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April 11, 1966.

Automobile Loans by Major Sales Finance Companies

3JSE0 CAR CONTRACTS IN EXCESS OF 3 0 MONTHS (S.A.) DECLINED SLIGHTLY
FROM 1 9 6 5 TO 1 9 6 6
'
Pe

1964

1966

1965

Maturity Distribution.- New Car Contracts
24 months 25-30 31-36 Over 36 Balloon
or less
months months months paper
Total
Seasonally adjusted
November 1965
December 1965
January 1966
February 1966

%

%

%

%

%

Total contracts
reported (000)

15.3
14.7
14.7
14.8

3.3
3.3
3.2
3.3

80.1
80.6
81.1
80.9

0.6
0.6
0.4
0.4

0.7
0.8
0.6
0.6

100.0
100.0
100.0
100.0

144
139
128
130

15.6
17.0
16.4

3.5
3.5
4.0

79.7
78.3
78.2

0.5
0.5
0.5

0.7
0.7
0.9

100.0
100.0
100.0

107
108
109

Unadjusted
February '1966
Month ago
Year ago

Maturity Distribution - Used Car Contracts
18 months 19-24 25-30 Over 30 Balloon
or less
months months months
Total
Seasonally adjusted
November 1965
December 1965
January 1966
February 1966

%

%

%

P

Total contracts
reported (000)

%
c

44
45
45
46

6.9
'6.8
7.78.0

17.1
16.9
18.6
19.9

28.9
29.0
32.1
32.7

46.6
46.9
41.0
38.9

0.5
0.4
0.6
0.5

100.0
100.0
100.0
100.0

7.3
7.7

17.3
17.3

31.1
30.0

43.8
44.4

0.5
0.6

100.0
100.0

39
41

15.9

32.1

44.3

0.6

100.0

39

Unadjusted
February 1966
Month ago
Year ago

7.1


Note:
Monthly data available


on request for years 1960-65.

Ho

-2-

Automobile Loans by Major Sales Finance Companies

USED CAR LOANS EXCEEDING 1 2 0 7 . OF WHOLESALE VALUE (S.A.)
HAVE RISEN SOMEWHAT SINCE EARLY 1 9 6 5

1964

Seasonally adjusted
November 1965
December 1965
January 1966
February 1966

1965

1966

Distribution of Dealer Cost Ratios - New Car Contracts
(loan as per cent of dealer cost)
90 or
91-100 101-105 106-110 Over 110
Total contracts
less
Total reported (000)
7, ,
7o
%
7o
7,

44.3
42.9
43.2
42.6

30.0
30.8
31.4
30.7

12.9
13.2
12.9
13.5

6.9
7.1
6.9
7.1

5.9
6.0
5.6
6.1

100.0
100.0
100.0
100.0

140
126
117
118

41.9
42.8
44.3

30.3
30.9
30.0

13.8
13.2
13.1

7.4
7.1
7.0

6.6
6.0
5.6

100.0
100.0
100.0

97
98
99

Unadjusted
February 1966
Month ago
Year ago

Distribution of Dealer Cost Ratios - Used Car Contracts
(loan as per cent of wholesale value)
91-100 101-110 111-120 Over 120
Total contracts
Total reported (000)
7o
7,
7o
7,
7o

90 or

Seasonally adjusted
November 1965
December 1965
January 1966
February 1966

7
24.8
24.3
23.9
24.3

23.5
23.5
25.4
23.2

24.4
24.5
23.8
24.4

14.5
15.0
14.1
15.1

12.8
12.7
12.8
13.0

100.0
100.0
100.0
100.0

35
38
38
37

24.8
25.3

23.5 i
25.6
26.8

24.1
23.3

14.6
13.6
11.8

13.0
12.2
8.5

100.0
100.0
100.0

32
34
33

Unadjusted
February 1966
Month ago
Year ago

29.1




23.8