IntelliChoice Announces September Gold Star Lease Winners
10 September 1998
IntelliChoice Announces September Gold Star Lease Winners
Business Editors & Automotive Writers CAMPBELL, Calif.--September 10, 1998--While you may never hit one "out of the park" like Mark McGwire, you can hit a financial home run when it comes to leasing thanks to IntelliChoice's Gold Star evaluations. Heading the list of automotive lease values for the third consecutive month is the 1999 Saab 9-3 5 door available at an effective net interest rate under three percent when all leasing costs are considered. These costs include lease term, monthly payment, down payment, end of lease purchase price, net capitalized cost, vehicle price, residual discount, fees and deposits, mileage penalty and maintenance discount. Every month, IntelliChoice announces the best deals (Gold Star Leases) across the U.S. for leased cars. Lease evaluations and reports are based upon information supplied by manufacturers and secured from nationally advertised lease offers. Each lease must meet two standards to receive designation as a Gold Star Lease recipient: it must be in the lowest 25th percentile of the lowest net interest rate of all evaluated leases; and the net interest rates must be at least two percentage points less than the average bank loan interest rate or average credit union loan interest rate, whichever is lower. This month, seven vehicles made the list. *T The September Gold Star Lease winners are: Ttl Net Ad Rate Term Up Front Expiration Availability Int. Rate Month Costs(a) Date Model 1999 Saab 9-3 5 Door 2.57% $299 39 $2,048 09.30.98 National 1999 Saab 9-3 Convertible 4.28% $429 39 $2,928 09.30.98 National 1998 Isuzu Trooper S 4.50% $299 48 $1,593 09.10.98 National 1998 Acura 3.0 CL 5.81% $299 39 $2,048 09.30.98 National 1998 Acura 3.5RL Special Edition 6.11% $499 39 $2,948 09.30.98 National 1998 Acura 2.3CL 6.53% $269 39 $1,993 09.30.98 National 1998 BMW 528I 6.85% $458 36 $3,458 09.30.98 San Francisco Bay Area (a) Does not include tax, license or registration. Totals may be higher in some areas. Please see Gold Star Lease Evaluation for details. Founded in 1986, IntelliChoice is the only company that develops and distributes consumer automobile ownership and leasing cost data. Gold Star Lease evaluations and AutoLease evaluations are available at no charge in an easy-to-read format on the IntelliChoice web site (www.intellichoice.com). Ownership information can be found in the annual editions of The Complete Car Cost Guide and The Complete Small Truck Cost Guide and are available (at a suggested retail price of $49 each, plus shipping and handling) by calling 1-800-CARBOOK (227-2665). IntelliChoice also publishes Just the Facts reports which are new and used vehicle purchasing summaries available on paper or at IntelliChoice's web site. IntelliChoice is a Primedia company.