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For immediate release
November 15, 1974
AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-SEPTEMBER 1974
NEW CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
September 1974
August 1974
September 1973

2,418
2,437
2,445

553
550
552

830
898
942

614
575
566

421
414
385

4,112
3,950
3,856

3,891
3,806
3,726

4,124
3,828
3,777

4,358
4,400
4,142

4,039
3,915
3,846

588
617
634

142
.145
148

201
235
249

141
131
137

104
106
100

Average note (Dollars):
September 1974
August 1974
September 1973
Cars financed (000):
September 1974
August 1974
September 1973

Not Seasonally Adjusted
Extensions ($ millions):
September 1974
August 1974
September 1973

2,242
2,636
2,249

498
563
498

788
980
891

522
626
488

434
467
372

4,054
3,946
3,799

3,860
3,779
3,689

4,062
3,828
3,713

4,314
4,378
4,101

3,982
3,892
3,796

553
668
592

129
149
135

194
256
240

121
143
119

109

Average note (Dollars):
September 1974
August 1974
September 1973
Cars financed (000):
September 1974
August 1974
September 1973




UQr

98

AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS-SEPTEMBER 1974
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Finance

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
September 1974
August 1974
September 1973

1,449
1,466
1,416

426
409
385

437
477
478

234
222
245

352
358
308

2,240
2,252
2,092

2,188
2,194
2,056

2,312
2,337
2,184

2,441
2,432
2,154

2,103
2,110
1,965

647
651
677

195
186
187

189
204
219

96
91
114

167
170
157

Average note (Dollars):
September 1974
August 1974
September 1973
Cars financed (000):
September 1974
August 1974
September 1973

Not Seasonally Adjusted
Extensions ($ millions):
September 1974
August 1974
September 1973

1,327
1,499
1,226

374
400
327

388
492
413

209
234
208

356
373
278

2,165
2,185
2,023

2,125
2,128
1,994

2,243
2,288
2,118

2,348
2,340
2,059

2,034
2,038
1,904

613
686
606

176
188
164

173
215
195

89
100
101

175
183
146

Average note (Dollars):
September 1974
August 1974
September 1973
Cars financed (000):
September 1974
August 1974
September 1973