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 96%, 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 |
|
AUDI A4 ALLROAD ESTATE 2019 |
|
AUDI A4 AVANT 2019 |
|
AUDI A4 DIESEL ALLROAD ESTATE 2019 |
|
AUDI A4 DIESEL AVANT 2019 |
|
AUDI A4 DIESEL SALOON 2019 |
|
AUDI A4 SALOON 2019 |
|
AUDI A7 SPORTBACK SPECIAL EDITIONS 2019 |
|
AUDI Q3 ESTATE SPECIAL EDITIONS 2019 |
|
AUDI Q8 ESTATE SPECIAL EDITION 2019 |
|
BMW M5 SALOON SPECIAL EDITION 2019 |
|
KIA NIRO ESTATE 2019 |
|
LAND ROVER DISCOVERY SPORT DIESEL SW 2019 |
|
LAND ROVER DISCOVERY SPORT SW 2019 |
|
MERCEDES-BENZ A CLASS AMG SALOON 2019 |
|
MERCEDES-BENZ GLE AMG ESTATE 2019 |
|
MERCEDES-BENZ GLS DIESEL ESTATE 2019 |
|
MERCEDES-BENZ V CLASS DIESEL ESTATE 2019 |
|
VOLKSWAGEN PASSAT DIESEL ESTATE 2019 |
|
VOLKSWAGEN PASSAT DIESEL SALOON 2019 |
|
VOLKSWAGEN PASSAT ESTATE 2019 |
|
VOLKSWAGEN PASSAT SALOON 2019 |
|
VOLKSWAGEN T-CROSS DIESEL ESTATE 2019 |
Budget Changes
The overall average budget change at 36/60 is +£2
The following models see the largest changes (more than +/- 20%):
|
cap id |
Description |
Approx. Change |
|
82629 |
DS DS 7 CROSSBACK HATCHBACK 1.6 PureTech Ultra Prestige 5dr EAT8 2018 |
-30.7% |
|
82635 |
DS DS 7 DIESEL CROSSBACK HATCHBACK 2.0 BlueHDi Ultra Prestige 5dr EAT8 2017 |
-31.0% |
|
88078 |
VOLKSWAGEN TIGUAN ALLSPACE ESTATE 1.5 TSI EVO Match 5dr 2018 |
31.1% |
|
88079 |
VOLKSWAGEN TIGUAN ALLSPACE ESTATE 1.5 TSI EVO Match 5dr DSG 2018 |
28.1% |
|
88080 |
VOLKSWAGEN TIGUAN ALLSPACE DIESEL ESTATE 2.0 TDI Match 5dr 2018 |
33.8% |
|
88081 |
VOLKSWAGEN TIGUAN ALLSPACE DIESEL ESTATE 2.0 TDI Match 5dr DSG 2018 |
35.0% |
|
88082 |
VOLKSWAGEN TIGUAN ALLSPACE DIESEL ESTATE 2.0 TDI 4Motion Match 5dr DSG 2018 |
31.8% |
|
88083 |
VOLKSWAGEN TIGUAN ALLSPACE DIESEL ESTATE 2.0 TDI 190 4Motion Match 5dr DSG 2018 |
31.8% |
|
88152 |
SKODA KODIAQ DIESEL ESTATE 2.0 BiTDI 239 vRS 4x4 5dr DSG [7 Seat] 2019 |
-30.8% |
|
88316 |
SKODA KODIAQ ESTATE 1.5 TSI Sport Line 4x4 5dr DSG [7 Seat] 2018 |
-30.8% |
|
89233 |
TESLA MODEL 3 SALOON Long Range AWD 4dr Auto 2019 |
-21.3% |
|
89347 |
TESLA MODEL 3 SALOON Standard Plus 4dr Auto 2019 |
-21.4% |
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
