View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARD OF GOVERNORS
FEDERAL RESERVE SYSTEM
WASHINOTON

Not For P u b l i c a t i o n
L. 4. 1

August 24, 1965.

Automobile Loans by Major Sales Finance Companies

TOffiOmOU,® AFTER s i x MOUTHS

M a t u r i t i e s - New Cars

Percentage d i s t r i b u t i o n of c o n t r a c t s
' Total
2lt months
31-36" Over 36 B a l l o n
25-30
paper
or l e s s
months months months
1959
I 9 6 0 - -Year
1961-—Year
1962^ -Year
1963-- Y e a r
1961-—Year
1961=- J a n .
Feb, •
Mqrch
April
May
July
Aug,
Sep to
Oct.
Nov,
Dec1 9 6 5 - •Jan c
Feb.
March
April
May
June
July
August
Sept.

10.5
8,U
7,2
5,6
U.7
UeO

19,3
20. U
20,8
18.6
17.5
15»U
•

18.7
16.8
16,3
15.a
ia.9
lb,6
13,1
13eii
1U.2
15-2
16,1
18.0 '
17,7
16.a
15.3
15,1
15.0
11.5

W
ho6
U.3
U.2
U,1
3,8
3.6
3,5
3.8

0.6
1.0
0.7
0.8
0.7
0.6

69.1
69.6
70.7
7lw3
76,3
79.1
7U.8
76.8
77.9
79.0
79.6
80.^
81.7
81.8
80.7.
79.7
78.L
76.6

-

Jr 1
3.9

.

Octe

NovDec-




krl
u.o
3,8
3.8
3,7
3.5

76.8
78.2
"79.6
79.9
80.0
80.7

0.8
0.8
0,6
0.6
. 0.6
0.6
' 0,6
0.6
0.6
0,6
0,6
0.6

,

0,5
0.5
0.5
o,5
0.6
0.6

0.5
0.6
0.6
0.7
0.8
0.9
1.0
1.0
0.9
0.8
0.8
0.8
0.7
0.7
0.7
• 0,8
1,2 '
0.9
.

0.9
,0.9
0.8
- 0.7
• 0.7
. 0.7

Number of
contracts
(thousands)

100.0
100.0
100.0
100.0
100.0
100.0

8#
1,111
1,123
1,U'37
1,&L
1,513

* 100.0
100.0
100.0
100.0
100,0.
100,0 "
100.0
, 100,0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

111
108
131
Ikh
111157
151
137
125
133
85"
121

.

105
. 109
138
lUi
135
157

•

BOARD OF GOVERNORS
FEDERAL RESERVE SYSTEM
WABHINSTON

August 24, 1965.

"Not For P u b l i c a t i o n

Automobiles .Loans by Major S a l e s Finance Companies
Dealer Cost R a t i o s - New Cars

90% *
or l e s s
19#
1960—Tear
1961—Year
1962—Year
1963—Year
196U—Year

52.1
- 51.8
50.1
U7.U
U5.5
hh.l

196U—Jan.
Feb.
"March
April
Kay

Uh.2

July
August
Sept.
Oct.
Nov.
Dec.
1965—-Jan.
Feb.
March
April
Kay
July
August

hh.2
hh.l
hh.9
hh.3
U 3.9
1x2.U

L3.8
UU.7
Uli.3
12.3
Ui.9
hh»h
hh.9
hS.2
Ut.6
L3.9

Percentage d i s t r i b u t i o n of c o n t r a c t s
106%Total
91%- " 101%100%, 105%
110%
110%

28.U

2Q.2
30.9
31.0
30.U
30.6

30.6

30.5
30.1

30.1

10.li
10.3
10.5
11.7
12.2
12.8

5.2
5.0
h.95.7.

12.6
12.8

6.9
6.9

12.8

6.6
6.9

6.8

3.9
3.7
3.6

U.2
5.3
5.6

5.7
5.6
5.6
5.6
S.h
5.U
5.U-,
5.1 '
h.9

32.0

12.7
12.9
12.8
13.3

31.8

12.5

30.2
-29.0

13.2

6.6

13.1

7.5
7.6 •
7.1

30.0

13.1
13.1

7.0
7.0

5.6

30.1
30.8
31.2

12.6

12.7

6.7
- 6.7
6.7

30.5
31.231.9

29.2

29.it

30.0

12.8

12.U

12.8

12.9

C"J1.




9

6.9
6.9
6.7
6.9

6.U
6.1

6.8

6.7
5.7

%

5.3
5.3
5.3

100.0

100.0
100.0
100.0
,100.0
100.0

Number of
contracts
(thousands)
820
1,215
1,005

1,270
1,369
1,398

100.0

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
•100.0
100.0

97
119
131
129
lUIt
137
125
113
120
lh
111

100.0
100.0
•100.0
100.0
100.0
100.0

95
99
126
131
122
1U2

100.0

BOARD OF GOVERNORS
. • M m * .

