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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FEBRUARY
AlgONTBOLJjgB- AFTER SIX

MONTHS

PER CENT OF CONTRACTS
WITH MATURITIES O F :

7,

1974

AUTO LOANS BY COMMERCIAL BANKS
MATURITIES AND DEALER COST RATIOS

1
I
1
1

1
I
1
1

DECEMBER
1973

1
1
I
1

NOVEMBER
1973

THREE MONTHS ENDING
DECEMBER
1973
1972
1

PURCHASED PAPER
3 0 MONTHS OR LESS
OVER 30 MONTHS

3 0 MONTHS OR LESS
OVER 30 MONTHS

!

13.8
86.2

1
1

i
i

26.5
73.5

1
1

13.0
87.0

I
|

13.0
87.0

1
1

14.0
86.0

f
I

25.8
74.2

1
1

26.8
73.2

DIRECT LOANS

CONTRACT BALANCE
COMPARED TO
DEALER COST

i
|
1
1

PER CFNT
3 0 MONTHS
OR LESS
DEC.
1 NOV.

1
1

11.0
3.0

1
1

10.1
2.9

I
I

I

14.0

1

13.1

I

25.6
74.4

OF CONTRACTS WITH MATURITIES O F :
I
OVER 3 0
|
TOTAL
1
MONTHS
1
1 DEC.
1 NOV.
1
DEC.
NOV.
1
PURCHASED PAPER

LESS THAN OR EQUAL TO
GREATER THAN
TOTAL

58.5
27.4

1
|

60.0
26.9

|
|

69.5
30.5

86.0

|

86.9

|

100.0

1
j

70.1
29.9
100.0

DIRECT LOANS
LESS THAN OR EQUAL TO
GREATER THAN
TOTAL

1
1

23.0
3.5

1

26.5

I
1
1
1

22.8
2.9

I
1

61.1
12.3

|
|

62.6
11.6

1
1

84.2
15.8

25.7

I

73.5

1

74.3

L

100.0

I
I

73.9
26.1

|

100.0

TOTAL
LESS THAN OR EQUAL TO
GREATER THAN
TOTAL

1
1

14.6
3.2

I
1

14.0
2.9

I
1

59.3
23.0

|
|

60.8
22.2

1

17.7

1

17.0

I

82.3

1

83.0

DISTRIBUTIONS ARE DERIVED FROM REPORTS OF 1 0 8 BANKS,
REPORTED DEALER COST RATIOS AS WELL AS M A T U R I T I E S .




r)

6 9 OF WHICH

1
r
i

|
1

85.4
14.6
100.0

74.8
2 5^ 2
100.0

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FEBRUARY

7,

1974

AUTO LOANS BY COMMERCIAL BANKS
MATURITIES AND DEALER COST RATIOS

PER CENT OF CONTRACTS
WITH MATURITIES OF:

DECEMBER
1973

NOVEMBER
1973

I
|

THREE MONTHS ENDING
DECEMBER

PURCHASED PAPER
24 MONTHS OR LESS
OVER 24 MONTHS

40.3
59.7

24 MONTHS OR LESS
OVER 24 MONTHS

55.8
44.2

40.0

60.0

40.3
59.7

44.2
55.6

55.2
44.8

55.8
44.2

DIRECT LOANS

CONTRACT BALANCE
COMPARED TO
DEALER COST

J

I
I

55.8
44.2

PER CENT OF CONTRACTS WITH MATURITIES DF ;
24 MONTHS
QR LESS
MONTHS
TOTAL
QELs
I MQ1L« 1 DEL.
I NOV.
L
PURCHASED PAPER
25.5
14.0

LESS THAN OR EQUAL TO
GREATER THAN
I

39.5

25.0
13.7
|

38.7

31.9

32.6
28.7

28.6
|

60.5

|

57.4
42.6

57.6
42.4

77.0
23.0

77.6
22.4

64.9
35.1

64.8
35.2

61.3

DIRECT LOANS
LESS THAN OR EQUAL TO
GREATER THAN

45.3
10.4
I

55.7

|

46.5
9.9

31.7

56.4

44.3

31.1
12.5

12.6
|

43.6

TOTAL
LESS THAN OR EQUAL TO
GREATER THAN




I
I

33.1
12.7

32.8
12.3

31.8
22.5

I

32.0
22.9

54.3

|

54.9

?