PACCAR FINANCIAL CORP
424B3, 1996-05-30
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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                              Filed pursuant to Rule 424(b)(3)
                                            File No. 333-01623


SUPPLEMENT NO. 7 TO PROSPECTUS DATED MARCH 15, 1996

(AS SUPPLEMENTED MARCH 15, 1996)


                  PACCAR Financial Corp.

               Medium-Term Notes, Series H

        Due from 9 months to 10 years from date of issue

Interest payable each March 15 and September 15 and at maturity


                                                 INTEREST RATE
RANGE OF MATURITIES                                PER ANNUM
- - -------------------                              -------------

From 23 months to 27 months...........................6.16% 

More than 27 months to 31 months......................6.30%

More than 31 months to 35 months......................6.35%

More than 35 months to 39 months......................6.40%

More than 39 months to 43 months......................6.51%

Dated:  May 29, 1996

Form of Note (check one):    Book Entry   [X]

                             Certificated [ ]

In some instances, one or more of the Agents have purchased 
the Notes as principal and may resell the Notes at prices 
to be determined by such Agents at the time of resale.


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