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 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 September publication:
|
Range |
|
AUDI A1 SPORTBACK 2018 |
|
AUDI A6 AVANT 2018 |
|
AUDI A6 DIESEL AVANT 2018 |
|
AUDI A6 DIESEL SALOON 2018 |
|
AUDI A6 SALOON 2018 |
|
AUDI A7 DIESEL SPORTBACK 2018 |
|
AUDI A7 SPORTBACK 2018 |
|
AUDI TT COUPE 2018 |
|
AUDI TT COUPE SPECIAL EDITIONS 2018 |
|
AUDI TT ROADSTER 2018 |
|
AUDI TT ROADSTER SPECIAL EDITIONS 2018 |
|
BMW 3 SERIES DIESEL SALOON 2019 |
|
BMW 3 SERIES SALOON 2019 |
|
BMW X2 DIESEL HATCHBACK 2018 |
|
BMW X2 HATCHBACK 2018 |
|
BMW Z4 ROADSTER 2019 |
|
BMW Z4 ROADSTER SPECIAL EDITIONS 2019 |
|
CITROEN C4 CACTUS DIESEL HATCHBACK 2018 |
|
CITROEN C4 CACTUS HATCHBACK 2018 |
|
CITROEN C4 SPACETOURER ESTATE 2018 |
|
DACIA DUSTER ESTATE 2018 |
|
HYUNDAI I40 SALOON 2018 |
|
JEEP WRANGLER HARD TOP 2018 |
|
JEEP WRANGLER HARD TOP DIESEL 2018 |
|
JEEP WRANGLER SOFT TOP 2018 |
|
JEEP WRANGLER SOFT TOP DIESEL 2018 |
|
LEXUS ES SALOON 2018 |
|
MASERATI GHIBLI SALOON SPECIAL EDITION 2018 |
|
MERCEDES-BENZ AMG GT COUPE SPECIAL EDITIONS 2018 |
|
MERCEDES-BENZ C CLASS DIESEL ESTATE 2018 |
|
MERCEDES-BENZ C CLASS DIESEL SALOON 2018 |
|
PEUGEOT RIFTER DIESEL ESTATE 2018 |
|
PEUGEOT RIFTER ESTATE 2018 |
|
PORSCHE MACAN ESTATE 2018 |
|
VOLVO V60 DIESEL SPORTSWAGON 2018 |
Budget Changes
The overall average budget change at 36/60 is £0
The following models see the largest changes (more than +/- 20%):
|
CAPID |
Description |
Approximate Change |
Reason |
|
83379 |
Jaguar I-Pace Estate 294kW EV400 S 90kWh 5dr Auto 19 |
21% |
Parts price and wear rate changes |
|
82953 |
Jeep Compass SW Diesel 2.0 Multijet 140 Limited 5dr [Plus Pack] 18 |
-28% |
Parts price and wear rate changes |
|
82954 |
Jeep Compass SW Diesel 2.0 Multijet 170 Limited 5dr Auto [Plus Pack] 18 |
-26% |
Parts price updates and tyre size correction |
|
82532 |
Jeep Compass SW Diesel 1.6 Multijet 120 Limited 5dr [2WD] 18 |
-27% |
Parts price updates and tyre size correction |
|
82533 |
Jeep Compass SW Diesel 1.6 Multijet 120 Longitude 5dr [2WD] 18 |
-28% |
Parts price updates and tyre size correction |
|
82531 |
Jeep Compass SW Diesel 1.6 Multijet 120 Sport 5dr [2WD] 18 |
-31% |
Parts price updates and tyre size correction |
|
79516 |
Lexus LC Coupe 500h 3.5 359 Sport 2dr Auto 19 |
30% |
Model year tyre updates |
|
79602 |
Lexus LC Coupe 500h 3.5 359 Sport 2dr Auto [Mark Levinson] 19 |
30% |
Model year tyre updates |
|
79603 |
Lexus LC Coupe 500h 3.5 359 Sport+ 2dr Auto [Mark Levinson] 19 |
30% |
Model year tyre updates |
|
79517 |
Lexus LC Coupe 500h 3.5 359 Sport+ 2dr Auto 19 |
30% |
Model year tyre updates |
|
79519 |
Lexus LC Coupe 500 5.0 477 2dr Auto 19 |
-23% |
Model year tyre updates |
|
79604 |
Lexus LC Coupe 500 5.0 477 2dr Auto [Mark Levinson] 19 |
-23% |
Model year tyre updates |
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
