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W

.

.

'

Not For Publication
L.4.1

^

January 11, 1966.

Automobile Loans by Major Sales Finance Companies
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 contracts
24 months
25-30
31-36 Over 36 Balloon
or l e s s
months months months
paper

1959
1960—Year
1961--Year
1962—Year
1963—Year
1964—Year
1964--Jan.
Feb.
March
April
May
July
Aug.
Sept.
Oct.
Nov.
Dec.
1965—Jan.
Feb.
March
April
May
July
August
Sept.
Oct.
Nov.

Total

19.3
' 20.4
20.8
18.6
17.5
15.4

10.5
8.4
7.2
5.6
4.7
4.0

69.1
69.6
70.7
74.3
76.3
79.1

0.6
1.0
0.7
0.8
0.7
0.6

0.5
0.6
0.6
0.7
0.8
0.9

100.0
100.0
100.0
100.0
100,0
100.0

862
1,411
1,123
1,437
1,544
1,543

18.7
16.8
16.3
15.4
14.9
14.6
13.4
13.4
14.2
15.2
16.1
18.0

4.7
4.6
4.3
4.2
4.1
3.8
3.6
3.5
3.8
3.7
3.7
3.9

74.8
76.8
77.9
79.0
79.6
80.2
81.7
81.8
80.7
79.7
78.4
76.6

0.8
0; 8
0.6
0.6
0.6
0.6
0.6
0.6
0.6
0,6
0.6
0.6

1.0.
1.0
0.9
0.8
0.8
0.8
0.7
0.7
0.7
0.8
1.2
0.9

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
144
141
157
151
137
125
133
85
121

4.1
4.0
3.8
3.8
3.7
3.5
3.2
3.2
3.3
3.3
3.5

76.8
78.2
79.6
79.9
80.0
80.7
81.4
81.7
81.7
80.2
77.8

0.5
0,5
0.5
0.5
v
" 0.6
0.6
0.6
0.6
. 0.6
0.5
0.6

0.9
0.9
0.8
0.7
0.7
0.7
0.6
0.5
0.4
0.7
0.8

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

105
109
138^\
144 /
135
157
156
153
„ 132
141
136

17.7
16.4
15.3
15.1
15.0
14.5
14.2
14.0
14.0
15.3
17.3

.




.

.

Total
contracts
reported

.

January 11, 1966.

Not For Publication'
L.4.1

Automobile

Loans by Major Sales Finance Companies

Dealer Cost Ratios - New Cars
(loan as percent of dealer cost)
90
1959
1960--Year
1961--Year
1962--Year
1963--Year
1964--Year
1964--Jan.
Feb.
March
April
May
July
August
Sept.
Oct.
Nov.
Dec.
1965--Jan.
Feb.
March
April
May
June
July August
Sept.
Oct.
Nov.
Dec.

Percentage d i s t r i b u t i o n of contracts
106101Over
Total
91105
110
110
100

. , 52.1
5^1.8
50.1
47.4
45.5
44.1

28.4
29.2
30.9
31.0
30.4
30.6

10.4
10.3
10.5
11.7
12.2
12.8

5.2
5.0
4.9
5.7
6.6
6.9

44.2
44.2
44.7
44.9
44.3
43.9
42.4 .
43.8
44.7
44.3
42.3
45.1

30.6
30.5
30.1
30.1
30.5
31.2
32.0
31.9
31.8
29.2
30.2
29.0

12.6
12.8
12.8
12.7
12.9
12.8
13.3
12.8
12.5
12.4
13.2
13.1

6.9
6.9
6.8
6.9
6.9
6.7
6.9
6.4
6.1
7.5
7.6
7.1

44.9
44.4
44.9
45.2
44.6
43.9
43.5
43.1
43.2
44.1
44.4

29.4
30.0
30.0
30.1
30.8
31.2
31.7
31.8
32.1
30.1
29.0

13.1
13.1
12.8
12.7
12.6
12.9
12.8
12.9
12.8
12.5
12.8

7.0
7.0
6.8
6.7
6.7
6.7
6.6
6.7
6.5
7.0
7.3




3.9
3.7
3.6
.4.2
5.3
5.6
.

5.7
5.6
5.6
5.4
5.4
5.4
5.4
5.1
4.9
6.6
6.7
5.7
5.6 .
5.6
5.6
5.3
5.3
5.3
5.4
5.5
5.4
6.3
6.5

1

.

-

Total
contracts
reported(000)

100.0
100.0
100.0
100.0
100.0
100.0

820
1,245
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
100.0

98
97
119
131
129
144
137
125
113
120
74
111,

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

95
99
126
131
122
142
140
138
119
127
124

-2-3

Not For Publication
L. 4.1

, January 11, 1966.

