View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARDxOF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
L.4.2

A p r i l 12, 1972
OLAED AFTER

[OUTHS
AUTO LOANS BY COMMERCIAL BANKS
MATURITIES AND DEALER COST RATIOS

Per c e n t of c o n t r a c t s
with maturities of:

February
1972

Three months
ending February
1972 |
l W

January
1972
PURCHASED PAPER

24 months or l e s s
Over 24 months

1

45.7
54.3

45.6
54.4

1
1

1
1

45.7
54.3

N.A.
N.A.

1

58.2
41.8

N.A.
N.A.

.DIRECT LOANS
24 months o r l e s s
Over 24 months

Contract balance
compared t o
dealer cost

.

58.0
42.0

1 -

57.3
42.7

Per c e n t of c o n t r a c t s w i t h m a t u r i t i e s o f :
24 months
Over 24
Total
or l e s s
months
PURCHASED PAPER

Less t h a n o r e q u a l t o
Greater than
Total

31.7
13.5

29.8
13.3

45.2

43.1

32.3
22.6

32.0
24.9

64.0
36.1

61.8
38.2

54.9

56.9

100.0

100.0

78.1
22.0

79.6
20.4

DIRECT LOANS
Less t h a n o r e q u a l t o
Greater than
Total

48.1
11.1

49.2
10.7

30.0
10.9

30.4
9.7.

59.2

59.9

40.9

40.1

100.0

100.0

37.3
12.7

36.9
12.4

31.5
18.6

31.4
19.3

68.8
31.3

68.3
31.7

50.0

49.3

50.1

50.7

100.0

100.0

TOTAL
Less t h a n or e q u a l t o
Greater than
Total




BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
L.4.2

A p r i l 12, 1972

AUTO LOANS BY COMMERCIAL BANKS
MATURITIES AND DEALER COSx RATIOS
NEW CARS

Per c e n t of c o n t r a c t s
with m a t u r i t i e s of:

February
1972

T h r e e months
ending February
1972
| 1971

January
1972
PURCHASED PAPER

30 months or l e s s
Over 30 months

30 months o r l e s s
Over 30 months

1
1

13

.9
86 . 1

I
1

1
1

28 .6
71 .4

1
|1

14.3
85.7

1
I

14.5
85.5

1
|

29.2
70.8

I
|

N.A.
N.A.

DIRECT LOANS

Contract balance
compared t o
dealer cost

29.4
70.6

N.A.
N.A.

Per c e n t of c o n t r a c t s w i t h m a t u r i t i e s o f :
Over 30
30 months ^
Total
or l e s s
months
Feb.
| Jan.
Feb.
| Jan.
Feb.
|
Jan.
PURCHASED PAPER

Less than or equal to
Greater than
Total

12.3
2.3

12.4
2.7

64.0
21.4

63.2
21.7

76.3
23.7

75.6
24.4

14.6

15.1

85.4

84.9

100.0

100.0

25.4
2.5

26.1
3.0

62.5
9.6

61.3
9.6

87.9
12.1

87.4
12.6

27.9

29.1

72.1

70.9

100.0

DIRECT LOANS
L e s s t h a n or e q u a l t o
Greater than
Total

,

,

100.0

TOTAL
L e s s t h a n or e q u a l t o
Greater than
Total
NOTE:

15.9
2.3

16.3
2.8

63.6
18.1

62.6
18.2

79.5
20.4

78.9
21.0

18.2

19.1

81.7

80.8

100.0

100.0

D i s t r i b u t i o n s f o r F e b r u a r y and J a n u a r y a r e d e r i v e d f r o m r e p o r t s of 110 b a n k s ,
69 of which r e p o r t e d d e a l e r c o s t r a t i o s as w e l l a s m a t u r i t i e s .