Following our acquisition of Derwent Management Services in 2014, cap hpi Ludlow (Derwent) data has been used to populate our SMR 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 95%, 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.
Below is a link to some Frequently Asked Questions regarding the changes:
smr complete
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 December publication:
|
Range |
|
ASTON MARTIN DB11 CONVERTIBLE 2018 |
|
ASTON MARTIN V8 VANTAGE COUPE 2018 |
|
CITROEN C4 CACTUS DIESEL HATCHBACK 2018 |
|
CITROEN C4 CACTUS HATCHBACK 2018 |
|
CITROEN C4 CACTUS HATCHBACK SPECIAL EDITIONS 2018 |
|
HONDA CIVIC DIESEL HATCHBACK 2018 |
|
HYUNDAI I10 HATCHBACK SPECIAL EDITIONS 2018 |
|
HYUNDAI I30 FASTBACK 2018 |
|
HYUNDAI I30 HATCHBACK SPECIAL EDITIONS 2018 |
|
HYUNDAI I30 TOURER SPECIAL EDITIONS 2018 |
|
JEEP GRAND CHEROKEE SW DIESEL 2018 |
|
JEEP GRAND CHEROKEE SW SPECIAL EDITION 2018 |
|
KIA SORENTO DIESEL STATION WAGON 2018 |
|
LAND ROVER RANGE ROVER DIESEL ESTATE 2018 |
|
LAND ROVER RANGE ROVER ESTATE 2018 |
|
MERCEDES-BENZ CLS COUPE 2018 |
|
MERCEDES-BENZ CLS DIESEL COUPE 2018 |
|
MERCEDES-BENZ GLS ESTATE SPECIAL EDITION 2018 |
|
MITSUBISHI SHOGUN SPORT DIESEL SW 2018 |
|
NISSAN LEAF HATCHBACK 2018 |
|
RENAULT CLIO HATCHBACK SPECIAL EDITIONS 2018 |
|
RENAULT KOLEOS ESTATE SPECIAL EDITIONS 2018 |
|
SUBARU XV HATCHBACK 2018 |
|
SUZUKI IGNIS HATCHBACK SPECIAL EDITIONS 2018 |
|
VAUXHALL VIVARO TOURER DIESEL ESTATE 2018 |
|
VOLKSWAGEN GOLF ALLTRACK ESTATE 2018 |
|
VOLKSWAGEN GOLF SV DIESEL HATCHBACK 2018 |
|
VOLKSWAGEN GOLF SV HATCHBACK 2018 |
|
VOLVO V90 ESTATE SPECIAL EDITIONS 2018 |
Budget Changes
The overall budget change at 36/60 is £2 per month.
The following models see the largest changes (more than +/- 15%):
|
CAPID |
Description |
Approximate Change |
|
81707 |
Citroen C3 Aircross Hatchback 1.2 PureTech 82 Touch 5dr 18 |
-20% |
|
77802 |
Jaguar F-Type Coupe 3.0 [380] Supercharged V6 R-Dynamic 2dr Auto 19 |
-15% |
|
77803 |
Jaguar F-Type Coupe 3.0 [380] Supercharged V6 R-Dynamic 2dr Auto AWD 19 |
-12% |
|
77813 |
Jaguar F-Type Convertible 3.0 [380] Supercharged V6 R-Dynamic 2dr Auto 19 |
-15% |
|
77814 |
Jaguar F-Type Convertible 3.0 [380] Supercharged V6 R-Dynamic 2dr Auto AWD 19 |
-12% |
|
77801 |
Jaguar F-Type Coupe 3.0 [380] Supercharged V6 R-Dynamic 2dr 19 |
-15% |
|
77812 |
Jaguar F-Type Convertible 3.0 [380] Supercharged V6 R-Dynamic 2dr 19 |
-15% |
|
59126 |
Vauxhall Cascada Convertible 1.4T 140 Elite 2dr 18.5 |
19% |
|
81226 |
Vauxhall Grandland X Diesel Hatchback 1.6 Turbo D 120 Elite Nav 5dr 18.5 |
15% |
|
78137 |
Vauxhall Insignia Grand Sport 2.0T 4X4 [260] Elite Nav 5dr Auto 18.5 |
19% |
|
78167 |
Vauxhall Insignia Diesel Grand Sport 1.6 Turbo D [136] SRi Vx-line Nav 5dr Auto 18.5 |
18% |
|
78199 |
Vauxhall Insignia Diesel Sports Tourer 1.6 Turbo D [136] SRi Vx-line Nav 5dr Auto 18.5 |
18% |
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
