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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 ,