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F

E

statistical

D

E

R

A

L

R

E

S

E

R

V

E

release
For immediate release
June 6, 1967

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS - APRIL 1967
NEW CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

352
390
393

147
147
160

Seasonally Adjusted
^—Extensions ($ millions):
April 1967
March 1967
April 1966

1,250
1,312
1,350

272
266
274

479
509
523

2,753
2,739
2,657

2,719
2,646
2,585

2,801
2,836
2,728

454
479
508

100
101
106

171
179
192

Average note (Dollars):
April 1967
March 1967
April 1966

3,018
3,007
.2,878 ..
.

2,241
2,132
2,193

Cars financed (000):
April 1967
March 1967
April 1966

117
130
137

66
69
73

Not Seasonally Adjusted
Extensions ($ millions):
April 1967
March 1967
April 1966

1,360
1,357
1,467

306
289
309

514
524
561

378
389
421

162
155
176

2,742
2,719
2,648

2,708
2,651
2,575

2,793
2,802
2,723

3,000
2,992
2,864

2,219
2,123
2,173

496
499
554

113
109
120

184
187
206

126
130
147

73
73
81

Average note (Dollars):
April 1967
March 1967
April 1966
Cars financed (000):
April 1967
March 1967
April 1966




G.26

—2—
AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS - APRIL 1967
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
April 1967
March 1967
April 1966

792
871
866

191
204
185

277
294
291

164
189
202

160
184
188

1,382
1,385
1,386

1,470
1,452
1,442

1,499
1,494
1,494

1,464
1,468
1,431

1,092
1,130
1,165

573
629

130
140

185
197

112
129

146
163

313
319
328

183
207
225

178
191
209

1,505
1,519
1,498

1,476
1,489
1,442

1,106
1,124
1,1,81

208
210
219

124
139
156

161
170
177

Average note (Dollars):
April 1967
March 1967
April 1966
Cars financed (000):
April 1967
March 1967
April 1966

Not Seasonally Adjusted
Extensions ($ millions):
April 1967
March 1967
April 1966

888
941
969

214
224
207

Average note (Dollars):
April 1967
March 1967
April 1966

1,392
1,402
1,394

1,476
1,474
1,448 -

Cars financed (000):
April 1967
March 1967
April 1966




638
671
695

145
152
143