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FEDERAL

RESERV

G.26

F o r immediate r e l e a s e
O c t o b e r 12, 1973
nCT ^
kUTOMDBILE ]

SNT CREDIT DEVELOPMENTS- AUGUST 1973
NEW CARS

All
lenders

Bank
purchased
paper

Bank
direct
loans

Finance
cos.

Other
lenders

Seasonally Adjusted
E x t e n s i o n s ($ m i l l i o n s ) :
August 1973
J u l y 1973
August 1972

2,559
2,554
2,164

592
592
514

1,043
1,017
820

574
572
511

350
373
319

3,741
3,670
3,392

3,638
3,516
3,327

3,667
3,622
3,334

4,028
3,965
3,689

3,731
3,616
. 3,209

684
696
638

163
168
154

284
281
246

143
144
139

94
103
99

Average n o t e ( D o l l a r s ) :
August 1973
J u l y 1973
August 1972
Cars f i n a n c e d (000):
August 1973
J u l y 1973
August 1972

„

Not S e a s o n a l l y A d j u s t e d
E x t e n s i o n s ($ m i l l i o n s ) :
August 1973
J u l y 1973
August 1972

2,812
2,793
2,389

625
643
541

1,144
1,126
909

628
639
563

415
385
376

3,729
3,670
3,370

3,613
3,495
3,303

3,667
3,644
3,333

4,000
3,969
3,664

3,705
3,598
3,186

7J>4
761
709

173
184
164

312
309
273

157
161
154

112
107
118

Average n o t e ( D o l l a r s ) :
August 1973
J u l y 1973
August 1972
Cars f i n a n c e d ( 0 0 0 ) :
August 1973
J u l y 1973
August 1972




G.26

-2-

AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS-AUGUST 1973
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Finance
cos .

Other
lenders

Seasonally Adjusted
E x t e n s i o n s ($ m i l l i o n s ) :
August 1973
J u l y 1973
August 1972

-

1,367
1,399
1,239

397
394
338

463
464
435

240
242
231

267
299
235

2,110
2,033
1,877

2,071
1,974
1,851

2,202
2,140
1,946

2,146
2,120
1,933

1,994
1,910
1,761

648
688
660

192
200
183

210
217
224

112
114
120

134
157
133

Average n o t e ( D o l l a r s ) :
August 1973
J u l y 1973
August 1972
Cars f i n a n c e d ( 0 0 0 ) :
August 1973
J u l y 1973
August 1972

Not S e a s o n a l l y A d j u s t e d
E x t e n s i o n s ($ m i l l i o n s ) :
A u g u s t 1973
J u l y 1973
August 1972

1,439
1,384
1,307

396
385
339

493
479
468

259
251
248

291
269
252

2,032
2,026
1,810

1,990
1,964
1,779

2,143
2,138
1,893

2,056
2,092
1,851

1,902
1,881
1,680

708
683
722

199
196
191

230
224
247

126
120
134

153
143
150

Average n o t e ( D o l l a r s ) :
A u g u s t 1973
J u l y 1973
August 1972
Cars financed (000):
A u g u s t 1973
J u l y 1973
A u g u s t 1972