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BOARD OF GOVERNORS

FEDERAL RESERVE SYSTEM
WASHINGTON

WII!
September *15, 1955.

Not For'Publication

Automobile Loans by Major Sales Finance Companies

L.A.I

':::?OLLE? .

SIZ MCOTH4

Maturities - New Cars "

Percentage d i s t r i b u t i o n of contracts
2k months, 25-30 . 31-36 Over 36 JftallootT
or l e s s
months months months
paper
.1959
19 60—Tear
1961—Tear
1962—Tear
1963—Tear
19 6U—-Tear

19.3
20.lt
20.8
18.6
17.5
l^.lt

196U—Jan.
Feb.
March
April
May
June
July
Aug. •
Sept.
Oct.
Nov,
Dec,

18.7
16.8
16.3
I5.k
lit.9
lit.6
13.lt
13.lt
lit.2
15.2
16.1
18.0

1965—Jan.
Feb.
March
April
May

17.7
16.U
15.3 "
15.1
15.0
lit.5
14.2

July
August
Sept.
Oct.
Nov.
Deco




10.5
8.U
7.2
5.6
lt.7
lt.O

69.1
69.6
70.7
7U.3
76.3
79.1

0.6
0.5
0.6
1.0 '
0.6
,0.7
0.8
,• 0.7
0.8
0.7
0.6
0.9 *

foetal

Total
contracts
reported

100.0
100.0
100.0
100.0
qjoo.o
1W.0

862
l,ltll
1,123
l,lt37
l,5UU
l,5U3
111
108
131
lltU
lltl
157
151
137
125
133
85
121

7U.8
- lt.7
It.6
76.8
lt.3
77.9
It.2
79.0
lt,l
79©6
80.2
3.8
3.6
81.7
81.8
3.5
80.7
3.8
3.7 • 79.7
78.lt
, 3.7
76.6
3.9

0.8
0.8
0.6
0.6
0.6
0.6
0.6
0.6
0.6
0.6
0.6
6.6

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
ioo.o
lOOoO
100.0
100.0
lOOeO
100.0
100.0
100.0
100.0

76.8
78.2
79.6
79.9
80.0
80.7
81.4.

o.5
0.5
• 0.5

0.9
0.9
0.8
0.7
0.7
0.7
0.6

' 100.0
100.0
100.0
100.0
100.0
100.0
100.0

lt.1
U.o
3.8
- 3.8
3.7

3.5

3.2

0.5

0.6
0.6
0.6

•

105
109
138
lltlt
135
. 157
156

BOARD OF GOVERNORS

\

OF THE

FEDERAL RESERVE SYSTEM
WASHIN8TON

« l l !

-

2

-

Not For Publication
L. 4.1

September 15, 1965.

Automobiles Loans by Major Sales Finance Companies
Dealer Cost Ratios - New Cars
a (loan as percent of dealer cost)
90
or l e s s

1959
I960—Tear
1961—Tear
1962—Tear
1963—Tear
196U—Tear
1961&—-Jan.
Feb. '
March
April
May ^
June
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
101 106 Over
Total
91 100
105
110
110

52 : l
51.8
#.1
U7.U
U5.5
hk.l

Ui.2
Uli.2
bh.7
hh.9

Ui.3
U3.9
U2.U
U3.8
UU.7
Wi.3
12.3
U5.1
bh.9

uu.u
hh.9

U5.2
U1.6
U3.9
43.5




28.U
29.2
30.9
31.0
30.U
30.6

10.U
10.3
10.5
11.7
12.2
12.8

5.2
5.0
U.9
5.7
6.6
6.9

3.9
3.7
3.6
U.2
5.3
5.6

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
R.8
12.7
12.9
12.8
13.3
12.8
12.5
12.U
13.2
13.1^

6.9
6.9
6.8
6.9
6.9
6.7
6.9
6.U
6.1
7.5
7.6
7.1

5.7
5.6
5.6
5.6
5.14
5.U
5.U
5.1

29 .U
30.0
30.0
30.1
30.8
31.2
31. 7

13.1
13.1
12.8
12.7
12.6
12.9
12.8

7.0
7.0
6.8
6.7
6.7
6.7
6. 6

h.9

6.6
6.7
5.6
5.6
5.6
5.3
5.3
5.3
5.4

.

Total
contracts
reported

100.0
100.0
100.0
100.0
100.0
100.0

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
100.0

98
97
119
131
129
lUi
137
125
113.
120
7U
111

100.0
100.0
100.0
100.0
100.0
100.0
100.0

95
99
126
131
122
11*2
140

.

BOARD OF GOVER^PRS

M

FEDERAL RESERVE SYSTEM
WABMINOTON-

- 3-

«4mb**.

