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F E statistical D E R A L R E S E R V E release For immediate release j. July 10, 1967 AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS - MAY 1967 NEW CARS All lenders Bank direct loans Sales finance cos. .. . Other lenders 538 479 539 409 352 405 165 147 162 2 ,878 ,801 2, ,805 2. 3,020 3,018 2,885 2. ,247 2, ,241 2, ,240 187 171 192 135 117 140 73 66 72 Bank purchased paper Seasonally Adjusted Extensions ($ millions): May 1967 April 1967 May 1966 1 ,424 1 ,250 1 ,376 312 272 270 Average note (Dollars): May 1967 April 1967 May 1966 2 ,792 2, ,753 2. ,719 2 ,724 2. 719 , ,646 2j Cars financed (000): May 1967 April 1967 May 1966 510 454 506 115 100 102 Not Seasonally Adjusted Extensions ($ millions): May 1967 April 1967 May 1966 1,558 1,360 1,508 357 306 310 585 514 587 431 378 429 185 162 182 2,787 2,742 2,742 2,705 2,708 2,627 2,910 2,793 2,836 3,014 3,000 3,000 2,229 2.219 2.220 559 496 550 132 113 118 201 184 207 143 126 143 83 73 82 Average note (Dollars): May 1967 April 1967 May 1966 Cars financed (000): May 1967 April 1967 May 1966 G.26 -2 AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS - MAY 1967 USED CARS All lenders Bank direct loans Bank purchased paper- Sales f inance cos. Other lenders Seasonally Adjusted Extensions ($ millions): May 1967 April 1967 May 1966 868 792 882 207 191 191 298 277 291 192 164 204 171 160 196 1,405 1,382 1,376 1,474 1,470 1,459 1,501 1,499 1,476 1,493 1,464 1,419 1,137 1,092 1,162 618 573 641 140 130 131 199 185 197 129 112 144 150 146 169 Average note (Dollars): May 1967 April 1967 May 1966 Cars financed (000): May 1967 April 1967 May 1966 Not Seasonally Adjusted Extensions ($ millions): May 1967 April 1967 May 1966 949 967 226 214 209 330 313 323 205 183 219 188 178 216 1,406 1,392 1,377 1,487 1,476 1,472 1,507 1,505 1,482 1,496 1,476 1,422 1,126 1,106 1,149 675 638 702 152 145 142 219 208 218 137 124 154 167 161 188 888 Average note (Dollars): May 1967 April 1967 May 1966 Cars financed (000): May 1967 April 1967 May 1966 °