View original document

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

F

E

D

E

R

A

L

R

s t a t i s t i c a l

E

S

E

R

V

r e l e a s e
:e release

j

G.25

A * t A

E

w

& a u * J 3 S ^

e r

16

•

1 9 6 9

AUTOMOBILE LOANS BY MAJOR SALES FINANCE COMPANIES
THE PROPORTION OF LONG-TERM USED CAR CONTRACTS
(OVER 30 MONTHS) DROPPED SHARPLY IN OCTOBER
AFTER 6 MONTHS OF RELATIVELY LITTLE CHANGE.

MATURITY DISTRIBUTION - NEW CAR CONTRACTS
25-30 31-36 Over 36 Balloon
24 months
Total
months months months
P
%
%
7o
%
%

No. of contracts
reported (000)

Seasonally adjusted
October 1969
September 1969
August 1969 •;
July 1969

16.2
13.4
12.6
13.3

2.6
2.2
2.2
2.4

80.1
83.3
83.9
83.3

0.5
0.4
0.4
0.4

0.5
0.4
0.6
0.5

100.0
100.0
100.0
100.0

130
136
106
120

16.9
12.1
15.1

2.7
2.1
2.6

79.5
85 .2
81.0

0.4
0.4
0.4

0.5
0.3
0.9

100.0
100.0
100.0

140
121
142

Unadjusted
October 1969
September 1969
October 1968

MATURITY DISTRIBUTION - USED CAR CONTRACTS
25-30 Over 30 Balloon
19-24
18 months
months months months
P
%
7»
7,
%
%

No. of contracts
reported (000)

Seasonally adjusted
October 1969
September 1969
August 1969
Ju^y 1969

10.0
5.9
5.9
6.2

17.7
17.2
16.9
16.3

28.2
31.4
30.7
31.0

43.2
47.3
47.7
47.3

0.2
0.3
0.2
0.2

100.0
100.0
100.0
100.0

45
42
37
42

10.4
6.8

18.6
20.2
18.4

25.0
33.4
28.0

45.8
39.5
46.6

0.2

0.2

100.0
100.0

43
38
39

Unadjusted
October 1969
September 1969
October 1968

6.6.

dd to
Note:
Details may not

factors by sector.


0.4

100.0

totals because of rounding and construction of seasonal

»

AUTOMOBILE LOANS BY MAJOR SALES FINANCE COMPANIES
THE PROPORTION OF NEW CAR CONTRACTS WITH DEALER
COST RATIOS ABOVE 100% HAS DECLINED EACH MONTH
SINCE JUNE.

1966

Seasonally adjusted
October 1969
September 1969
. August 1969
July 1969

1969

DISTRIBUTION OF DEALER COST RATIOS - NEW CAR CONTRACTS
(loan as per cent of dealer cost)
j No. of contracts
, 9 0 or 91-100 101-105 106-110 Over 110j
Total j reported (000)
i less
7=
%
%
%
j''

1

%

J 43.7
J 45.8
| 44.3
43.8

•inad justed
October 1969
September 1969
October 1968

1967

33.0
30.4
31.6
31.6

14.3
13.0
13 .2
13.3

5^
6.1
6.4
6.4

3 .9
4.8
4.7
4.9

100.0
100.0
100.0
100.0

122
126
99
111

31.8
31.7
31.2

14.1
12.2
13.3

5.6
5.7
6.3

4 .2
4.5
4.6

100.0
100.0
100.0

131
112
132

|
j
j

44.4
45.9
44.6

DISTRIBUTION OF DEALER COST RATIOS - USED CAR CONTRACTS
91- 100 101- 110 111-120 Over 120

] 90 or
I less
Seasonally adjusted
October 1969
September 1969
August 1969
July 1969

!

70

%

27.2
27.7
27.3
27.1

24 .8
' 25 .3
24 .9
24 .8

25 .3
24 .8
25 .6
26 .2

13.1
13.4
13.3
13.2

8 .7
9 .0
9 .1
9 .0

29.6
26.5
27.2

26 .1
| 25 .0
24 .3

24 .9
25 .1
.
24. 7

11.9
13.8
13.6

7.• 4
9..6
10. 2

%

%

1 No. of contracts
Tot a 1 jreported (000)

7c
j

j
!
|

100 .0
1
100 .0 1
100 .0
100 .0

j

37

36
33

36

Unadjusted
October 1969
September 1969
October 1968

1

i
j

1

100 ,0
,
| 100..0
100..0

I

35
33
32

Note: Details may not add to totals because of rounding and construction of seasonal
factors by sector.




AUTOMOBILE LOANS BY M/UOR SALES FINANCE COMPANIES
DEALER COST RATIOS AND MATURITIES
ON AUTOMOBILE INSTALMENT LOANS
OCTOBER 1969
NEW CARS

.

(Percentage distribution of contracts)
Not seasonally adjusted

Loan as
per cent of
dealer cost
90% or less
91% to 100%
101% to 105%
106% to 110%
Over 110%
Total

24 months

25-30
months

Maturities
31-36
months

Over 36
months
0.2
0.2
0.1

9.4
3.5
3 .4
0.3
0.2

1.4
0.8
0.5
0.1
0.1

33.4
27.2
10.2
5.1
3.8

0.1 .

16.8

2.7

79.7

0.4.

Bal loon

0.1
0.2
0.1

0.4

Total
44.4
31.8
14.1
5 .6
4.2
100.0

USED CARS
(Percentage distribution of contracts)
Not seasonally adjusted

Loan as
per cent of
wholesale value
90% or less
91% to 100%
101% to 110%
111% to 120%
Over 120%
Total

18 months

19-24
months

Maturities
25-30
months

4.0
0.8
0.4
0.2
0.2

6.9
3.5
2.5
1.1
0.8

6.3
7.4
7.3
3.5
2.1

12.4
14.5
14.7
7.2
4.3

0.1

5 .5

14.9

26.5

53.0

0.1

Over 30
months

Note: Details may not add to totals because of rounding.
* Less than one-tenth of one per cent.




Balloon

*

Total

29.6
26.1
24.9
11.9
7.4
100.0