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hLr^i^i

FEDERAL

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/ (Lujk^ry\^6&&J)3

RESERVE
release

statistical

For Immediate release
February 8, 1971
AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-DECEMBER 1970
NEW CARS

All
lenders

Bank
direct
loans

Bank
purchased

Finance
cos.

Other
lenders

Seasonally Ad lusted
Extensions ($ millions):
December 1970
November 1970
December 1969

1 ,220
1 ,209
1 ,656

263
271
339

483
491
590

288
270
511

186
177
216

3 ,120
3 ,076
3 ,197

2,979
2,962
3,084

2,992
2,991
3,127

3 ,570
3 ,356
3 ,453

3,028
3,065
3,042

391
393
518

88
91
110

161
164
189

81
80
148

61
58
71

Average note (Dollars):
December 1970
November 1970
December 1969
Cars financed (000):
December 1970
November 1970
December 1969

Not Seasonally Ad lusted
Extensions ($ millions):
December 1970
November 1970
December 1969

. 13,123
1,,120
1,539

244
250
316

420
442
515

284
262
504

175
166
204

3, 181
3, 120
3, 268

3,050
3,012
3,160

3,022
3,027
3,160

3, 641
3,403
3, 524

3,125
3,132
3,138

353
359
471

80
83
100

139
146
163

78
77
143

56
53
65

Average note (Dollars):
December 1970
November 1970
December 1969
Cars financed (000):
December 1970
November 1970
1969
DigitizedDecember
for FRASER



133
G.26
AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-DECEMBER 1970
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Finance

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
915
829
949

238
217
231

308
283
323

171
163
208

198
166
187

1,710
1,702
1,662

1,682
1,644
1,662

1,649
1,660
1,706

1,838
1,815
1,748

1,736
1,756
1,505

535
487
571

141
132
139

187
170
189

93
90
119

114
95
124

December 1970
November 1970
December 1969
Average note (Dollars):
December 1970
November 1970
December 1969
Cars financed (000):
December 1970
November 1970
December 1969

Not Seasonally Adjusted
Extensions ($ millions):
824
783
856

217
206
211

269
262
282

162
160
197

176
155
166

1,749
1,744
1,698

1,695
1,675
1,675

1,703
1,690
1,763

1,884
1,882
1,791

1,778
1,802
1,537

471
449
504

128
123
126

158
155
160

86
- 85
110

99
86
108

December 1970
November 1970
December 1969
Average note (Dollars):
December 1970
November 1970
December 1969
Cars financed (000):
December 1970
November 1970
December 1969