The IBM 1302 Disk Storage Unit was introduced in September 1963. Improved recording quadrupled its capacity over that of the 1301, to 117 million 6-bit characters per module. Average access time was 165 ms and data could be transferred at 180 K characters/second, more than double the speed of the 1301. A second arm accessed a separate group of 250 tracks. As with the 1301, there was a Model 2 with twice the capacity. The IBM 1302 Model 1 leased for $5,600 per month or could be purchased for $252,000. Prices for the Model 2 were $7,900 per month or $355,500 to purchase. The IBM 7631 controller cost an additional $1,185 per month or $56,000 to purchase. The 1302 was withdrawn in February 1965.