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FEDERAL
statistical

RESERVE

r el c

For immediate^release
March 8, 1968
G.26

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS - JANUARY 1968
NEW CARS

,A11

lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
January 1968
December 1967
January 1967

1,499
1,266
1,297

330
274
270

606
487
514

398
357
364

165
148
149

2,888
2,890
2,783

2 ,827
2.
,817
2,
,758

2.
,950
2, ,977
2 ,791

3,153
3,133
3,023

2. ,357

519
438
466

117
97
98

205
164
184

126
114
'120

71
63
64

Average note (Dollars):
January 1968
December 1967
January 1967

2.
,325
2;,325

Cars financed (000):
January 1968
December 1967
January 1967

Not Seasonally Adjusted •
Extensions ($ millions):
January 1968
December 1967
January 1967

1,237
1,218
1,070

289
275
237

490
449
416

334
347
305

124
147
112

2,931
2,928
2,823

,861
2.
,865
2.
2,
,788

2. ,988

3,181
3,183
3,050

2,
,385
2,
,371
2,
,383

422

101

164

105

416
379

96
85

149
147

109
100

52
62
47

Average note (Dollars):
January 1968
December 1967
January 1967

,013
3.
,830
2.

Cars financed (000):
January 1968
December 1967
January 1967




, sr.
G.26

-2AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS - JANUARY 1968
USED CARS

' All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance

Other
lenders

Seasonally Ad lusted
Extensions ($ millions):
January 1968
December 1967
January 1967

946
891
858

238
219
194

331
317
286

195
178
196

182
177
182

1,469
1,487
1,382

1,542
1,541
1,448

1,617
1,616
1,538

1,536
1,601
1,442

1,151
1,183
1,101

644
599
621

154
142
134

205
196
186

127
111
136

158
150
165

Average note (Dollars):
January 1968
December 1967
January 1967
Cars financed (000):
January 1968
December 1967
January 1967

Not Seasonally Adiusted
Extensions ($ millions):
January 1968
December 1967
January 1967

891
824
805

235
206
192

323
281
279

178
170
179

155
167
155

1,510
1,498
1,422

1,536
1,549
1,444

1,648
1,663
1,567

1,604
1,619
1,504

1,192
1,168
1,140

' 590
550
566

153
133
133

196
169
178

111
105
119

130
143
136

Average note (Dollars):
January 1968
December 1967
January 1967
Cars financed (000):
January 1968
December 1967
January 1967

,