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 100%, 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 3 SERIES DIESEL SALOON 2019 |
|
BMW 3 SERIES SALOON 2019 |
|
HONDA HR-V DIESEL HATCHBACK 2019 |
|
MERCEDES-BENZ B CLASS HATCHBACK 2019 |
|
MERCEDES-BENZ G CLASS DIESEL STATION WAGON 2019 |
|
SEAT TARRACO DIESEL ESTATE 2019 |
|
TOYOTA PRIUS HATCHBACK 2019 |
|
VAUXHALL MOKKA X HATCHBACK SPECIAL EDITIONS 2019 |
|
VAUXHALL VIVARO LIFE DIESEL ESTATE 2019 |
|
VOLKSWAGEN T-CROSS ESTATE SPECIAL EDITION 2019 |
|
VOLVO S60 SALOON 2019 |
Budget Changes
The overall average budget change at 36/60 is -£8
The following models see the largest changes (more than +/- 15%):
|
CAP ID |
Description |
Approx. Change |
Reason |
|
83379 |
Jaguar I-Pace Estate 294kW EV400 S 90kWh 5dr Auto 19 |
-15% |
Brake parts price changes |
|
88193 |
Kia Ceed Diesel Hatchback 1.6 CRDi ISG 134 GT-Line 5dr 19 |
-19% |
Tyre and brake wear updates |
|
87022 |
MINI Clubman Estate 2.0 Cooper S Classic 6dr Auto [Nav+ Pack] 19 |
-18% |
Tyre updates |
|
87018 |
MINI Clubman Estate 2.0 Cooper S Classic 6dr [Nav+ Pack] 19 |
-17% |
Tyre updates |
|
87125 |
MINI Countryman Hatchback 2.0 Cooper S Classic 5dr Auto [Nav+ Pack] 19 |
-16% |
Tyre updates |
|
87108 |
MINI Countryman Hatchback 1.5 224 Cooper S E Classic ALL4 PHEV 5dr Auto 19 |
-23% |
Tyre updates |
|
87109 |
MINI Countryman Hatchback 1.5 Cooper S E Classic ALL4 PHEV 5dr Auto [Nav+] 19 |
-17% |
Tyre updates |
|
87111 |
MINI Countryman Hatchback 1.5 224 Cooper S E Classic ALL4 PHEV 5dr Auto Com/Nav+ 19 |
-23% |
Tyre updates |
|
87110 |
MINI Countryman Hatchback 1.5 224 Cooper S E Classic ALL4 PHEV 5dr Auto[Comfort] 19 |
-23% |
Tyre updates |
|
81696 |
Ssangyong Rexton Diesel Estate 2.2 181 ELX 5dr Auto 18 |
-22% |
SMR Update |
|
87944 |
Toyota Corolla Hatchback 1.8 VVT-i Hybrid 122 Design 5dr CVT 19 |
-23% |
Toyota new SMR release |
|
87945 |
Toyota Corolla Hatchback 1.8 VVT-i Hybrid 122 Design 5dr CVT [Panoramic Roof] 19 |
-23% |
Toyota new SMR release |
|
87950 |
Toyota Corolla Hatchback 1.8 VVT-i Hybrid 122 Excel 5dr CVT [Bi-tone] 19 |
-16% |
Toyota new SMR release |
|
87949 |
Toyota Corolla Hatchback 1.8 VVT-i Hybrid 122 Excel 5dr CVT [Panoramic Roof] 19 |
-16% |
Toyota new SMR release |
|
87962 |
Toyota Corolla Estate 1.8 VVT-i Hybrid 122 Icon Tech 5dr CVT 19 |
-17% |
Toyota new SMR release |
|
87942 |
Toyota Corolla Hatchback 1.8 VVT-i Hybrid 122 Icon 5dr CVT 19 |
-17% |
Toyota new SMR release |
|
87943 |
Toyota Corolla Hatchback 1.8 VVT-i Hybrid 122 Icon Tech 5dr CVT 19 |
-17% |
Toyota new SMR release |
|
87961 |
Toyota Corolla Estate 1.8 VVT-i Hybrid 122 Icon 5dr CVT 19 |
-17% |
Toyota new SMR release |
|
88296 |
Toyota Corolla Saloon 1.8 VVT-i Hybrid 122 Icon 4dr CVT 19 |
-17% |
Toyota new SMR release |
|
88297 |
Toyota Corolla Saloon 1.8 VVT-i Hybrid 122 Icon Tech 4dr CVT 19 |
-17% |
Toyota new SMR release |
|
87948 |
Toyota Corolla Hatchback 1.8 VVT-i Hybrid 122 Excel 5dr CVT 19 |
-16% |
Toyota new SMR release |
|
87963 |
Toyota Corolla Estate 1.8 VVT-i Hybrid 122 Design 5dr CVT 19 |
-23% |
Toyota new SMR release |
|
87966 |
Toyota Corolla Estate 1.8 VVT-i Hybrid 122 Excel 5dr CVT 19 |
-23% |
Toyota new SMR release |
|
88298 |
Toyota Corolla Saloon 1.8 VVT-i Hybrid 122 Design 4dr CVT 19 |
-25% |
Toyota new SMR release |
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
