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FEDERAL
statistical

RESERVE

releas

For immediate release
February 6, 1968
G.26

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS

DECEMBER 1967

NEW CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
December 1967
November 1967
December 1966

1,266
1,324
1,360

274
300
267

487
491
525

357
372
402

148
161
166

2.890
2.891
2,781

2,817
2,864
2,707

2,977
2,968
2,861

3,133
3,139
2,999

2,357
2,324
2,296

438
458
489

97
105
99

164
165
184

114
119
134

63
69
72

Average note (Dollars):
December 1967
November 1967
December 1966
Cars financed (000):
December 1967
November 1967
December 1966

Not Seasonally Adjusted
Extensions ($ millions):
December 1967
November 1967
December 1966

1,218
1,277
1,304

275
287
267

449
471
483

347
367
390

147
152
164

2,928
2,902
2,816

2,865
2,870
2,753

3,013
2,962
2,892

3,183
3,164
3,047

2,371
2,338
2,310

416
440
463

96

100

149
159
167

109
116
128

62
65
71

Average note (Dollars):
December 1967
November 1967
December 1966
Cars financed (000):
December 1967
November 1967
December 1966




97

G.26

-2-

AUTOMDBILE INSTALMENT CREDIT DEVELOPMENTS - DECEMBER 1967
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions Q> millions)
j
December 1967
November 1967
December 1966

891
939
897

219
219
194

317
338
305

178
202
208

177
180
190

1,487
1,465
1,391

1,541
1,489
1,426

1,616
1,617
1,527

1,601
1,653
1,496

1,183
1,105
1,117

599
641
645

142
147
136

196
209
200

111
122
139

150
163
170

170
192
198

167
176
179

1,619
1,670
1,511

1,168
1,135
1,105

105
115
131

143
155
162

Average note (Dollars):
December 1967
November 1967
December 1966
Cars financed (000):
December 1967
November 1967
December 1966

Not Seasonally Adjusted
Extensions ($ millions)
December 1967
November 1967
December 1966

824
893
829

206
215
182

281
310
270

1,498
1,486
1,400

1,549
1,514
1,433

1,663
1,640
1,570

550
601
592

133
142
127

169
189
172

Average note (Dollars):
December 1967
November 1967
December 1966

•

Cars financed (000):
December 1967
November 1967
December 1966