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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
