<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, 1997 and is qualified in
its entirety by reference to such unaudited consolidated financial statements.
</LEGEND>
<MULTIPLIER>                           1,000
       
                                    
<PERIOD-TYPE>                          3-MOS
<FISCAL-YEAR-END>                      DEC-31-1997
<PERIOD-END>                           MAR-31-1997
<CASH>                                       0
<SECURITIES>                                 0
<RECEIVABLES>                                0
<ALLOWANCES>                                 0
<INVENTORY>                                  0
<CURRENT-ASSETS>                             0<F2>
<PP&E>                                       0
<DEPRECIATION>                               0<F1>
<TOTAL-ASSETS>                         206,186
<CURRENT-LIABILITIES>                        0<F2>
<BONDS>                                      0
<COMMON>                                 6,186
<PREFERRED-MANDATORY>                        0
<PREFERRED>                            200,000
<OTHER-SE>                                   0
<TOTAL-LIABILITY-AND-EQUITY>           206,186
<SALES>                                      0
<TOTAL-REVENUES>                         4,670
<CGS>                                        0
<TOTAL-COSTS>                                0
<OTHER-EXPENSES>                             0
<LOSS-PROVISION>                             0
<INTEREST-EXPENSE>                           0
<INCOME-PRETAX>                          4,670
<INCOME-TAX>                                 0
<INCOME-CONTINUING>                          0
<DISCONTINUED>                               0
<EXTRAORDINARY>                              0
<CHANGES>                                    0
<NET-INCOME>                             4,670
<EPS-PRIMARY>                                0
<EPS-DILUTED>                                0
        
<FN>
*  In accordance with Regulation S-K item 601(c) 2, inapplicable or
   immaterial financial data is reflected as zero value.

<F1> - Accumulated depreciation relates to equipment under operating
       leases.

<F2> - This item is not applicable since the Company does not prepare
       a classified balance sheet.
</FN>