Auto Loans: Terms of Credit (Percent except as noted; not seasonally adjusted)

	New Car Loans				Used car loans
Date	Interest rate	Maturity (months)	Loan-to-value ratio	Amount financed (dollars)	Interest rate	Maturity (months)	Loan-to-value ratio	Amount financed (dollars)
Jun 85	12.06	51.30	91.00	9965.00	17.77	41.30	94.00	6116.00
Jul 85	12.46	51.70	91.00	10355.00	17.49	41.50	95.00	6146.00
Aug 85	10.87	51.10	91.00	10422.00	17.57	41.60	95.00	6139.00
Sep 85	8.84	51.20	92.00	10449.00	17.31	41.40	95.00	6097.00
Oct 85	9.97	51.50	93.00	10498.00	17.21	41.40	95.00	6091.00
Nov 85	11.71	52.00	92.00	10205.00	17.28	41.50	95.00	6167.00
Dec 85	12.52	52.10	92.00	9925.00	17.22	41.40	95.00	6255.00
Jan 86	9.99	51.20	92.00	10064.00	16.60	42.80	95.00	6165.00
Feb 86	9.70	51.30	92.00	10074.00	16.74	42.50	95.00	6194.00
Mar 86	10.51	51.00	90.00	10306.00	16.63	42.40	95.00	6207.00
Apr 86	10.55	50.60	89.00	10402.00	16.67	42.50	96.00	6281.00
May 86	9.49	49.40	89.00	10521.00	16.56	42.50	97.00	6393.00
Jun 86	9.35	49.50	89.00	10608.00	16.06	42.70	97.00	6611.00
Jul 86	9.31	49.90	89.00	10748.00	15.83	42.80	97.00	6614.00
Aug 86	9.29	50.40	90.00	10756.00	15.56	42.90	97.00	6569.00
Sep 86	5.40	44.50	92.00	11162.00	15.23	42.50	98.00	6763.00
Oct 86	6.12	45.30	92.00	11340.00	15.17	42.20	97.00	6746.00
Nov 86	11.83	53.40	93.00	11160.00	15.20	42.60	97.00	6946.00
Dec 86	11.71	53.30	93.00	10835.00	15.12	42.70	98.00	7168.00
Jan 87	11.65	53.80	94.00	10902.00	14.62	44.80	98.00	7067.00
Feb 87	10.78	53.60	94.00	10602.00	14.56	44.70	99.00	7075.00
Mar 87	10.59	53.70	94.00	10641.00	14.40	44.90	99.00	7145.00
Apr 87	10.81	54.30	94.00	10946.00	14.49	45.00	98.00	7234.00
May 87	10.69	53.50	93.00	11176.00	14.45	45.20	98.00	7373.00
Jun 87	10.64	53.60	93.00	11214.00	14.47	45.40	98.00	7479.00
Jul 87	10.52	53.40	93.00	11267.00	14.53	45.50	98.00	7527.00
Aug 87	9.63	52.10	93.00	11374.00	14.53	45.40	98.00	7763.00
Sep 87	8.71	50.70	93.00	11455.00	14.58	45.20	98.00	7476.00
Oct 87	10.31	52.80	93.00	11585.00	14.76	45.20	99.00	7537.00
Nov 87	12.24	55.40	94.00	11630.00	14.90	45.30	99.00	7646.00
Dec 87	12.23	55.50	93.00	11645.00	14.97	45.30	99.00	7718.00
Jan 88	12.19	55.50	93.00	11534.00	14.56	47.20	98.00	7612.00
Feb 88	12.26	55.90	94.00	11447.00	14.75	46.80	99.00	7619.00
Mar 88	12.24	56.00	94.00	11493.00	14.77	46.90	98.00	7587.00
Apr 88	12.29	56.20	94.00	11553.00	14.82	46.90	98.00	7662.00
May 88	12.29	56.20	94.00	11624.00	14.81	46.90	99.00	7778.00
Jun 88	12.32	56.30	94.00	11626.00	14.83	46.90	99.00	7899.00
Jul 88	12.44	56.40	94.00	11663.00	14.99	46.80	99.00	7947.00