Automobile Loans by Major Sales Finance Companies
Maturities - Used Cars

18 months
or l e s s
1959
1960—Year
1961--Year
1962—Year
1963—Year
1964--Year

11.8
11.7
13.0
10.2
9.0
7.6

1964—Jan.
Feb.
March
April
May

7.7
7.2
7.2
7.0
6.9
7.3
7.4
7.9
8.6
7.9
8.5
8.5

July
August
Sept.
Oct.
Nov.
Dec.
1965—Janr.
Feb.
March
April
May
July
August
Sept.
Oct.
Nov.
Dec.

7.6
7.1
6.9
6.8
6.9
7.1
7.2
7.8
. 8.8
8.2
8.0

Percentage d i s t r i b u t i o n of contracts
19-24
Over 30
25-30
Balloon
months months months
paper
, 37.9
32.5
31.2
26.2
21.4
18.8 .

.
-

35.6
34.9
37.3
38.7
34.7
32.7

14.4
20.6
184
ipi
34.4
40.4

0.3
0.3
0.4
0.4
0.5
0.5

17.9
17.7
17.5
18.1
18.0
18.6
19.5
20.8
21.6
18.9
18.7
18.7

31.8
31.9
33.2
33.9
34.7
34.6
35.1
35.2
34.5
28.3
27.8
29.0

; 41.9
42.6
41.6
40.5
40.0
39.1
37.6
35.7
34.8
44.3
44.4
43.1

0.7
0.6
0.5
. 0.5
0.4
0.4
0.4
0.4
0.5
0.6
. 0.6
0,7

16.5
15.9
16.7
16.8
17.4
17.9
19.3
20.4
21.3
19.8
18.7

30.$
32.1
32.8
32.9
33.5
34.1
34.9.
34.3
34.1
27.9
28.0

44.7
44.3
43.0
43.0
41.7
40,5
38.1
37.1
35.4
43.5 ,
44.7




0.6
0.6
0.6
0.5
0.5
0.5
0.5
0.4
0.4
0.6
0.6

Total

contracts
reported (

100.0
100.0
100.0
100.0
100.0
100.0

341
464
438
491
519 „
525^

100.0
Jl
y 40
100.0
100.0 /
46
100.0
50
100.0
47
100.0
51
100.0
50
100.0
42
100.0
40
100.0
42
100.0
35
100.0
42
100.0
100.0
100.0
100.0
100.0
100.0 .
100.0
100.0
100.0
100.0 .
100.0

38
39
48
50
47
53
49
47
43
38
44*

Not For Publication
L. 4.1

January 11, 1966.

Automobile Loans by Major Sales Finance Companies
Dealer Cost Ratios - Used Cars
(loan as percent of wholesale value)

90
1959
1960—Year
1961—Year
1962--Year
1963—Year
1964--Year
1964—Jan.
Feb.
March
April
May
July
August
Sept.
Oct.
Nov.
Dec.
1965—Jan.
Feb.
March
April
May
July
August
Sept.
Oct.
Nov.

Percentage d i s t r i b u t i o n of contracts
Over
91101111100
110
120
120

30.2
29.1
28.6
26.8
25.6
25.6
24.7
24.3
23.9 25.1
26.5

Total
contracts
reported (000)

26.0
26.1
26.9
26.4
25.9
25.1

18.3
18.6
20.8
21.8
23.1
24.1

9.0
8.7
10.4
11.6
12.7
13.4

6.4
6.8
8.6
9.3
10.3
10.9

100.0
100.0
100.0
100.0
100.0
100.0

305
399
370
398
420
431

25.8
25.-6
24.4
25.2
23.7
24.4
24.4
25.0
25.8
\26.6
26.1 '
25. 6

23.0
23.2
23.8
24.8
24.5
24.9
25.3
24.6
24.4
23.3
23.4
23.5

12.6
10.2
12.4
10.1
13.9
11.3
9.6
13.7 :
14.8
12.4
14.7
11.7
12.0
14.1
13.9
11,. 3
13.3
10.7
9.2
11.7
12.3
10.4
12.3
10.4

100.0
100.0
100.0
100.0
100.0
100.0
130.0
100,0
100.0
100.0
100.0
100.0

34
33
39
36
39
43
42
,35
33
34
28
34

12.1
11.8
12.3
13.3
13.6
13.8
14.1
14.1
14.7
13.7
13.8

100.0
100.0
100.0
100U)
100.0
100.0
100.0
100.0
100.0
100.0
100.0

32
33
40 "
42
38
44
40
39
35
30
35

40.3
39.8
33.3
30.9
28.0
26.5
28.4
28.7
26.6
26.7
24.6
. 24.3
24.2
25.2
25.8
29.2
27.8
28.2

Total

, 25.7
26.8
26.4
25.1
25.4
25.3
24. 5
25.0
23.7
24.4
23.9




23.1
23.8
23.8
24.5
24.8
24.9
25.3
25.2
24.5
24.2
23.6

.

8/9
8.4
9.0
10.3
10.6
10.4
11.4
11.4
13.2
12.6
12.2