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hLr^i^i FEDERAL e p . / (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