seasonally Adjusted
Extensions ($ millions):
March 1975
February 1975
March 1974

1,634
1,355
1,490

463
387
424

445
369
495

255
222
233

471
377
338

2,305
2,365
2,123

2,281
2,304
2,089

2,342
2,477
2,220

2,525
2,581
2,180

2,218

709
573
702

203
168
203

190
149
223

101

Average note (Dollars):
March 1975
February 1975
March 1974

2,191

2,000

Cars financed (000):
March 1975
February 1975
March 1974




86

107

215
170
169