Aug 88	12.64	56.50	94.00	11593.00	15.16	46.80	98.00	7918.00
Sep 88	12.93	56.30	94.00	11530.00	15.46	46.50	98.00	7903.00
Oct 88	13.10	56.30	94.00	11845.00	15.67	46.30	99.00	7944.00
Nov 88	13.20	56.20	94.00	11975.00	15.75	46.20	98.00	7991.00
Dec 88	13.25	56.30	94.00	12068.00	15.80	46.00	98.00	8022.00
Jan 89	13.27	56.20	94.00	11956.00	15.57	47.80	97.00	8006.00
Feb 89	13.07	55.70	92.00	11819.00	15.90	47.40	98.00	8022.00
Mar 89	13.07	55.40	92.00	11867.00	16.12	47.10	97.00	7958.00
Apr 89	12.10	53.40	91.00	11886.00	16.39	47.80	97.00	7855.00
May 89	11.80	52.70	91.00	11973.00	16.45	46.60	97.00	7908.00
Jun 89	11.96	53.00	91.00	12065.00	16.45	46.50	97.00	7921.00
Jul 89	11.94	52.90	91.00	12108.00	16.37	46.40	97.00	7988.00
Aug 89	12.22	52.90	90.00	11949.00	16.31	46.20	96.00	7874.00
Sep 89	12.42	53.10	88.00	11841.00	16.22	46.20	96.00	7856.00
Oct 89	13.04	54.40	88.00	11965.00	16.17	45.80	96.00	7904.00
Nov 89	13.27	55.10	89.00	12279.00	16.09	45.60	96.00	8063.00
Dec 89	13.27	55.10	89.00	12301.00	16.10	45.50	96.00	8096.00
Jan 90	12.64	54.70	89.00	12381.00	15.77	45.50	95.00	8040.00
Feb 90	12.67	54.70	88.00	12053.00	15.91	46.40	96.00	8065.00
Mar 90	12.31	54.30	88.00	12216.00	15.97	46.40	95.00	8132.00
Apr 90	12.21	54.20	87.00	12089.00	16.02	46.50	96.00	8105.00
May 90	12.23	54.50	87.00	12064.00	16.03	46.10	96.00	8169.00
Jun 90	12.58	54.80	87.00	12108.00	16.00	46.20	95.00	8296.00
Jul 90	12.68	54.90	86.00	12125.00	15.96	46.20	96.00	8401.00
Aug 90	12.62	54.80	86.00	11939.00	15.98	46.20	96.00	8415.00
Sep 90	12.34	54.30	85.00	11837.00	16.03	46.10	95.00	8403.00
Oct 90	12.57	54.60	85.00	11917.00	16.12	45.10	95.00	8423.00
Nov 90	12.74	54.60	85.00	11986.00	16.07	46.00	95.00	8494.00
Dec 90	12.86	54.70	85.00	12140.00	16.04	45.80	94.00	8530.00
Jan 91	12.99	54.90	88.00	12229.00	15.70	47.40	96.00	8600.00
Feb 91	13.16	55.20	88.00	12081.00	15.90	47.10	96.00	8605.00
Mar 91	13.14	55.20	87.00	12121.00	15.82	47.20	97.00	8763.00
Apr 91	13.14	55.40	87.00	11993.00	15.82	47.30	97.00	8751.00
May 91	12.95	55.40	87.00	12204.00	15.85	47.30	96.00	8873.00
Jun 91	12.77	55.50	88.00	12343.00	15.74	47.30	97.00	8916.00
Jul 91	12.55	55.50	88.00	12572.00	15.66	47.40	96.00	8989.00
Aug 91	12.40	55.40	88.00	12518.00	15.63	47.20	97.00	8902.00
Sep 91	12.38	55.40	87.00	12460.00	15.60	47.20	96.00	8996.00
Oct 91	12.23	55.40	88.00	12684.00	15.46	47.00	97.00	9077.00
Nov 91	10.79	54.10	88.00	13245.00	15.06	47.00	96.00	9029.00
Dec 91	10.41	53.70	88.00	13476.00	14.90	46.90	93.00	9105.00
Jan 92	10.04	53.50	89.00	13135.00	14.34	48.40	97.00	9007.00
