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FEDERAL RESERVE For Immediate release April 9, 1969 G.26 ^AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-FEBRUARY 1969 WBBAaT ^ NEW CARS ,Jo9 , (jji/jjjuj •"*« All lenders Bank direct loans ( (lutfrvurbdpj Bank purchased paper Sales finance | Other cos. lenders Seasonally Ad lusted Extensions ($ millions): February 1969 January 1969 February 1968 1 ,695 1 ,727 1 ,609 342 350 323 626 642 621 514 523 487 213 212 178 3 ,127 3 ,095 2 ,969 2,982 2,957 2,769 3,081 3,066 2,986 3,347 3,313 3,177 3,027 2,912 2,775 542 558 542 115 118 117 203 209 208 154 158 153 70 73 64 Average note (Dollars): February 1969 January 1969 February 1968 Cars financed (000): February 1969 January 1969 February 1968 Not Seasonally Adlusted Extensions ($ millions): February 1969 January 1969 February 1968 ,371 1, 1,401 13,304 290 304 275 499 512 496 412 438 391 170 147 142 3j,152 3, ,155 ,991 2, 3,021 3,010 2,806 3,099 3,103 3,006 3,377 3,369 3,205 3,036 3,063 2,784 161 , 165 165 122 130 122 48 51 Average note (Dollars): February 1969 January 1969 February 1968 Cars financed (000): February 1969 435 96 January 1969 February 1968 444 436 101 98 56 80 G>26 -2- AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS-FEBRUARY 1969 USED CARS All lenders Bank direct loans Bank purchased paper Sales finance cos. Other lenders Seasonally Adjusted Extensions ($ millions): February 1969 January 1969 February 1968 938 952 970 220 226 231 323 339 339 212 213 219 183 174 181 1,609 1,616 1,547 1,610 1,639 1,526 1,690 1,649 1,632 1,655 1,658 1,608 1,436 1,485 1,373 583 589 627 137 138 151 191 206 208 128 128 136 127 117 132 Average note (Dollars): February 1969 January 1969 February 1968 Cars financed (000): February 1969 January 1969 February 1968 Not Seasonally Adjusted Extensions ($ millions): February 1969 January 1969 February 1968 894 882 924 218 222 229 312 318 327 195 203 201 169 139 167 1,640 1,655 1,577 1,652 1,644 1,565 1,705 1,691 1,647 1,681 1,706 1,634 1,482 1,527 1,415 545 533 586 132 135 146 183 188 199 116 119 123 114 91 118 Average note (Dollars): February 1969 January 1969 February 1968 Cars financed (000): February 1969 January 1969 February 1968
