Full text of L.4.2 Auto Loans by Commercial Banks : Maturities and Dealer Cost Ratios : September 7, 1972

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U H

— T K O A R D

OF GOVERNORS OF THE FEDERAL R E S E R V E SYSTEM

L.4.

^

^

(|

September 7, 1972

DECONTROLLED AFTER SIX MONTHS

x,

A U T O LOANS BY COMMERCIAL BANKS
MATURITIES A N D DEALER COST RATIOS
NEW CARS

Three months
ending July
1972
1971

Per cent of contracts
with maturities of:
PURCHASED PAPER
30 months or less
Over 30 months

13.1.
86.9

|

12.7
87.3

|

|

13.0
87.0

I
|

N.A.
N.A.

25.9
74.1

I

N.A.
N.A.

DIRECT LOANS
30 months or less
Over 30 months

I

Contract balance
compared to
dealer cost

24.5
75.5

I

26.1
73.9

I

P6r cent of contracts with maturities of;
Over 30
30 months
months
July
July
July
PURCHASED PAPER
11.4
2.5

11.0
2.4

63.0
23.1

63.6
23.1

14.0

13.4

86.0

86.6

23.0
2.5

25.9
2.5

64.8
9.7

Total

25.5

28.3

74.5

Less than or equal to
Greater than

15.0
2.5

16.0
2.4

17.5

18.4

Less than or equal to
Greater than
Total

74.6
25.4

74.4 .
25.6
100.0

100.0

63.0
8.7

87.7
12.3

88.9
11.1

71.7

100.0

100.0

63.5
19.0

63.4
18.2

78.5
21.5

79.3
20.7

82.5

81.6

100.0

100.0

DIRECT LOANS
Less than or equal to
Greater than

TOTAL

Total
NOTE:

Distributions for July and June are derived from reports of 110 banks,
70 of which reported dealer cost ratios as well as maturities.




.

u*6

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
September 7, 1972

A U T O LOANS BY COMMERCIAL BANKS
MATURITIES A N D DEALER COST RATIOS
USED CARS

Per cent of contracts
with maturities of:

July
1972

Three months
? July
1972
|
I
1971

1972
PURCHASED PAPER

24 months or less
Over 24 months

I
[

44.8
55.2

1
1

24 months or less
Over 24 months

1
|

57.8
42.2

1
1

45.2
54.8

1
1

45.0
55.0

1
!
1

N.A.
N.A.

1
|

56.9
43.1-

I
1

N.A.
N.A.

DIRECT LOANS

Contract balance
compared to
dealer cost

56.6
43.4

Per cent of contracts with inaturities of:
24 months *
Over 24
Total
or less '
months
July
|
June
July
| June
July
| June
PURCHASED PAPER

Less than or equal to
Greater than
Total

28.9
15.0

30.4
15.3

30.7
25.3

30.2
24.1

59.7
40.3

60.6
39.4

43.9

45.7

56.1

54.3

100.0

100.0

DIRECT LOANS
Less than or equal to
Greater than
Total

48.3
10.5

47.5
9.8

29.7
11.6

31.1
11.6

77.9
22.1

78.5
21.5

58.8

57.3

41.2

42.7

100.0

100.0

TOTAL
Less than or equal to
Greater than
Total




36.0
13.4

36.5
13.3

30.3
20.3

30.5
19.7

66.3
33.7

67.0
33.0

49.4

49.8

50.6

50.2

100.0

100.0