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For immediate release
October 8, 1968

G.26

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS - AUGUST 1968
I
'

NEW CARS

USHARU
APR 1 4 ,'359
FEDERAL RESERVE B A N K
OF RJCHT>10r,T)

- — i 11
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions) :
1,668
1,709
1,385

379
383
322

667
658
539

435
474
361

187
194
163

2,947
2,936
2,787

2,873
2,845
2,762

3.051
3.052
2,857

3,215
3,202
3,043

2,332
2,349
2,263

566
582
497

August 1968
July 1968
August 1967

132
135
117

219
*216
189

135
148
119

80
83
72

Average note (Dollars):
August 1968
July 1968
August 1967
Cars financed (000):
August 1968
July 1968
August 1967

Not Seasonally Adjusted
Extensions ($ millions):
August 1968
July 1968
August 1967

1,723
1,892
1,429

363
411
308

698
738
564

462
533
383

200
210
174

2,906
2,933
2,753

2,836
2,854
2,726

2,996
3,025
2,806

3,186
3,192
3,016

2,299
2,333
2,231

593
645
519

128
144
113

233
244
201

145
167
127

87
90
78

Average note (Dollars):
August 1968
July 1968
August 1967
Cars financed (000):
August 1968
July 1968
August 1967




.
G.26

-2AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS - AUGUST 1968
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
August 1968
July 1968
August 1967

1,016
998
925

232
240
223

378
350
335

206
213
186

200
195
181

1,492
1,474
1,434

1,518
1,531
1,486

1,697
1,635
1,587

1,602
1,584
1,525

1,137
1,135
1,118

681
677
645

153
157
150

223
214
211

129
134
122

176
172
162

Average note (Dollars):
August 1968
July 1968
August 1967
Cars financed (000):
August 1968
July 1968
August 1967

Not Seasonally Adjusted
Extensions ($ millions):
August 1968
July 1968
August 1967

1,001
1,035
910

224
233
215

367
380
325

203
223
183

207
199
187

1,440
1,458
1,383

1,474
1,513
1,443

1,624
1,617
1,519

1,538
1,559
1,464

1,119
1,118
1,100

695
710
658

152
154
149

226
235
214

132
143
125

185
178
170

Average note (Dollars):
August 1968
July 1968
August 1967
Cars financed (000):
August 1968
July 1968
August 1967




SI