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FEDERAL ,0f^F,v; statistical RESERVE release G. 26 For immediate release May 7, 1968 BILE INSTALMENT CREDIT DEVELOPMENTS - MARCH 1968 NEW CARS All lenders Bank direct loans Bank purchased paper Sales finance cos. Other lenders Seasonally Adjusted Extensions ($ millions): March 1968 February 1968 March 1967 1,511 1,523 1,312 342 324 266 581 623 509 438 418 390 150 158 147 2,901 7,879 2,739 2,864 2,754 2,646 2,989 2,976 2,836 3,176 3,161 3,007 2,140 • 2,255 2,132 521 529 479 119 118 101 194 209 179 138 132 130 70 70 69 Average note (Dollars): March 1968 February 1968 March 1967 Cars financed (000): March 1968 February 1968 March 1967 Not Seasonally Adjusted Extensions ($ millions): March 1968 February 1968 March 1967 1,483 1,283 1,357 353 289 289 567 517 524 414 346 389 149 131 1155 2,874 2,909 2,719 2,806 2,870 2,953 3,006 2,651 2,802 3,160 3,174 2,992 2,129 2,298 2,123 516 441 499 123 103 109 192 172 187 131 109 130 70 57 73 Average note (Dollars): March 1968 February 1968 March 1967 Cars financed (000): March 1968 February 1968 March 1967 Nt G.2b -2- * AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS - MARCH 1968 USED CARS All lenders Bank direct loans Sales finance cos. Other lenders 359 370 294 203 211 189 203 209 184 1,606 1,636 1,494 1,581 1,570 1,468 1,157 1,147 1,130 224 226 197 128 134 129 175 182 163 Bank purchased paper Seasonally Adjusted Extensions ($ millions): March 1968 February 1968 March 1967 1,008 1,036 871 243 246 204 1,470 1,478 1,385 1,530 . 1,546 1,452 Average note (Dollars): March 1968 February 1968 March 1967 Cars financed (000): March 1968 February 1968 March 1967 686 701 629 159 159 140 Not Seasonally Adjusted Extensions ($ millions): March 1968 February 1968 March 1967 1,031 963 941 252 241 224 370 341 319 210 194 207 199 187 191 1,490 1,495 1,402 1,556 1,565 1,474 1,637 1,647 1,519 1,603 1,603 1,489 1,150 1,154 1,124 692 644 671 162 154 152 226 207 210 131 121 139 173 162 170 Average note (Dollars)i March 1968 February 1968 March 1967 Cars financed (000): March 1968 February 1968 March 1967
@FedFRASER