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f G.26

FEDERAL
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RESERVE

statistical

release

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For immediate release
September 7, 1973

i AUTOMOBILE ENSTAljMENT. (
INSTALMENT- CREDIT DEVELOPMENTS-JULY 1973
NEW CARS

All
lenders

Bank
direct
loans

Bank
purchased

Finance

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
2,554
2,409
2,170

592
560
507

1,017
962
850

572
535
495

373
352
318

3,670
3,596
3,396

3,516
3,504
3,323

3,622
3,534
3,370

3,965
3,828
3,704

3,616
3,590
3,188

696
670
639

July 1973
June 1973
July 1972

168
160
153

281
272
252

144
140
134

103
98
100

Average note (Dollars):
July 1973
June 1973
July 1972
Cars financed (000):
July 1973
June 1973
July 1972

Not Seasonally Adjusted
Extensions ($ millions):
643
654
534

1,126
1,132
915

639
647
539

385
422
314

3,670
3,623
3,405

3,495
3,497
3,303

3,644
3,594
3,389

3,969
3,851
3,705

3,598
3,576
3,172

761
788
676

184
187
162

309
315
270

161
168
145

107
118
99

2,793
2,855
2,302

July 1973
June 1973
July 1972
Average note (Dollars):
July 1973
June 1973
July 1972

1

Cars financed (000):
July 1973
June 1973
July 1972




AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS-JULY 1973.
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Finance

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
July 1973
June 1973
July 1972

1,399
1,330
1,213

394
369
332

464
458
430

242
246
230

299
257
221

2,033
2,037
1,855

1,974
1,982
1,803

2,140
2,123
1,939

2,120
2,107
1,912

1,910
1,919
1,726

688
653
654

200
186
184

217
216
222

114
117
120

157
134
128

Average note (Dollars):
July 1973
June 1973
July 1972
Cars financed (000):
July 1973
June 1973
July 1972

Not Seasonally Adjusted
Extensions ($ millions):
July 1973
June 1973
July 1972

1,384
1,458
1,178

385
392
316

479
503
434

251
270
234

269
293
194

2,026
2,033
1,846

1,964
1,970
1,794

2,138
2,131
1,937

2,092
2,126
1,887

1,881
1,890
1,702

683
717
638

.196
199
176

224
236
224

120
127
124

143
155
114

Average note (Dollars)-:
July 1973
June 1973
July 1972
Cars financed (000):
July 1973
June 1973
July 1972