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.
