View original document

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

statistical

release
,

G.25

no

For immediate release

i
AmjOMOBILE LOANS BY MAJOR SALES FINANCE COMPANIES

^

USED CAR CONTRACTS 25 k)NTHS OR LONGER HAVE TURNED
UP: SINCE LAST NOVEMBER I

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

No. of contracts
reported (000)

Seasonally adjusted*
January 1967
December 1966
November 1966
October 1966

13.2
15.0
15.1
15.6

3.1
3.1
3.2
3.2

82.5
80.71
80.6 '
80. l!

0,4
0.5
0.5
0.5

0.8
0.7
0.6
0.6

100.0
100.0
100.0
100.0

108
124
132
134

15.2
17.3
17.0

3.3
3.4
3.5

80.2!
77.9
78.3

0.4
0.6
0.5

0.9
0.8
0.7

100.0100.0
100.0

89
116
108

Unadjusted
January 1967
Month ago
Year ago

MATURITY DISTRIBUTION - USED CAR CONTRACTS
25-30 Over 30 Balloon
18 mptiths 19-24
paper
Total
months months months
%
%
%
%
%

'

•

No. of contracts
reported (000)

Seasonally adjusted*
January 1967
December 1966
November 1966
October 1966

8.1
8.2
8.1
8.4

21.1
21.3
21.8
21.3

33.4 ! 37.1
32.7
37.4
31.9 I 37.8
32.2 i 37.8

0.3
0.4
0.4
0.3

100.0
100.0
100.0
100.0

45
46
48
47

8.1
9.3
7.7

19.1
21.0
17.3

31.5
40.9
30.2 : 39.1
30.0 1 44.4

0.4
0.4
0.6

100.0
100.0
100.0

40
46
41

Unadjusted
January 1967
Month ago
Year ago


^Seasonally adjusted
http://fraser.stlouisfed.org/ data for
Federal Reserve Bank of St. Louis

both 1965 and 1966 has been revised.

,

G.25
AUTOMOBILE LOANS BY MAJOR SALES FINANCE COMPANIES
THE PROPORTION OF USED CAR CONTRACTS WITH DEALER
COST RATIOS OF OVER 120% ROSE SHARPLY IN JANUARY

DISTRIBUTION OF DEALER COST RATIOS - NEW CAR CONTRACTS
90 or
less
%

Total

No. of contracts
reported (000)

91-100 101-105 106-110 Over 110

%

%

°L

7
o

Seasonally adjusted*
January 1967
December 1966
November 1966
October 1966

^

45 .3
44.5
44.4
44.3

31.2
32.9
32.8
31.9

12.7
12.1
12.5
12.8

6.0
6.0
5.9
6.2

4.8
4.5
4.4
4.8

100.0
100.0
100.0
100.0

97
113
121
123

44.8
45.0
42.8

31.2
31.8
30.9

12.9
12.2
13.2

6.2
6.2
7.1

4.9
4.8
6.0

100.0
100.0
100.0

80
107
98

Unadjusted
January 1967
Month ago
Year age

DISTRIBUTION OF DEALER COST RATIOS - USED CAR CONTRACTS
(loan as per cent of wholesale value)
No. of contracts
101-110 111-120 Over 120
90 or
reported (000)
Total

%

.

Z

1

%

Seasonally adjus led*
January 1967
December 1966
November 1966
October 1966

23.3
24.8
24.5
24.9

21.9
22.9
24.0
22.9

24.4
24.5
23.9
24.0

15.5
14.9
14.9
14.9

14 .9
12.9
12.7
13.3

100.0
100.0
100.0
lOO.t)

37
38
40
39

25.0
25.8
25,3

22.5
23.1
25,6

23.7
23.6
23.3

14.8
14.1
13.6

14.0
13 .4
12.2

100.0
100.0
100.0

34
38
34

Unadjusted
January" 196,7
Month ago
Year ago

 data ToFLoTTT
^'Seasonally adjusted


1965 and

1966 has been

G. 25
AUTOMOBILE LOANS BY MAJOR SALES FINANCE COMPANIES '
DEALER COST RATIO;S AND MATURITIES
ON AUTOMOBILE INSTALMENT LOANS
JANUARY 1967

(Percentage distribution of contracts)
Not seasonally: adjusted

Loan as
per cent of
dealer cost
90% or less
91% to 1007=
101% to 105%
106% to 110%
Over 110%
Total

24 month's

25-30
months

11.2,
2.4
0.8
0.3
0.3

1.8
0.9
0.4
0.1
0.1

14.9

3.3

Maturities
31-36 Over 36
months months

Balloon

j±A

OA

0.1

44.8
31.2
12.9
6.2
4.9

8ft. 8

0.5

0.5

100.0

31.5
27.5
ill. 6
|5.8

0.2
0.2
0.1

0.1
0.2
0.1

Total

(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

Maturities
25-130
Over 30
moriths months

Balloon
paper

18 months
or less

19-24
months

4.5
1.1
0.7
0.4
0.7

6 .4
3.7
3.2
2.0
2.2

6 .4
7.7
8:2
4.9
4.5

7.7
9.9
11.5
7.4
6.5

0.1

25.0
22.5
23.7
14.8
14 .0

7.5

17.4

3 1.8

43.0

0.3

100.0.

Note: Details may not add to totals becau se of rounding.
"less than one-tenth of one per cent.




0.1
0.1
*

Total