<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENTS OF INCOME AND RETAINED EARNINGS FOR THE THREE MONTHS ENDED MARCH 31,
1998 AND 1997 AND FROM THE BALANCE SHEETS AT MARCH 31, 1998 AND DECEMBER 31,
1997 OF PACCAR FINANCIAL CORP. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                           8,036
<SECURITIES>                                         0
<RECEIVABLES>                                2,549,717
<ALLOWANCES>                                    44,850
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                          64,032
<DEPRECIATION>                                  20,287
<TOTAL-ASSETS>                               2,580,153
<CURRENT-LIABILITIES>                                0
<BONDS>                                        960,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     31,000
<COMMON>                                        14,500
<OTHER-SE>                                     345,658
<TOTAL-LIABILITY-AND-EQUITY>                 2,580,153
<SALES>                                              0
<TOTAL-REVENUES>                                61,082
<CGS>                                                0
<TOTAL-COSTS>                                   34,647
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                 2,021
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 13,446
<INCOME-TAX>                                     5,398
<INCOME-CONTINUING>                              8,048
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,048
<EPS-BASIC>                                          0
<EPS-DILUTED>                                        0