Feb 92	10.19	53.80	89.00	13340.00	14.00	48.00	97.00	8912.00
Mar 92	10.92	54.30	89.00	13137.00	14.19	48.00	97.00	8908.00
Apr 92	10.84	54.50	89.00	13208.00	14.14	47.80	97.00	8905.00
May 92	10.67	54.70	89.00	13373.00	14.01	47.90	97.00	9247.00
Jun 92	10.24	54.40	89.00	13369.00	13.89	48.00	97.00	9201.00
Jul 92	9.94	54.40	89.00	13570.00	13.67	48.00	97.00	9293.00
Aug 92	8.88	53.60	90.00	13745.00	13.49	47.90	97.00	9238.00
Sep 92	8.65	53.30	90.00	13889.00	13.44	47.70	97.00	8402.00
Oct 92	9.51	54.10	89.00	13885.00	13.37	47.90	97.00	9373.00
Nov 92	9.65	54.10	89.00	14043.00	13.37	47.80	97.00	9475.00
Dec 92	9.65	53.60	90.00	14315.00	13.66	47.70	97.00	9464.00
Jan 93	10.21	54.16	90.41	13974.73	13.55	49.80	97.04	9471.55
Feb 93	10.33	54.51	91.00	13849.39	13.75	49.46	97.52	9456.77
Mar 93	10.05	54.77	90.41	14013.34	13.20	49.82	97.99	9640.87
Apr 93	9.74	54.79	90.37	14020.79	12.71	49.90	97.89	9730.73
May 93	9.66	54.77	91.00	14145.86	12.55	49.95	98.21	9828.79
Jun 93	9.62	54.97	91.18	14296.39	12.44	50.10	98.42	9911.86
Jul 93	9.52	55.09	91.44	14430.42	12.30	50.36	98.20	9995.84
Aug 93	9.32	55.08	91.00	14323.56	12.27	50.38	98.52	10103.72
Sep 93	9.29	54.93	90.57	14347.68	12.31	50.17	98.31	9808.33
Oct 93	9.31	55.12	90.09	14649.76	12.26	49.92	98.17	9969.05
Nov 93	9.00	54.69	90.56	14839.37	11.97	50.54	97.33	10230.21
Dec 93	8.91	54.39	90.35	15097.16	11.81	50.76	97.95	10349.38
Jan 94	7.73	53.27	91.14	15330.33	11.87	50.96	98.33	10434.21
Feb 94	9.01	54.79	91.46	14903.64	12.16	50.94	98.63	10449.32
Mar 94	9.19	54.58	91.63	14821.32	12.49	50.79	98.89	10426.99
Apr 94	9.74	54.62	92.22	15066.81	12.92	50.66	98.69	10477.48
May 94	9.91	54.57	92.84	15193.61	13.12	51.16	98.82	10605.63
Jun 94	9.97	54.31	93.60	15180.42	13.42	50.83	99.65	10655.66
Jul 94	10.12	54.83	93.23	15318.68	13.51	51.08	99.81	10735.28
Aug 94	10.24	54.91	93.43	15283.21	13.56	51.12	99.88	10755.32
Sep 94	9.89	54.66	93.21	15418.82	13.64	51.39	100.03	10905.63
Oct 94	10.20	55.09	91.79	15826.93	13.43	52.39	99.50	10553.60
Nov 94	10.32	54.80	92.90	15970.71	13.73	52.08	99.81	11201.92
Dec 94	10.46	54.08	92.47	16186.86	13.94	52.41	99.43	11309.37
Jan 95	11.21	54.32	92.24	16067.59	14.40	52.16	98.81	11185.05
Feb 95	11.66	54.73	92.34	15773.50	14.80	52.26	99.47	11181.41
Mar 95	11.79	55.17	92.06	15826.00	14.89	52.50	99.43	11220.41
Apr 95	11.77	55.12	92.24	16028.98	14.87	52.67	99.75	11504.64
May 95	11.49	55.00	92.22	16155.26	14.63	52.84	99.45	11395.90
Jun 95	11.00	54.33	92.06	16083.12	14.43	53.03	99.50	11518.05
Jul 95	10.93	54.64	91.64	16085.80	14.10	53.16	99.63	11636.97
