Federal Reserve Statistical Release, G.20, Finance Companies; title with eagle logo links to Statistical Release home page
Release Date: November 29, 2005
Release dates | Historical data
Current release  Other formats:  Screen reader | ASCII | PDF (17 KB)
G.20                                                      FINANCE COMPANIES 1                                     For immediate release
                                                            September 2005                                                November 2005

OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
Seasonally adjusted
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                                                                             2004                            2005
                                                                        _______________ _______________________________________________

                                 2000    2001    2002    2003   2004 r   Q3 r    Q4 r    Q1 r    Q2 r    Q3 p    Jul r   Aug r   Sep p
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Percent change at annual rate 3
     Total                        15.8     4.6     1.8     4.1     6.1     6.6     8.2     3.9     1.9     2.0     1.1     5.6    -0.6
       Consumer                   15.3     9.2     0.8     4.5     4.7     8.7     1.6     6.2     2.8    -1.0    -3.0    -1.1     1.1
       Real estate                14.3     4.1     1.7     8.9    16.9     9.9    30.7    15.4     2.9     0.6     7.3    16.0   -21.2
       Business                   16.8     0.5     2.9     1.9     3.2     3.2     4.9    -3.9     0.6     5.9     2.3     7.2     8.1

Amount: billions of dollars
     Total                      1194.0  1248.5  1271.6  1323.8  1405.2  1377.0  1405.2  1418.8  1425.7  1432.9  1427.0  1433.6  1432.9
       Consumer                  472.1   515.5   519.8   543.3   568.6   566.3   568.6   577.5   581.5   580.0   580.0   579.5   580.0
       Real estate               198.7   206.9   210.5   229.2   267.8   248.7   267.8   278.1   280.1   280.5   281.8   285.6   280.5
       Business                  523.2   526.0   541.3   551.4   568.8   561.9   568.8   563.2   564.1   572.4   565.2   568.6   572.4
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AUTO LOANS: TERMS OF CREDIT 4
Percent except as noted: not seasonally adjusted
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  New car loans
     Interest rates               6.61    5.65    4.29    3.40    4.36    5.54    5.01    4.86    5.18    5.80    5.71    5.80    5.89
     Maturity (months)            54.9    55.1    56.8    61.4    60.5    60.9    61.3    59.3    59.5    60.2    60.4    60.1    60.2
     Loan-to-value ratio            92      91      94      95      89      85      84      86      88      88      89      88      88
     Amount financed (dollars)  20,923  22,822  24,747  26,295  24,888  23,179  24,376  24,116  23,477  24,575  25,086  25,059  23,579

  Used car loans
     Interest rates              13.55   12.18   10.74    9.72    8.96    8.93    8.87    9.23    9.23    8.78    8.55    8.72    9.06
     Maturity (months)            57.0    57.5    57.5    57.5    56.8    57.1    56.9    57.8    57.6    57.5    57.5    57.6    57.4
     Loan-to-value ratio            99     100     100     100     100     100      98      98      98      98      97      97      99
     Amount financed (dollars)  14,058  14,416  14,532  14,613  15,136  15,350  15,714  15,507  16,026  16,371  16,509  16,383  16,220

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  1.  Includes finance company subsidiaries of bank holding companies but not of retailers and banks.
  2.  Owned receivables are those carried on the balance sheet of the institution.  Managed receivables are outstanding balances of
  pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator.
  Data are shown before deductions for unearned income and losses.  Components may not add to totals because of rounding.
  3.  The series may contain breaks that result from discontinuities in source data. Growth rates are adjusted to exclude the effect
  of such breaks.
  4.  Data are from the subsidiaries of the three major U.S. automobile manufacturers and are volume-weighted averages covering all
  loans of each type purchased during the month.





OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
(Billions of dollars)
Not seasonally adjusted
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                                                                                   2004                            2005
                                                                              _______________ _______________________________________________

                                       2000    2001    2002    2003   2004 r   Q3 r    Q4 r    Q1 r    Q2 r    Q3 p    Jul r   Aug r   Sep p
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  Total                               1199.8  1254.7  1277.5  1330.2  1411.8  1373.8  1411.8  1414.3  1428.6  1429.9  1422.2  1428.7  1429.9

