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•B^A|D

OF

GOVERNORS O F THE

FEDERAL

RESERVE

SYSTEM
SEPTEMBER

B W f W T R O L L E D AFTER S i x MOUTHS
DECOHltiUi^

1973

AUTO LOANS BY COMMERCIAL BANKS
M A T U R I T I E S AND DEALER C O S T R A T I O S

PER CENT C F C O N T R A C T S
WITH M A T U R I T I E S O F :

JULY
1973

JUNE
1973

THREE
—1212

PURCHASED
%
|

11,

3 0 MONTHS OR L E S S
OVER 3 0 MONTHS

11.3
68.7

3 0 MONTHS OR L E S S
O V E R 3 0 MONTHS

23.3
76.7

I
I

CONTRACT BALANCE
COMPARED TO
DEALER COST

PAPER

12.6
87.4
DIRECT

MONTHS E N D I N G
JUL*
I
1212

12.0
88.0

13.0
87.0

24.4
75.6

25.9
74.1

LOANS

24.9
75.1

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 O F :
3 0 MONTHS
OVER 3 0
MONTHS
QR L E S S
TOTAL
JULY
I
JUNE
I
J W t
L_
JULY
PURCHASED PAPER

L E S S THAN OR
G R E A T E R THAN

EQUAL

TO

11.0
2.6

9.5

2.0
I

11.5

|

13.5

1
I
I
|

62.5
26.0

|
|
I
I

.5
UlRECT

|

L E S S THAN OR EQUAL
G R E A T E R THAN

J

To

I
i

23.4
2.3

21.3

2.1

61.8
24.7
86.5

66.1
10.5

14.9
2.5

I
I

63.5
21.4

|
|

62.7
19.9

17.4

|

64.9

|

82.6

76.6

72. C

72.6
27.2

28.0

100.0

|

100.0

LOANS

I
I
I
|

TOTAL

|
|
I
|

|
|
I
|

64.6
9.5

|
|
I
|

74.4

88.2

67.4

12.6

100.0

11.8
I

100.0

TOTAL
13.1

L E S S THAN OR EQUAL
G R E A T E R THAN

2.0

I
NLTfc:

15.1

|

D I S T R I B U T I O N S ARL U c R l V E O F R u M R E P O R T S O F 1 0 6 B A N K S ,
R E P O R T L O D E A L E R COST R A T I O S AS rffcLL AS M A T U R I T I E S .




|
|
I
I
69

77.7
22.3

76.6
23.4
100.0
O F WHICH

|

100.G

c * \

BOARD C P GOVERNORS OF THE F E D E R A L

RESERVE

SYSTEM
SEPTEMBER

11,

1973

AUTO LOANS BY COMMERCIAL BANKS
M A T U R I T I E S AND DEALER C O S T R A T I O S
U S E D CARS

PER CENT OF CONTRACTS
WITH M A T U R I T I E S O F :

JULY
1973

|
|

JUNE
1973

I

|
|

I

THREE

L2Z2

MONTHS E N D I N G
JULY

I

1972

PURCHASED PAPER
2 4 MONTHS OR L E S S
UVER 2 4 MONTHS

41.0
59.0

2 4 MONTHS OR L E S S
OVER 2 4 MONTHS

55.1
44.9

41.0
59.0
DIRECT

CONTRACT BALANCE
COMPARED TO

24

I

DEALER LCST

41.4
56.6

45.0
55.0

55.1
44.9

56.9
43.1

LOANS

55.2
44.8

PER GENT CF CONTRACTS WITH MATURITIES C F :

MONTHS

OVER 2 4

QR LESS
JULY I JtiHE

I

MONTHS
JUL*—I—JUNE

TOTAL

PURCHASED PAPER
L E S S THAN OR
G R E A T E R THAN

fctiUAL

TO

27.2
13.5

27.0
12.9
39.9

33.0
27.1

32.2
27.2
|

59.3

|

DIRECT
L E S S THAN £JR EQUAL
G R E A T c R THAN

TCi

46. 0

10.0

45.4
9.9

60.0

59.3
40.7

40.0

77.4

77.9

60.1
LOANS
32.5

31.5

12.6

I

12.2

44.1

|

44.7

22.6
I

100.0

22.1
|

100.0

TOTAL
L E S S THAN OR
G R E A T E R THAN

EQUAL

TO




33.7
12.3

33.5
lit.9
45.4

31.9

32.8

54.0

54.6

22.1
|

66.3
33.7

65.6
34.4

21.8
|

100.0

|

100.0