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FEDERAL
RESERVE
statistical release
I l I » I I V Vi I

•f*AL Klf.

I C I C U A C

(u.AH ,

G.26

AUTOMOB

!

I

g »|

floromKor 5, 1969
December R 1QfiQ

STALMENT CREDIT DEVELOPMENTS-OCTOBER 1969
NEW CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
f inance

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
October 1969
September 1969
October 1968

1 ,831
1 ,852
1 ,755

385
427
374

646
626
675

568
555
496

232
244
210

3 ,184
3 ,232
3 ,052

3,035
3,154
2,921

3,133
3,163
3,056

3,435
3,458
3,251

2 ,996
3 ,087
,890
2.

575
573
575

127
136
128

206
198
221

165
160
153

77
79
73

Average note (Dollars):
October 1969
September 1969
October 1968
Cars financed (000):
October 1969
September 1969
October 1968

Not Seasonally Ad lusted
Extensions ($ millions):
October 1969
September 1969
October 1968

1;,632
1.,858

385
355
381

666
584
710

630
461
554

233
232
213

3,,206
3,,138
3,,076

3,056
3,034
2,941

3,142
3,090
3,066

3,462
3,365
3,278

3,,026
3,,013
,918
2,

597
520
604

126
117
130

212
189
232

182
137
169

77
77
73

1.,914

Average note (Dollars):
October 1969
September 1969
October 1968
Cars financed (000):
October 1969
September 1969

October 1968



G.26

*

-2-

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-OCTOBER 1969
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

1
|

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
October 1969
September 1969
October 1968

954
967
986

224
238
235

332
335
363

223
216
213

175
178
175

1,639
1,679
1,578

1,629
1,684
1,580

1,737
1,767
1,638

1,719
1,734

1,628

1.418
1,480
1.419

582
576
625

138
141
149

191
190
222

130
125
131

123
120
123

233

323
291
353

221
182
211

172
172
172

1,652
1,625

1,746

1,682

1,601

1,646

1,740
1,640
1,648

1,458
1,470
1,458

135

185
173
214

127
111
128

118
117
118

Average note (Dollars):
October 1969
September 1969
October 1968
Cars financed (000):
October 1969
September 1969
October 1968

Not Seasonally Adjusted
Extensions ($ millions):
October 1969
September 1969
October 1968

939
853
969

223

208

Average note (Dollars):
October 1969
September 1969
October 1968

1,662
1,612
1,599

Cars financed (000):
October 1969
September 1969
October 1968




565
529

606

128
146