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Future Car Market Overview – SMR January 2019

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Welcome to our re-named overview, previously known as the ‘gold book SMR editorial’. The content and layout has not changed, but any customer suggestions for improvement would be appreciated: e-mail andrew.mee@cap-hpi.com

Following our acquisition of Derwent Management Services in 2014, cap hpi Ludlow (Derwent) data has been used to populate our SMR budget forecast product since October 2014, but there have been no technical changes to any of our data files or services. 

As we expected, the new data represented a considerable improvement in terms of vehicle coverage compared to our previous external supplier, with more than 4,200 additional cars and LCVs being valued at implementation. Overall Car coverage is 97.7%, with many of the vehicles valued in gold book for the first time also included in the SMR data.

The new budgets are based on our market leading Burn Rate data and incorporate the latest probability distributions for all elements, based on real world costs. In our opinion, it reflects a much more realistic representation of the likely future SMR expenditure than we were able to display in the past.

For any further detailed questions, please e-mail smr@cap-hpi.com and we will respond as a matter of urgency.

New Ranges

Vehicles from the following new ranges have been included in SMR product for the first time in this month’s publication of SMR budget forecasts:

Range

BMW Z4 ROADSTER SPECIAL EDITIONS 2019

LAND ROVER RANGE ROVER EVOQUE DIESEL HATCHBACK 2019

LAND ROVER RANGE ROVER EVOQUE HATCHBACK 2019

MERCEDES-BENZ B CLASS DIESEL HATCHBACK 2019

MERCEDES-BENZ B CLASS HATCHBACK 2019

MITSUBISHI OUTLANDER ESTATE SPECIAL EDITIONS 2019

PORSCHE 911 [992] CARRERA 4 COUPE 2019

PORSCHE 911 [992] CARRERA COUPE 2019

RENAULT KADJAR DIESEL HATCHBACK 2019

RENAULT KADJAR HATCHBACK 2019

SUZUKI JIMNY ESTATE 2019

SUZUKI SWIFT HATCHBACK SPECIAL EDITIONS 2019


Budget Changes

The overall average budget change at 36/60 is -£19

The following models see the largest changes (more than +/- 25%):

CAPID

Description

Change

Reason

87230

Audi Q2 Diesel Estate 35 TDI Quattro 150 Black Ed 5dr S Tronic [Tech pack] 19

-26.5%

Tyre wear rate updates

87229

Audi Q2 Diesel Estate 35 TDI Quattro 150 Black Edition 5dr S Tronic 19

-26.5%

Tyre wear rate updates

87079

BMW 3 Series Diesel Saloon 320d 190 Sport 4dr Step Auto 19

-35.1%

Tyre price update

87076

BMW 3 Series Diesel Saloon 320d 190 Sport 4dr 19

-37.5%

Tyre price update

87082

BMW 3 Series Diesel Saloon 320d xDrive 190 Sport 4dr Step Auto 19

-35.5%

Tyre price update

87073

BMW 3 Series Saloon 330i 258 Sport 4dr Step Auto 19

-32.7%

Tyre price update

87234

BMW X2 Diesel Hatchback xDrive 18d 150 M Sport X 5dr Step Auto 19

-27.2%

Tyre wear rate updates

87232

BMW X2 Diesel Hatchback xDrive 18d 150 Sport 5dr Step Auto 19

-26.4%

Tyre wear rate updates

87233

BMW X2 Diesel Hatchback xDrive 18d 150 M Sport 5dr Step Auto 19

-27.2%

Tyre wear rate updates

84645

Mazda CX-5 Diesel Estate 2.2d [184] Sport Nav+ 5dr AWD 18

-28.5%

Tyre size and price update

84646

Mazda CX-5 Diesel Estate 2.2d [184] Sport Nav+ 5dr Auto AWD 18

-26.2%

Tyre size and price update

87179

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Sport ALL4 5dr [Comfort/Nav+ Pack] 19

-30.7%

Tyre Wear rate update

87168

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Classic ALL4 5dr 19

-28.5%

Tyre Wear rate update

87178

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Sport ALL4 5dr [Comfort Pack] 19

-30.7%

Tyre Wear rate update

87186

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Exclusive ALL4 5dr [Comfort Pack] 19

-30.7%

Tyre Wear rate update

87180

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Sport ALL4 5dr Auto 19

-27.4%

Tyre Wear rate update

87170

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Classic ALL4 5dr [Comfort Pack] 19

-28.5%

Tyre Wear rate update

87187

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Exclusive ALL4 5dr [Comfort/Nav+ Pk] 19

-30.7%

Tyre Wear rate update

87183

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Sport ALL4 5dr Auto [Comfort/Nav+ Pk] 19

-27.4%

Tyre Wear rate update

87191

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Exclusive ALL4 5dr Auto[Comfort/Nav+] 19

-27.4%

Tyre Wear rate update

87176

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Sport ALL4 5dr 19

-30.7%

Tyre Wear rate update

87171

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Classic ALL4 5dr [Comfort/Nav+ Pack] 19

-28.5%

Tyre Wear rate update

87188

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Exclusive ALL4 5dr Auto 19

-27.4%

Tyre Wear rate update

87182

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Sport ALL4 5dr Auto [Comfort Pack] 19

-27.4%

Tyre Wear rate update

87190

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Exclusive ALL4 5dr Auto [Comfort Pk] 19

-27.4%

Tyre Wear rate update

87184

MINI Countryman Diesel Hatchback 2.0 150 Cooper D Exclusive ALL4 5dr 19

-30.7%

Tyre Wear rate update

VAT

VAT is excluded from all calculations.

Service Intervals

All calculations are based upon the service intervals recommended by the manufacturer.

The following factors must be taken into account when setting maintenance budgets

All values are standard average discounted rate by Manufacturer. 
Data includes 2nd & 3rd year warranty only covered exclusively by the Manufacturer. 
No manufacturer goodwill payments are included in the data. 
All costs are original parts price (manufacturers/franchise dealers). 
Vehicle usage is set at medium and assumes on road use only. 
Replacement tyres are assumed to be premium brand. 
Mortality rates are average for standard use. 

Where data is unavailable then certain assumptive aspects of data will be used based on available information for existing models sharing common features. 

In cases where no data is available and there are no common equivalents then either an assumptive figure based on the best available information will be used or alternatively no data will be issued. 

The following elements are excluded from cap hpi gold book SMR

Additional warranty costs
Relief vehicles 
Accident management costs
Road fund license
Insurance costs
Costs of finance
Fuel

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