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R ES ERV c

FEDERAL
H

e

*

m n i s t i k o l
F £ 1 M

ft
A'

V

rele

I
Vj/

=-26

4

For immediate release
February 5, 1970

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-DECEMBER 1969
NEW CARS

@
All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance

.Other
lenders

Seasonally Adjusted
Extensions ($ millions):
. December 1969
November 1969
December 1968

1,603
1,591
1,610

331
326
338

566
576
593

3,193
3,234
3,073

3,092
3,124
2,990

3,107
3,179
3,017

3,448
3,431
3,276

3,064
3,100
2,977

502
492
524

107
104
113

182
181
197

144
141
147

69
66
67

495
483
' 481

211
206
198

Average note (Dollars):
December 1969
November 1969
December 1968
Cars financed (000):
December 1969
November 1969
December 1968

Not Seasonally Adjusted
Extensions ($ millions):
December 1969
November 1969
December 1968

1,539
1,516
1,545

316
306
324

515
535
540

504
477
489

204
198
192

3,268
3,267
3,147

3,160
3,155
3,057

3,160
3,204
3,068

3,524
3,482
3,349

3,138
3,143
3,048

471
464
491

100
97
106

163
167
176

143
137
146

65
63
63

Average note (Dollars):
December 1969
November 1969
December 1968
Cars financed (000):
December 1969

DigitizedNovember 1969
for FRASER
December 1968


/60

-2-

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-DECEMBER 1969
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased

Sales
finance

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
December 1969
November 1969
December 1968

943
825
945

230
189
221

320
290
338

206
182
212

187
164
174

1,672
1,667
1,599

1,662
1,640
1,573

1,700
1,691
1,643

1,742
1,723
1,646

1,557
1,589
1,496

564
495
591

138
115
140

188
171
206

118
106
129

120
103
116

Average note (Dollars):
December 1969
November 1969
December 1968
Cars financed (000):
December 1969
November 1969
December 1968

Not Seasonally Adjusted
Extensions ($ millions):
December 1969
November 1969
December 1968

2fl

856
796
859

183
203

282
272
298

197
181
203

166
160
155

1,698
1,712
1,627

1,675
1,679
1,586

1,763
1,732
1,703

1.791
1.792
1,692

1,537
1,633
1,476

504
465
528

126
109
128

160
157
175

110
101
120

108
98
105

Average note (Dollars):
December 1969
November 1969
December 1968
Cars financed (000):
December 1969
November 1969
December 1968