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Not f o r Publication Bojtaiif L.4.2. DECONTROlilTlFYE^ cip' te FEDERAL RESERVE SYSTEM v> •V'/ February 8, 1957 ' L Q A J S g . , - (In per cent)' :Maturl.tlea:.: Total ^DeC:; E -NOT: 5ew c a r s : ; , ,, 24-;m0ntbs;or ^ess^ • 25-30 months ,; 31-36 BO^thS.--;,; :3.34 ' Over 36 months ' —Total'" ioT Purchased; •payerDec.: ',2Toy. M m m 41A 10070" -UBeartrarsr 2 / - •— is-^onthr' or leea 23)5'* ' ^ 1 $ m o n t h s . : , , , 211.9 ;4o'.i\; •T"" .'mcttlttis;-Over 24 months Total ' loa.q 100.0 : « I » ' *30i3 - ,:r\0 w M Peg.-} #v. Jm % -100.-0 • 'ltxr.0- S: S 1 A . 3 $ ;r39>3 100.0 100.0 100.0 ; l/piguree, are predominately f o r lat<e model uped cars but ^xselude . data frpm a few >edUEe "for [all used cars. . - '/•_ 7 ' 'NOaSBt. Bas^l <^i^data ;ttom: Identical sample of 14% bemks f o r «- Ndvetiber; and December Jcotertng : about 24yPOO 'ccaatreicts [on new .cars# : 1$,<$Q0 purchased and '2",b$0;~&rec^ ue®d. carer, 12y000 purofa^ed'iBaid'T^OOO'idireot; •••• Sih<?6"* a fcettpoeiticn bf sample • .changes ,-from ;ni<^tih %o mpdth,: data a r e not s t r i c t l y comparable with 'previous'releases. [ ' as a percentage of dealer cost", see -Pthar sldja. ,, •. •... . ,t , Zo. % Not f o r publication - 2 - L.4.2 DEALER COST RATIOS AND MATURITIES ON AUTOMOBILE INSTALMENT LOANS DECEMBER 1 9 5 6 AND NOVEMBER 1 9 5 6 (In per cent) Contract balance as percentage of dealer cost l / New Cars 80% or l e s s 81% t o 90% 91% t o 100% 101% to 110% Over 110% Total Contract balance as percentage of dealer cost 1 / 2 / Used Cars 80% or l e s s 81% t o 90% 91% t o 100% 101% to 110% Over 110% Total 24 months or l e s s Dec. Nov. Maturities 25-30 31-3b months months Dec. Nov. Dec. Nov. Over 3b months Dec. Nov. Total Da c. Nov. Purclbased ; >aper 1and dl:rect :loans 23.4 6.5 li 0.6 37-8 22.7 6.4 6.8 1-5 0.5 37-9 12 months or l e e s Dec. Nov. 10.1 . 9 . 3 9.0 7.6 10.7 4.6 * 5 2.0 1.0 34.5 35.6 6.2 5.7 li _L2 27,5 111 8.9 0 . 1 3.7 0.1 2.0 26.2 Maturities 13-10 19-24 . months months Dec. Nov. Dec. Nov. 0.2 0.1 0.1 0.1 0.3 Over 24 months Dec. Nov. 39.7 19.8 26.0 .11.0 II 37.6 4.6 100.0 LOO.O Total Dec. Nov. Pureihased paper and dl.rect loans 9.9 2.3 3.0 1.8 2.4 1913 8.9 3.9 4.1 2.5 2.8 9.2 3.5 3.7 2.5 2.6 11.8 9.0 10.4 5.6 12.6 3-0 33.5 3.0 6.9 3.0 3.2 18.2 5.8 22.3 9.7 . 4.8 6.4 3.2 3-3 13.1 2.6 _ & 7 : 12 .9 19.9 22.2 21.5 41.9 40.6 8.9 3.0 3-2 2.1 2.7 16.6 33-7 16.6 22.4 14.3 13.0 18.0 100.0 100.0 5/Dealer cost repreeonts "average wholesale, 11 "as i s , " "or "buying value" as indicated by used car guides. •Less than one-tenth of one per cent. NOTE: Because composition of sample changes from month to month, data are not s t r i c t l y comparable with previous r e l e a s e s . The tabulations are based on data from i d e n t i c a l sample of 93 tanks f o r November and December, covering about 12,000 contracts on new c a r s , 8,000 purchased and 4,000 d i r e c t , and .10,000 contracts on used cars, 7,000 purchased and 3,000 d i r e c t .
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