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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
L.4.2

J u l y 14, 1972

AUTO LOANS BY COMMERCIAL BANKS
TURITIES AND DEALER COST RATIOS

May
1972

Per c e n t of c o n t r a c t s
with maturities of:
\
24 months o r l e s s
Over 24 months

Three months
e n d i n g May
1972 I 1971

April *
1972
PURCHASED PAPER

1
1

45.1 .
54.9

1
1

44.6
55.4

45.1
54.9

1 N.A.
[ N.A.

57.2
42.8

1 N.A.
1 N.A.

DIRECT LOANS
24 months or l e s s
Over 24 months

1
|

Contract balance
compared t o
dealer cost

56.4
43.6

1
|

58.1
41.9

1
I'

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 of
Over 24
24 months
Total
months
or l e s s
May
I
May I A p r .
May 1 A p r .

Apr.

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

29.2
15.3

29.7
14.1

30.7
24.7

32.0
24.2

59.9
40.0

61.7
38.3

78.6
21.4

76.3
23.8

56.2

43.8

DIRECT LOANS

Total

30.2
11.5

27.9
11.0

48.4
9.9

48.4
12.8

58.3

61.2

36 .0
13 .4

36 . 1
13 .6

o o

Less than or equal to
Greater than

.6
.0

30 .6
19,.6

66 .6
33 .4

66.7
33.2

49 .4

49 .7

50, .6

50, .2

100 .0

100.0

38.9
TOTAL

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




BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
J u l y 14, 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:

May
1972

Three months
e n d i n g May
1972 1
1971

April
1972
PURCHASED PAPER

30 months or l e s s
Over 30 months

J
|

13.2
86.8

1
1

30 months or l e s s
Over 30 months

I
]

27.1
72.9

1
1

$.6
86.4

1
|

13.4
86.6

1
1

N.A.
N.A.

1
1

26.7
73.3

|
|

N.A.
N.A.

DIRECT LOANS

Contract balance
compared to
dealer cost

30 months
or l e s s
May I A p r .

26.6
73.4

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
Total
months
May
|
Apr.
May | A p r .
PURCHASED PAPER

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

11.9
2.3

12.1
2.3

63.1
22.7

64.3
21.3

75.0
25.0

76.4
23.6

14.2

14.4

85.8

85.6

100.0

100.0

25.2
2.0

24.4
3.7

64.7
8.1

63.4
8.5

89.9
10.1

87.8
12.2

27.2

28.1

72.8

71.9

100.0

100.0

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

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

16.3
2.2

15.7
2.7

63.6
17.9

64.0
17.6

79.9
20.1

79.7
20.3

18.5

18.4

81.5

81.6

100.0

100.0

D i s t r i b u t i o n s f o r May and A p r i l a r e d e r i v e d from r e p o r t s of 109 b a n k s ,
68 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 a s w e l l a s m a t u r i t i e s .