. '

Not For Publication
L.4.1

September 15, 1963.

Automobile Loans by Major Sales Finance Companies
Maturities - Used Cars

18 months
or l e s s

Percentage d i s t r i b u t i o n of contracts
19 -2U
25-30
Over 30 Balloon. Total
months paper
months months

19#
I960—Tear
1961—Year
1962—Year
1963—Year
196k—Year

11.8 '
11.7
13.0
10.2
9.0
7.6

37.9
32.5
31.2
26.2
21.U
18.8

35.6
3U.9
37.3
38.7
31.7
32.7

1U.U
20.6
18.1
2U.5
3U.U
Uo.U

0.3
0.3
o.U
o.U
0.5
0.5

100.0
100.0
100.0
100.0
100.0
100.0

196U—Jan.
Feb.

7.7
7.2
7.2
7.0
6.9
7.3
7.U
7.9
8.6
7.9
8.5
8.5

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
3U.7
3U.6
35.1
35.2
3U.5
28.3
27.8
29.0

• Ul.9
-42.6
ia.6^
U0.5
uo.o
•
39.1
37.6
35.7
3U.8
UU.3
UU.U
U3.1

0.7"*
0.6
0.5
o.U
o.U
o.U
o.U
o.5
0.6
0.6
0.7

100.0
100.0
100.0
100.0 '
100.0
100.0
100.0
100.0
100.0
100.0
. 100.0
100.0

7.6
7.1
6.9
6.8
6.9
7.1
7.2

16.5
15.9
16.7
16.8
17.U
17.9
19.-3

30.6
32.1
32.8
32.9
33.5
3U.1
34.9

UU.7
UU.3
U3.0
U3.0
U1.7
U0.5
38.1

0.6
0.6
0.6
0.5
o.5.
0.5
0.5

April
MayJune
July
August
Sept.
Oct.
Nov.
Dec.
1965—Jan.
Feb.
•March
April
May
June
July
August
Sept.
Oct.
' Nov.
Dec.




100.0
100.0
100.0
100.0
100.0
100.0
100.0

Total
contracts
reported
3U1
U6U
U38
^ U91
519
525
U2
UO
U6
50
U7
51
50
U2
UO
U2
'35
U2
,

38'
39
U8
50
U7
53
49,

V

BOARD OF GOVERNORS
FEDERAL RESERVE SYSTEM
WAIHINerON

f-ty. RfcS^;.
Not For Publication

September 15, 1965.

Automobile Loans by Major Sales Finance Companies
Dealer Cost Ratios - Used Cars
(loan as percent of wholesale value)
90

Percentage! d i s t r i b u t i o n of contracts
Total
111 - Over
91 - 101 100
120
120
110

19#
i960—Tear
1961—Year
1962—Tear
1963—Tear
196U—Tear

U0.3
39.8
33.3
30.9
28.0
26.5

26.0
26.1
26.9
26.u
25.9
25.1

18.3
18.6
20.8
21.8
23.1
2U.1

9.0
8.7
10.li
11.6
12.7
13.1i

6.I1
6.8
8.6
9.3
10.3
10.9

100.0
100.0
100.0
100.0
100.0
100.0

196L—Jan.
Feb.
March
April
MayJune
July
August
Sept.
Oct.
Nov.
Dec.

28.U
28.7
26.6
26.7
2U.6
2U.3
2U.2
25.2
25.8
29.2
27.8
28.2

25.8
25.6
2h.lt
25.2
23.7
2li.li
2li.ii
25.0
25.8
26.6
26.1
25.6

23.0
23.2
23.8
2li.8 "
2li.5
2li.9
25.3
2li.6
2li.li
23.3
23.Il
23.5

12.4
12.U
13.9
13.7
1U.8
1U. 7
lli.l
13.9
13.3
11.7
12.3
12.3

10.2
10.1
11.3
9.6
12.li
11.7
12.0
11.3
10.7
9.2
10.li
10.ii

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

1965—Jan.'
Feb.
March
April
May
June
July
August
Sept.
Oct.
Nov.
Dec.

30.2
29.1
28.6
26.8
25.6
25.6
24. 7

25.7
26.8
26.1i
. 25.1
25.li
25.3
24.5

23.1
23.8
23.8
2li.5
2li.8 •
2h.9
2$. 3

12.1
11.8
12.3
13.3
13.6
13.8
14.1

8.9
8.I1
9.0
10.3
10.6
10.U
11.4

100.0
100.0
100.0
100.0
100.0
100.0
100.0




Total
contracts
reported
305
399
370
398
li20
h31
3U
33
39
36
39
li3
U2
35
33
3ll :
28
3U
.

32
33
liO
h2
38
Wi
40