<ARTICLE>                              5
<LEGEND>
This schedule contains summary financial information primarily extracted from
AT&T Capital Corporation's unaudited consolidated income statement and balance
sheet as of and for the three months ended March 31, 1996 and is qualified in
its entirety by reference to such unaudited consolidated financial statements.
</LEGEND>
<MULTIPLIER>                                 1,000
       
                                            
<FISCAL-YEAR-END>                      DEC-31-1996
<PERIOD-END>                           MAR-31-1996
<PERIOD-TYPE>                                3-MOS
<CASH>                                      14,036
<SECURITIES>                                     0
<RECEIVABLES>                                    0
<ALLOWANCES>                               230,521
<INVENTORY>                                      0
<CURRENT-ASSETS>                                 0
<PP&E>                                           0
<DEPRECIATION>                             672,507
<TOTAL-ASSETS>                           9,607,766
<CURRENT-LIABILITIES>                            0
<BONDS>                                  5,380,702
<COMMON>                                       470
<PREFERRED-MANDATORY>                            0
<PREFERRED>                                      0
<OTHER-SE>                               1,149,173
<TOTAL-LIABILITY-AND-EQUITY>             9,607,766
<SALES>                                     18,706
<TOTAL-REVENUES>                           439,274
<CGS>                                       16,041
<TOTAL-COSTS>                              118,432
<OTHER-EXPENSES>                                 0
<LOSS-PROVISION>                            25,304
<INTEREST-EXPENSE>                         113,587
<INCOME-PRETAX>                             59,583
<INCOME-TAX>                                22,539
<INCOME-CONTINUING>                         37,044
<DISCONTINUED>                                   0
<EXTRAORDINARY>                                  0
<CHANGES>                                        0
<NET-INCOME>                                37,044
<EPS-PRIMARY>                                  .78
<EPS-DILUTED>                                  .78