Aug 95	10.77	54.25	92.41	16055.82	13.93	53.11	99.38	11661.85
Sep 95	10.72	54.11	92.06	16402.18	13.80	53.17	99.73	11724.83
Oct 95	10.77	55.00	91.58	16430.23	13.70	53.30	99.16	11882.78
Nov 95	10.67	54.74	91.82	16583.26	13.57	53.48	98.86	12012.40
Dec 95	10.51	54.04	91.82	17034.06	13.45	53.51	98.75	12151.80
Jan 96	9.81	52.77	91.57	16697.68	13.33	52.78	98.87	12059.29
Feb 96	9.75	53.31	91.20	16627.01	13.38	52.67	98.21	11990.31
Mar 96	9.70	52.91	91.22	16520.20	13.28	52.72	98.28	11933.96
Apr 96	9.59	52.80	91.22	16604.92	13.26	52.75	98.75	12024.19
May 96	9.41	52.46	90.79	16686.02	13.41	52.86	99.36	12233.06
Jun 96	9.55	52.18	91.17	16854.37	13.54	52.95	100.18	12248.53
Jul 96	9.91	52.47	91.15	16925.86	13.69	53.04	100.43	12242.02
Aug 96	10.61	53.27	91.56	16927.12	13.89	52.82	100.40	12132.25
Sep 96	10.58	53.25	90.58	17182.38	13.81	52.86	100.15	12107.99
Oct 96	10.42	53.92	89.00	17435.03	13.61	53.14	100.31	12326.04
Nov 96	10.33	53.95	89.52	17719.44	13.39	53.27	101.40	12393.17
Dec 96	9.25	53.60	90.00	17669.58	13.21	53.40	99.05	12492.38
Jan 97	7.50	55.49	91.91	17089.66	13.28	53.27	98.87	12362.26
Feb 97	8.13	54.96	91.61	16836.54	13.49	53.27	98.56	12202.11
Mar 97	8.78	54.10	90.12	17198.14	13.54	53.28	98.80	12194.42
Apr 97	8.99	53.94	91.12	17620.28	13.67	53.26	98.92	12194.81
May 97	7.81	54.33	93.20	18059.91	13.77	53.47	99.30	12261.20
Jun 97	7.38	54.52	93.47	18171.28	13.90	53.56	98.83	12239.05
Jul 97	6.90	55.12	93.50	18280.74	13.80	53.68	99.07	12306.60
Aug 97	6.25	55.61	93.35	18328.59	13.66	53.56	98.63	12204.37
Sep 97	6.50	55.55	92.85	18520.35	13.58	53.36	99.31	12190.11
Oct 97	7.55	54.59	92.02	18779.46	13.41	53.42	100.48	12287.18
Nov 97	7.08	53.74	91.21	18923.47	13.31	53.48	98.32	12388.60
Dec 97	6.06	53.56	91.68	19120.94	13.21	53.69	98.74	12546.71
Jan 98	6.11	52.73	91.74	18943.58	13.31	53.20	98.11	12391.25
Feb 98	6.81	52.49	91.98	18824.52	13.37	53.23	97.29	12356.32
Mar 98	6.92	52.64	91.77	18931.94	13.10	53.90	97.25	12430.81
Apr 98	6.68	51.84	90.78	18921.61	12.97	54.36	97.72	12716.13
May 98	6.41	52.18	92.54	18793.27	12.97	54.11	99.20	12606.65
Jun 98	6.27	52.31	91.01	18878.12	12.91	54.41	99.49	12697.89
Jul 98	6.29	53.02	91.98	19084.32	12.68	54.59	100.21	12733.04
Aug 98	6.03	53.80	93.00	19068.43	12.90	54.53	100.58	12406.75
Sep 98	5.66	53.73	92.72	19028.16	12.88	54.62	100.74	12730.88
Oct 98	5.88	53.71	92.45	19198.59	12.77	54.86	100.09	12913.74
Nov 98	6.65	53.69	91.34	19589.56	12.46	55.25	100.12	13111.77
Dec 98	6.56	53.18	90.95	19733.91	12.28	55.40	99.35	13201.50
Jan 99	6.36	53.09	91.88	19627.57