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4 '•/ -

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
.4

August

AUTO LOANS BY COMMERCIAL BANKS
MATURITIES AND DEALER COST RATIOS
USED CARS

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

Three months
e n d i n g June
1972
|
1971

May
19:72

1972

PURCHASED,PAPER
24 months or l e s s
Over 24 months

I
|

45.2
54.8

1
1

1
|

56.6
43.4

1
|

45.1
54.9

1!
1

45.0
55.0

1
|

N.A.
N.A.

1
1

57.0
43.0

1
I

N.A.
N.A.

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

Contract balance
compared t o
dealer cost

56.4
43.6

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 24
24 months
Total,
months
or l e s s
1
May
May
May
PURCHASED PAPER

Less than or equal t o
Greater than
Total

30.4
15.3

29.2
15.3

45.7

44.5

30.2
24.1

30.7
24.7

60.6
39.4

59.9
40.1

54.3

55 .5

100.0

100.0

30.2
11.5

78.5
21.5

78.6
21.4

41.7

100.0

100.0

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

47.5
9.8

48.4
9.9

31.1
11.6

57.3

58.3

42.7

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




36.5
13.3

36.0
13.4

30.5
19.7

30.6
20.0

67.0
33.0

66.6
33.4

49.8

49.4

50.2

50.6

100.0

100.0

IG3
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
August 7, 1972

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 m a t u r i t i e s of:

Three months
e n d i n g June
1972
|
1971

May
1972

1972

PURCHASED PAPER
30 months or l e s s
Over 30 months

30 months or l e s s
Over 30 months

I
1

12 .7
87 .3

1
1

1
|

26..1
73..9

1
1

13.2
86.8

1
1

13 %
86.8

|
|

N.A.
N.A.

I
|

26.6
73.4

1
|

N.A.
N.A.

DIRECT LOANS

Contract balance
compared t o
dealer cost

27.1
72.9

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
less
months
June
| May
June
|
I May

May

PURCHASED PAPER
Less t h a n or e q u a l t o
Greater than

11.0
2.4

11.9
2.3

63.6
23.1

63.1
22.7

74.6
25.4

75.0
25.0

14.2
DIRECT LOANS
Less t h a n or e q u a l t o
Greater than

25.9
2.5

25.2
2.0

63.0
8.7

64.7
8.1

88.9
11.1

89.9
10.1

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

16.0
2.4

16.3
2.2

63.4
18.2

63.6
17.9

79.3
20.7

79.9
20.1

81.6
NOTE:

D i s t r i b u t i o n s f o r June and ttey a r e d e r i v e d from 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 .