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FEDERAL

RESERVE
For immediate release
April 5, 1968

G. 26

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS - FEBRUARY 1968

(I /> ecii I In 6^3. //
f
All
lenders

Bank
direct
loans

Bank
purchased
paper

<r>b.- !<L J
Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extension's ($ millions):
February 1968
January 1968
February 1967

1,523
1,499
1,227

324
330
248

623
606
486

418
398
348

158
165
145

2,879
2,888
2,739

2,754
2,827
2,677

2,976
2,950
2,790

3,161
3,153
3,010

2,255
2,325
2,181

529
519
448

118
117
93

209
205
174

132
126
115

70
71
66

Average note (Dollars):
February 1968
January 1968
February 1967
Cars financed (000):
February 1968
January 1968
February 1967

Not Seasonally Adjusted
Extensions ($ millions):
February 1968
January 1968
February 1967

1,283
1,237
1,032

289
289
221

517
490
403

346
334
288

131
124
120

2,909
2,931
2,767

2,806
2,728

3,006
2,988
2,818

3,174
3,181
3,032

2,298
2,385
2,222

103
101
81

172
164
143

109
105

57
52
54

Average note (Dollars):
February 1968
January 1968
February 1967

2,861

Cars financed (000):
February 1968
January 1968
February 1967




441
422
373 i

95

u

/7

G.26

-2AUTOMDBILE INSTALMENT CREDIT DEVELOPMENTS - FEBRUARY 1968
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased

Sales
finance
cos.

Other
lenders

Seasonally Ad lusted
Extensions ($ millions):
February 1968
January 1968
February 1967

1,036
946
. 902

246
238
200

370
331
315

211
195
190

209
182
197

1,478
1,469
1,407

1,546
1,542
1,490

1,636
1,617
1,515

1,570
1,536
1,479

1,147
1,151
1,152

701
644
641

159
154
134

226
205
208

134
127
128

182
158
171

Average note (Dollars):
February 1968
January 1968
February 1967
Cars financed (000):
February 1968
January 1968
February 1967

Not Seasonally Ad lusted
Extensions ($ millions):
February 1968
January 1968
February 1967

963
891
837

241
235
196

341
323
290

194
178
175

187
155
176

1,495
1,510
1,423

1,565
1,536
1,508

1,647
1,648
1,526

1,603
1,604
1,509

1,154
1,192
1,158

644
590
588

154
153
130

207
196
190

121
111
116

162
130
152

Average note (Dollars):
February 1968
January 1968
February 1967
Cars financed (000):
* February 1968
January 1968
February 1967