IntelliChoice Announces January Gold Star Lease Winners
12 January 1999
IntelliChoice Announces January Gold Star Lease Winners
CAMPBELL, Calif.--Jan. 12, 1999--With cold weather keeping crowds down at dealerships, it's more difficult for dealers to meet their sales goals. That makes this new year an ideal time to lease a new car, and to make leasing easier, manufacturers are providing excellent values for consumers.
Heading IntelliChoice's list of the best automotive lease values for the seventh consecutive month is the 1999 Saab 9-3 5 Door available at an effective net interest rate under 2-1/4 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 rates 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, six vehicles made the list.
The January Gold Star Lease winners are:
Model Ttl Net Ad Rate Term Up Front Expiration
Int. Rate Month Costs/a Date Availability
1999 Saab
9-3 5 Door 2.17% $299 39 $2,048 01.31.99 National
1999 Saturn SL 5.40% $149 39 $ 995 03.31.99 National
1998 Saab 9-5 6.36% $399 39 $1,249 01.31.99 National
1999 Saturn SL1 6.39% $179 39 $1,195 03.31.99 National
1999 Chrysler
LHS 6.41% $399 36 $2,299 04.05.99 National
1999 Saturn SW1 6.43% $189 39 $ 995 03.31.99 National
(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(tm) reports which are new and used vehicle purchasing summaries available on paper or at IntelliChoice's web site. IntelliChoice is a Primedia company.
