The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL statistical RESERVE release /G JSBTOg9"" AUTOMOBILE LOANS BY MAJOR SALES FINANCE COMPANIES THE PROPORTION OF THE LONGER (30 MONTHS+) USED CAR CONTRACTS CONTINUED T O DECLINE FOR THE SECOND CONSECUTIVE MONTH MATURITY DISTRIBUTION - NEW CAR CONTRACTS 24 months 25-30 31-36 Over 36 Balloon months months months Total P 7 = 7 = 7 c . % 7 o No. of contracts reported (000) Seasonally adjusted April 1968 March 1968 February 1968 January 1968 13.8 13.6 13.1 13.4 2.5 2.5 2.6 2.7 82.5 82.9 83.2 82.7 0.5 0.4 0.4 0.4 0.7 0.6 0.7 0.8 100.0 100.0 100.0 100.0 119 109 122 114 13.4 13.3 13.6 2.5 2.6 2.9 83.0 83.0 82.5 .0.4 0.4 0.4 0.7 0.7 0.6 100.0 100.0 100.0 122 112 108 Unadjusted April 1968 March 1968 April 1967 Seasonally adjusted April 1968 March 1968 February 1968 January 1968 MATURITY DISTRIBUTION - USED CAR CONTRACTS 18 months 19-24 25-30 Over 30 Balloon Total months months months P 7 = % 7 > • 7 ' o % No. of contracts reported (000) 6.9 6.7 6.5 7.0 17.2, 16.9 17.2 16.6 33.2 33.5 32.7 33.4 42.4 42.6 43.2 42.7 0.3 0.3 0.4 0.3 100.0 100.0 100.0 100.0 43 40 46 41 6.3 6.0 7.6 16.1 15.4 18.9 33.7 33.6 35.0 43.6 44.7 38.1 0.3 0.3 0.4 100.0 100.0 100.0 45 42 43 Unadjusted April 1968 March 1968 April 1967 G.25 AUTOMOBILE LOANS BY MAJOR SALES FINANCE COMPANIES ON THE OTHER HAND, USED CAR CONTRACTS WITH VERY HIGH (120%+) DEALER COST RATIOS CONTINUED TO INCREASE SHARPLY SINCE THE TURN OF THE YEAR T 1 1 1966 Seasonally adjusted April 1968 March 1968 February 1968 January 1968 1967 1968 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 No. of contracts less Total reported (000) % 7 o % % % 44.6 44.8 44.4 44.1 32.0 31.8 31.7 31.4 13.1 12.9 13.0 13.7 6.0 6.2 6.3 6.3 4.3 4.3 4.6 4.5 100.0 100.0 100.0 100.0 108 100 112 103 44.9 44.8 44.8 31.7 31.4 31.7 13.1 13.1 12.5 6.1 6.3 6.3 4.2 4.4 4.7 100.0 100.0 100.0 111 103 99 Unadjusted April 1968 March 1968 April 1967 DISTRIBUTION OF DEALER COST RATIOS - USED CAR CONTRACTS 90 or less 7. No. of contracts reported (000) 91-100 101-110 111-120 Over 120 % 7. 70 7 = 26.0 26.8 28.2 28.5 24.3 25.1 25.5 25.1 25.3 25.5 25.5 26.0 14.2 13.7 12.9 12.6 10.2 8.9 7.9 7.8 100.0 100.0 100.0 100.0 37 33 38 34 24.7 26.9 22.2 23.5 24.5 21.6 25.7 25.6 24.5 15.0 14.1 16.4 11.1 8.9 15.3 100.0 100.0 100.0 38 36 37 Seasonally adjusted April 1968 March 1968 February 1968 January 1968 Unadjusted April 1968 March 1968 April 1967 G.25 AUTOMOBILE LOANS BY MAJOR SALES FINANCE COMPANIES DEALER COST RATIOS AND MATURITIES ON AUTOMOBILE INSTALMENT LOANS APRIL 1968 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 Maturities 31-36 Over 36 months months 24 months 25-30 months 9.2 2.1 0.9 0.2 0.2 1.5 0.7 0.3 0.1 0.1 34.0 28.5 11.7 5,8 3.9 0.1 * 2.6 83.8 0.5 0.5 12.6 . 0.1 0.2 0.1 Balloon 0.1 0.2 0.1 - 44.9 31.7 13.1 6.1 4.2 100.0- USED CARS (Percentage distribution of contracts) Not seasonally adjusted 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 3.5 0.7 0.5 0.3 0.3 6,.l 3.3 2.3 1.3 1.0' 5 .3 13.8 25-30 months 7.2 8.6 9.6 5.2 3.7 34.3 Note: Details may not add to totals because of rounding. *Less ,£han one-tenth of one per cent. Over 30 months 8.0 10.9 13.3 • 8.3 6.1 46.5 Balloon * * 0.1 Total 24.7 23.5 25.7 15.0 11.1 100.0
