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lft> F E D E R A L R s t a t i s t i c a l E S E R V E r e l e a s e For immediate release October 8, 1971 AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-AUGUST 1971 NEW CARS Seasonally Adjusted Extensions ($ millions): 1,887 1,702 1,515 Average note 672 576 549 521 504 430 269 229 214 3,302 3,230 3; 109 3,255 3,189 3,073 3,678 3,722 3,493 3,251 3,178 3,092 560 510 475 129 122 104 206 181 179 142 135 123 83 72 (Dollars): August 1971 July 1971 August 1970 Cars financed 425 393 322 3,370 3,337 3,189 August 1971 July 1971 August 1970 (000): August 1971 July 1971 August 1970 Not Seasonally Adjusted Extensions ($ millions): 1,950 1,948 1,569 Average note August 1971 July 1971 August 1970 705 675 577 529 591 437 296 258 236 3,256 3,191 3,067 3,219 3,199 3,037 3,623 3,677 3,441 3,183 3,108 3,026 587 588 499 129 136 219 211 104 190 146 158 127 93 83 78 (Dollars): August 1971 July 1971 August 1970 Cars financed 420 434 319 3,322 3,313 3,144 August 1971 July 1971 August 1970 (000): G. 26 -2- AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-AUGUST 1971 USED CARS Seasonally Adjusted Extensions ($ millions): 1,039 974 895 Average note 347 323 308 208 196 183 201 186 178 1,770 .1,788 1,660 1,878 1,844 1,719 1,963 1,966 1,777 1,794 1,861 1,542 563 525 533 160 150 136 185 175 179 106 100 103 112 100 115 (Dollars): August 1971 July 1971 August 1970 Cars financed 283 269 226 1,845 1,855 1,679 August 1971 July 1971 August 1970 (000): August 1971 July 1971 August 1970 Not Seasonally Adjusted Extensions ($ millions): August 1971 July 1971 August 1970 1,030 1,007 891 267 268 214 349 341 311 201 210 177 213 188 189 1,773 1,821 1,608 1,690 1,763 1,585 1,827 1,824 1,672 1,879 1,927 1,702 1,-704 1,790 1,465 581 553 554 158 152 135 191 187 186 107 109 104 125 105 129 A v e r a g e note (Dollars): August 1971 July 1971 August 1970 Cars financed (000): August 1971 July 1971 August 1970
