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BOARD!OF

G O V E R N O R S OF

THE

FEDERAL RESERVE SYSTEM

L.4.21

J A N U A R Y 11, 1973

S I X M O N T H S A U T O L O A N S BY C O M M E R C I A L B A N K S
MATURITIES AND DEALER COST RATIOS
NEW

PER C E N T OF C O N T R A C T S
WITH MATURITIES OF:

I
1

NOVEMBER
1972

CARS

I
1
1

OCTOBER
1972

PURCHASED
30 M O N T H S OR L E S S
OVER 30 MONTHS

1
1

13.8
86.2

1
I

3 0 M O N T H S OR L E S S
OVER 30 MONTHS

1

26.5
73.5

I
1

1
1
1
1

1

THREE MONTHS ENDING
NOVEMBER
1972
1
1971

PAPER

14.5
85.5
DIRECT

CCNTRACT BALANCE
C O M P A R E D TO
DEALER COST

!
1
1

1
I

13.7
86.3

1
I

14.4
85.6

1
1

27.2
72.8

1
I

29.6
70.4

LOANS

27.2
72.8

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 :
I
OVER 30
30 M O N T H S
1
TCTAL
1
MONTHS
1
OR L E S S
1
1
NOV.
1 OCT.
1
NOV.
NOV.
1
OCT.

OCT.

PURCHASED PAPER
L E S S T H A N OR E Q U A L
GREATER THAN

TO

TOTAL

1
1

12.2
2.7

I
1

13.2
2.7

1
1

1

15.0

I

16.0

|

61.5
23.5

|
|

61.4
22.6

I
I

73.7
26.3

1
1

85.0

|

84.0

1

100.0

1

100.0

DIRECT
L E S S T H A N OR
GREATER THAN

EQUAL

TO

TOTAL

74.7 .
25.3

LOANS

1
1

24.7
2.2

1
1

25.3
2.7

1
I

63.8
9.4

|
|

62.3
9.7

I
1

88.4
11.6

I
1

87.6
12.4

1

26.8

1

28.0

1

73.2

|

72.0

1

100.0

1

100.0

TOTAL
L E S S T H A N CR
GREATER THAN
TOTAL
NOTE:

EQUAL

TO

1
1

16.2
2.5

I
1

16.9
2.7

I
|

62.2
19.0

|
|

61.7
18.6

I
I

78.5
21.5

1
1

78.6
21.4

1

18.8

I

19.7

|

81.2

|

80.3

1

100.0

I

100.0

D I S T R I B U T I O N S A R E D E R I V E D F R O M R E P O R T S OF 1 0 9 B A N K S ,
R E P O R T E D D E A L E R COST R A T I O S AS W E L L A S M A T U R I T I E S .




7 0 OF W H I C H

B O A R D CF

GOVERNORS

OF

THE

FEDERAL RESERVE

SYSTEM
JANUARY

11,

1973

AUTO LOANS BY C O M M E R C I A L B A N K S
MATURITIES AND DEALER COST RATIOS

PER C E N T OF C O N T R A C T S
WITH MATURITIES OF:

NOVEMBER
1972

|
|
I

OCTOBER
1972

PURCHASED
2 4 M O N T H S OR L E S S
OVER 24 MONTHS

43.9
56.1

2 4 M O N T H S OR L E S S
OVER 24 MONTHS

55.5
44.5

I
|
I

MONTHS ENDING
NOVEMBER
1322 I
1971

PAPER

45.2
54.8
DIRECT

THREE

45.4
54.6

47.5
52.5

55.9
44.1

40.0

LOANS

54.6
45.4

60.0

PER CENT QF CONTRACTS WITH MATURITIES CF=

CONTRACT BALANCE
C O M P A R E D TO

24 MONTHS

J

DEALER COST

MONTHS
OR LESS
_L
NO*, I OCX. I NOV.
OCT.

TOTAL
_J
OCT.

L

PURCHASED PAPER
L E S S T H A N OR
GREATER THAN

EQUAL

TO

28.9
14.5

|
|

27.7
15.0

I
I
I
I

31.0
25.6
56.6

|
|
I
|

DIRECT
L E S S T H A N OR E Q U A L
GREATER THAN

TC

47.3
10.7
I

I
|

47.5
10.7

58.0

I
I
I
I

29.8
12.2
42.0

31.2
26.2
57.4

|
|
I
|

59.8
40.2

|
|
I
|

77.1
22.9

58.9
41.1

LOANS
|
|
I
|

30.1
11.6
41.8

100.0

77.6
22.4
I
|

100.0

TOTAL
L E S S THAN OR E Q U A L
GREATER THAN

TO




I

30.5

|

30.8

|

35.0
13.4

|

13.1
49.0

|

8.4

|

51.0

|

51.6

66.4
33.6
|

65.8
34.2

r

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