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IntelliChoice Announces April Gold Star Lease Winners

15 April 1999

IntelliChoice Announces April Gold Star Lease Winners

    CAMPBELL, Calif.--April 15, 1999--Although the calendar says it's spring, wintry weather has kept many consumers away from auto dealers. To give consumers a reason to get out of the weather and into a dealership, manufacturers are offering effective lease rates that are as low as 3.12%, helping make April an ideal time to lease a new car.
    Heading IntelliChoice's list of the best automotive lease values for the tenth consecutive month is a 1999 Saab 9-3, but this month the convertible model has the lowest effective net interest rate. The rate is under 3 1/2 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 and trucks. 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, eight vehicles made the list.
    The April Gold Star Lease winners are:

Model    Ttl Net Ad Rate Term  UpFront Costs/a Expiration Availability
          Int     Month                           Date
          Rate    
1999 Saab
9-3
Convertible 3.12%  $419    30      $2,893      04.30.99   National
1999 Saab
9-3
5 Door      3.82%  $319    36      $2,093      04.30.99   National
1999 Saab
9-5 SE V6   4.69%  $459    36      $2,383      04.30.99   National
1999 Isuzu
Trooper S   5.35%  $309    48      $  804      04.30.99   National
1999 Isuzu
Rodeo S     7.19%  $209    48      $  954      04.30.99   National
1999 Nissan
Pathfinder
XE 4WD      7.24%  $299    36      $1,999      04.30.99   National
1999 
Chrysler 
LHS         7.31%  $399    36      $2,299      07.07.99   National
1999 Acura
Integra GS
Sedan       7.93%  $259    36      $1,983      05.31.99  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.