    Consumer                           475.9   519.7   523.9   547.7   573.3   568.0   573.3   573.3   578.6   581.7   578.4   579.4   581.7
      Motor vehicle loans              141.6   173.9   160.2   197.0   230.0   223.9   230.0   219.5   208.2   203.0   203.0   202.7   203.0
      Motor vehicle leases             108.2   103.5    83.3    70.0    62.5    62.9    62.5    63.7    67.3    68.8    68.1    68.6    68.8
      Revolving 5                       37.6    31.5    38.9    37.6    40.5    45.4    40.5    41.6    44.5    45.8    45.5    45.3    45.8
      Other 6                           41.3    32.7    38.7    60.9    96.3    83.3    96.3    99.7   102.9   112.6   106.1   109.3   112.6
      Securitized assets 7
        Motor vehicle loans             97.1   131.9   151.9   132.8   109.9   113.5   109.9   117.0   125.9   122.9   126.9   125.6   122.9
        Motor vehicle leases             6.6     6.8     5.7     5.5     4.8     5.0     4.8     4.6     4.5     4.3     4.4     4.4     4.3
        Revolving                       27.5    25.0    31.1    31.6    19.3    24.0    19.3    18.0    16.9    15.8    16.1    15.4    15.8
        Other                           16.0    14.3    14.0    12.2     9.8    10.1     9.8     9.1     8.5     8.5     8.3     8.1     8.5

    Real estate                        198.9   207.1   210.6   229.4   268.2   250.1   268.2   271.3   277.9   282.1   283.6   289.2   282.1
      One-to-four family               130.6   120.1   135.0   152.2   190.1   176.2   190.1   194.5   199.7   210.6   206.1   212.0   210.6
      Other                             41.7    41.2    39.5    46.7    52.7    48.3    52.7    52.3    52.0    48.2    51.6    51.5    48.2
      Securitized assets 7
        One-to-four family              24.7    40.1    33.0    26.7    21.8    22.9    21.8    21.1    20.3    19.6    20.1    19.8    19.6
        Other                            1.9     5.7     3.2     3.8     3.5     2.7     3.5     3.5     5.9     3.7     5.9     5.9     3.7

    Business                           525.0   527.9   543.0   553.1   570.4   555.8   570.4   569.7   572.1   566.1   560.2   560.1   566.1
      Motor vehicles                    75.5    54.0    60.7    74.9    91.6    84.1    91.6    91.9    99.1    88.3    88.9    88.1    88.3
        Retail loans                    18.3    16.1    15.4    18.2    18.4    19.7    18.4    21.5    21.9    21.6    22.0    21.8    21.6
        Wholesale loans 8               39.7    20.3    29.3    40.3    46.2    38.1    46.2    42.8    48.1    37.4    37.7    37.1    37.4
        Leases                          17.6    17.6    16.0    16.3    27.0    26.2    27.0    27.5    29.2    29.3    29.3    29.2    29.3
      Equipment                        283.5   289.4   292.1   277.6   264.8   260.9   264.8   260.8   264.5   266.3   265.0   266.3   266.3
        Loans                           70.2    77.8    83.3    74.6    70.6    68.6    70.6    69.6    70.0    70.4    70.8    70.6    70.4
        Leases                         213.3   211.6   208.8   203.1   194.3   192.3   194.3   191.2   194.5   195.9   194.2   195.7   195.9
      Other business receivables 9      99.4   103.5   102.5   105.0   115.3   111.4   115.3   116.5   114.5   119.9   116.3   118.5   119.9
      Securitized assets 7
        Motor vehicles                  37.8    50.1    50.2    48.4    44.8    48.4    44.8    48.8    43.2    39.9    39.5    36.9    39.9
          Retail loans                   3.2     5.1     2.4     2.2     2.2     2.2     2.2     2.2     2.8     2.7     2.8     2.8     2.7
          Wholesale loans               32.5    42.5    45.9    44.2    40.6    44.2    40.6    44.6    40.2    37.0    36.6    34.0    37.0
          Leases                         2.2     2.5     1.9     2.1     2.0     2.1     2.0     2.0     0.1     0.1     0.1     0.1     0.1
        Equipment                       23.1    23.2    20.2    22.1    23.6    24.2    23.6    21.6    23.4    23.8    23.0    22.9    23.8
          Loans                         15.5    16.4    13.0    12.5    11.5    11.7    11.5     9.9    11.7    12.4    11.4    11.3    12.4
          Leases                         7.6     6.8     7.2     9.6    12.1    12.5    12.1    11.7    11.6    11.4    11.6    11.6    11.4
        Other business receivables 9     5.6     7.7    17.4    25.1    30.2    26.8    30.2    30.2    27.5    27.9    27.5    27.4    27.9
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    5.  Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies.
    6.  Includes student loans, personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as
   appliances, apparel, boats, and recreation vehicles.
    7.  Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
   the loan originator.
    8.  Credit arising from transactions between manufacturers and dealers, that is, floor plan financing.
    9.  Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used
   primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles, and travel trailers.
    r=revised.  p=preliminary.
Release dates | Historical data
Current release  Other formats:  Screen reader | ASCII | PDF (17 KB)

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