Form 8-K March 4, 1998 Exhibit 16 March 4, 1998 Office of the Chief Accountant SECPC Letter File Securities and Exchange Commission Mail Stop 11-3 450 Fifth Street, N.W. Washington, D.C. 20549 Dear Office of the Chief Accountant: We have read Item 4 included in the attached Form 8-K dated March 4, 1998 of AT&T Capital Corporation filed with the Securities and Exchange Commission and are in agreement with the statements contained therein. Very truly yours, /s/Arthur Andersen LLP Arthur Andersen LLP cc. Mr. David Banks Chairman of the Board of Directors Newcourt Credit Group Inc. and AT&T Capital Corporation c/o AT&T Capital Corporation 44 Whippany Road Morristown, NJ 07962-1983