SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
                                    FORM 8-K
                 Current Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934
         Date of Report (Date of earliest event reported) March 14, 2003
                                                          --------------
                             AFG Investment Trust C
             (Exact name of registrant as specified in its charter)
     Delaware                       0-21444          04-3157232
(State or other jurisdiction     (Commission     (IRS  Employer
 of  incorporation)              File  Number)   Identification  No.)


     1050  Waltham  Street  Lexington,                  MA  02421
     (Address  of  principal  executive  offices)     (Zip  Code)


Registrant's  telephone  number,  including  area  code  (781)  676-0009
                                                         ---------------




(Former  name  or  former  address,  if  changed  since  last  report)



Item  5.  Other  Events
          -------------

On  March  14,  2003,  AFG  Investment Trust C (the "Trust") completed its proxy
voting  in accordance with the proxy solicitation statement dated as of February
11,  2003.  The  proxy  solicitation  sought  approval  of  the  following:

Proposal  1:  To  allow  PLM  International,  Inc.  ("PLM"),  its  parent, MILPI
Holdings,  LLC  ("MILPI") and the subsidiaries and affiliated that they control,
to  continue to operate their ongoing business making investments after December
31,  2002,  not  withstanding  the end of the reinvestment period for the Trust.

Proposal  2:  Approval  of  the  acquisition  of partnership interests in Rancho
Malibu Limited Partnership from Semele Group, Inc. by RMLP, a subsidiary of PLM.

Proposal  3:  Approval of the amendment to Section 7.5 of the Trust Agreement to
approve  grants  and  exercises  of  rights  of  first  refusal in joint venture
agreements  between  the  Trust  and  its  affiliates.

Proposal  4:  Approval  of  the purchase by MILPI of the membership interests in
MILPI  held  by  AFG  Investment Trust A and AFG Investment Trust B, which would
give  the  Trust, together with AFG Investment Trust D, shared 100% ownership of
MILPI.

Proposal 5:  To allow the Trust, in its operation of PLM, to enter into business
arrangements with affiliates in the ordinary course of business on terms no less
favorable  than  those  that  they would receive if such arrangements were being
entered  into  with  independent  third  parties.

The  Altman  Group,  Inc. certified the tabulation of the proxy vote for Class A
Interest  on  March  14,  2003  as  follows:



               
Proposal 1
For         Against  Abstain
431,341     135,784   19,350
Proposal 2
For         Against  Abstain
389,076     172,929   24,470

Proposal 3
For         Against  Abstain
423,217     135,868   27,390

Proposal 4
For         Against  Abstain
427,512     130,493   28,470
Proposal 5
For         Against  Abstain
414,667     137,258   34,550





                                   SIGNATURES
                                   ----------
     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  hereunto  duly  authorized.


Dated:     March  21,  2003               AFG  INVESTMENT  TRUST  C
     By:  AFG  ASIT  Corporation,  as  Managing  Trustee


     By:        /s/  Richard  K  Brock
             -------------------------
          Name:     Richard  K  Brock
          Title:     Chief  Financial  Officer