FEDERAL RESERVE SYSTEM
WASHINGTON

y

Npt For P u b l i c a t i o n

August 24, 1965.

Autor.obile Loans by Major Sales Finance Companies
M a t u r i t i e s - Used Cars

18 months
or l e s s
1959

"

I960—Year
1961—Year
1962—Year
1963—Year
196h—Year
196U—-Jan.
Feb.
March
April
May
June
July
August
Sept.
Oct.
Nov.
Dec.
1965—Jan.
• Feb.
M arch
April
May
June .
July
August
Sept.
Oct.
Nov.
Bee.

11.8
11.7

37.9

32.5
31.2
26.2
21.
•18.8

13.0
10.2

U

9.0
7.6
7.7
7.2

,

Percentage d i s t r i b u t i o n of c o n t r a c t s
19-2U
25-30
Over 30 Balloon' -Total
months paper
months months

17.9

17.7
17.5

7.2
7.0
6.9

18.1
18.0
18.6

7.3

7.U
7.9

19.5
20.8

8.6

21.6

7.9

18.9
18.7

32.7

31.8
31.9
33.2
33.9
3U.7

31.5

30.6

32.1
32.6
. 32.9
33.5 •
3U.1-

17.U
17.9




0.5
0.7
0.6

Ul.9

12.6

0.5

Ul.6

Uo.5
Uo.o

39.1

16.8

:

3U.U
U0.U

37.6
35.7
3U.8
UU.3

28.3
27.8
29.0

16.7

20.6
18.1
21.5

35.1
35.2

15.9

6.9
6.8

0.3
0.3
o.U
o.U
0.5

" lU.U

31.6

18.7

7.6
7.1
6.9
7.1

38.7
3U.7

16.5

8.5
8.5

-

35.6
3U.9
37.3

uu.u

U3.1

UU.7
UU.3
U3.0
• U3.0

. Ul.7
U0.5

"

0.5
o.U
o.U
o.U
o.U
o.5

0.6
0.6
0.7

0.6
0.6
0.6
0.5
0.5

0.5

100.0
100.0
100.0
100.0
100.0
100.0

Number of
contracts
(thousand:
3U1

U6U
U38
U91

519
•

5 2

.5

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

UO
U6
50
U7
51
50
U2
Uo
U2
35
U2 .

100.0
100.0
100.0
100.0
100.0
100.0

38
39
U8
50
U7
53

U2

BOARD OF GOVERNORS
FEDERAL RESERVE SYSTEM
WABHINOTON

Not For P u b l i c a t i o n
L. 4 . 1 .

August 25, 1965.

Automobile Loans by Major S a l e s Finance Companies
Dealer Cost R a t i o s - Used Cars

90%

or l e s s
1 9 5?

I960—Tear
1961—Tear
1962—Year
1963—Year
196U—Year
I96U——Jan.
Feb.
March
April
May
June
July
August
Sept.
Oct.
Nov.Dec.
1965—Jan.
Feb.
March
April
May
June
JulyAugust
Sept.
Oct.
Nov.
Dec.

Percentage d i s t r i b u t i o n of c o n t r a c t s
Total
1 1 1 % - Over
91%- 101%100%
26.0
26.1
26.9
26.U
25.9
25.1

26.$
28.U
28.7

26.6

26.7
2L.6
2U.3
2U.2

18.3
18.6

25.8
25.6
2U.U
25.2

-U0.3
39.8
33.3
30.9
28.0

no%

23.0
23.2
23.8

21.8
23.1
2U.1

23.2

.25.0

25.8

25.8
26.6
26.1
25.6

23.1
23.5

30.2
29.1

*25.7

23.1

28.6
. 26.8
22.6
25.6

26.1i
25.1

29.2
27.8
28.2

2U.U
2U.U

26*8

25.b
25.3




2k.h
23.3

120%

9";0
8.7

20.8

2U.8
2U.5
2U.9
25.3
2U.6

23.7

120%

6.U
6.8
8.6
9.3
10.3
10.9

lO.h
.

11.6
12.7
13.U

100,0
100.0
100.0
100.0
100.0
100.0

12.6
12.U
13.9
13.7
1U.8
1U.7
lh.l
13.9
13.3
11.7
12.3

10.2
10.1
11.3
9.6
1 2 .h
11.7
'12.0
11.3
10.7

12.3

10.U

100.0

8.9
8.U

100.0
100.0
100.0
100.0

9.2
10.U

23.8

12.1
11.8

.

23.8

12.3

2U.5
2U.8
2U.9

13.3
13.6

9.0
10.3
10.6

13.8

10.U

100.0
100.0
100.0

100.0
100.0
100.0
100.0
100.0
100.0
100.0

100.0

Number of
contracts
(thousands)
305
399
370
398

U20
131
3U
33
39
36
39
U3
U2
35
33
3U

28

3U
32

100.0

33
iiO
U2
38

100.0

W