Welcome to our latest overview of Service Maintenance and Repair (SMR) Budgets, previously known as the ‘gold book SMR editorial’. This is aimed at our Fleet sector customers, who may use the Budgets when setting their lease rates.
Any customer suggestions for improvement would be appreciated: please 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 ranges have been included in SMR product for the first time in this month’s publication of SMR budget forecasts:
|
Range |
|
AUDI A6 ALLROAD ESTATE 2019 |
|
AUDI RS Q8 ESTATE 2019 |
|
BENTLEY FLYING SPUR SALOON SPECIAL EDITIONS 2019 |
|
BMW M2 COUPE SPECIAL EDITION 2020 |
|
FIAT TIPO HATCHBACK SPECIAL EDITIONS 2020 |
|
MERCEDES-BENZ C CLASS ESTATE SPECIAL EDITIONS 2019 |
|
MERCEDES-BENZ C CLASS SALOON SPECIAL EDITIONS 2019 |
|
MERCEDES-BENZ S CLASS CABRIOLET SPECIAL EDITION 2019 |
|
MERCEDES-BENZ S CLASS COUPE SPECIAL EDITION 2017 |
|
MERCEDES-BENZ SLC AMG ROADSTER SPECIAL EDITION 2019 |
|
MERCEDES-BENZ SLC ROADSTER SPECIAL EDITION 2019 |
|
RENAULT MEGANE R.S. HATCHBACK SPECIAL EDITIONS 2019 |
|
SEAT CUPRA ATECA ESTATE SPECIAL EDITIONS 2019 |
|
SKODA CITIGOE IV ELECTRIC HATCHBACK 2020 |
|
SUBARU FORESTER ESTATE 2019 |
|
VAUXHALL CORSA-E ELECTRIC HATCHBACK SPECIAL EDITIONS 2019 |
Budget Changes
The overall average budget change at 36/60 is -£107.30
The following models see the largest changes (more than +/- 25%):
|
CAPID |
Description |
Apprx Change |
Reason |
|
83458 |
BMW i i8 Coupe [374] 2dr Auto 18.5 |
-35% |
Service pack additions |
|
83362 |
BMW i i8 Roadster 2dr 374 Auto 18.5 |
-35% |
Service pack additions |
|
91064 |
Hyundai Ioniq Electric Hatchback 100kW 136 Premium 38kWh 5dr Auto 20 |
39% |
Service data updates |
|
91065 |
Hyundai Ioniq Electric Hatchback 100kW 136 Premium SE 38kWh 5dr Auto 20 |
39% |
Service data updates |
|
91589 |
Hyundai Kona Electric Hatchback 150kW 204 Premium 64kWh 5dr Auto [10.5kW Charger] 20 |
27% |
Service data updates |
|
85969 |
Hyundai Kona Electric Hatchback 150kW 204 Premium 64kWh 5dr Auto 19 |
27% |
Service data updates |
|
91590 |
Hyundai Kona Electric Hatchback 150kW 204 Premium SE 64kWh 5dr Auto [10.5kW Charger] 20 |
27% |
Service data updates |
|
85970 |
Hyundai Kona Electric Hatchback 150kW 204 Premium SE 64kWh 5dr Auto 19 |
27% |
Service data updates |
|
87413 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Prem +/Tech/Safety/Sunroof] 19 |
42% |
SMR Updates |
|
87408 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Premium/Tech/Safety/Sun Rf/Nav] 19 |
42% |
SMR Updates |
|
87407 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Premium Pack/Tech/Safety/Nav] 19 |
42% |
SMR Updates |
|
87406 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Premium Pack/Nav] 19 |
42% |
SMR Updates |
|
87410 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Premium Plus/Sunroof] 19 |
42% |
SMR Updates |
|
87412 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Premium Plus/Tech/Safety] 19 |
42% |
SMR Updates |
|
87416 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Premium Plus/Tech/Sound/Sunroof] 19 |
42% |
SMR Updates |
|
87415 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Premium Plus/Tech/Sound] 19 |
42% |
SMR Updates |
|
87409 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Premium Plus] 19 |
42% |
SMR Updates |
|
87405 |
Lexus UX Hatchback 250h 184 2.0 5dr CVT [Nav] 19 |
42% |
SMR Updates |
|
87414 |
Lexus UX Hatchback 250h 184 E4 2.0 5dr CVT [Prem +/Tech/Safety/Sunroof] 19 |
43% |
SMR Updates |
|
87417 |
Lexus UX Hatchback 250h 184 E4 2.0 5dr CVT [Prem +/Tech/Sound/Sunroof] 19 |
43% |
SMR Updates |
|
87411 |
Lexus UX Hatchback 250h 184 E4 2.0 5dr CVT [Premium Plus/Sunroof] 19 |
43% |
SMR Updates |
|
87425 |
Lexus UX Hatchback 250h 2.0 184 F-Sport 5dr CVT [Prem +/Tech/Safe/SunRf] 19 |
36% |
SMR Updates |
|
87424 |
Lexus UX Hatchback 250h 2.0 184 F-Sport 5dr CVT [Prem +/Tech/Safety] 19 |
36% |
SMR Updates |
|
87422 |
Lexus UX Hatchback 250h 2.0 184 F-Sport 5dr CVT [Premium Plus/Sunroof] 19 |
36% |
SMR Updates |
|
87421 |
Lexus UX Hatchback 250h 2.0 184 F-Sport 5dr CVT [Premium Plus] 19 |
36% |
SMR Updates |
|
87427 |
Lexus UX Hatchback 250h 2.0 184 F-Sport 5dr CVT [Takumi Pack] 19 |
36% |
SMR Updates |
|
87420 |
Lexus UX Hatchback 250h 2.0 184 F-Sport 5dr CVT [Tech/Safety/Sunroof] 19 |
36% |
SMR Updates |
|
87419 |
Lexus UX Hatchback 250h 2.0 184 F-Sport 5dr CVT [Tech/Safety] 19 |
36% |
SMR Updates |
|
87418 |
Lexus UX Hatchback 250h 2.0 184 F-Sport 5dr CVT [Nav] 19 |
36% |
SMR Updates |
|
87429 |
Lexus UX Hatchback 250h 2.0 184 Takumi 5dr CVT 19 |
36% |
SMR Updates |
|
87423 |
Lexus UX Hatchback 250h E4 2.0 184 F-Sport 5dr CVT [Premium Plus/Sunroof] 19 |
38% |
SMR Updates |
|
87428 |
Lexus UX Hatchback 250h E4 2.0 184 F-Sport 5dr CVT [Takumi Pack] 19 |
38% |
SMR Updates |
|
87426 |
Lexus UX Hatchback 250h E4 2.0 184 F-Sport 5dr CVT Prem +/Tech/Safe/SunRf 19 |
38% |
SMR Updates |
|
87430 |
Lexus UX Hatchback 250h E4 2.0 184 Takumi 5dr CVT 19 |
38% |
SMR Updates |
|
89650 |
Mercedes EQC Estate 300kW 408 AMG Line 80kWh 5dr Auto 20 |
-31% |
Wear rate and service data updates |
|
89649 |
Mercedes EQC Estate 300kW 408 Sport 80kWh 5dr Auto 20 |
-34% |
Wear rate and service data updates |
|
89653 |
Mercedes EQC Estate Special 408 Edition 300kW Edition 1 80kWh 5dr Auto 20 |
-30% |
Wear rate and service data updates |
|
89654 |
Mercedes EQC Estate Special 408 Edition 300kW Edition 1886 80kWh 5dr Auto 20 |
-30% |
Wear rate and service data updates |
|
89979 |
Mercedes GLC Diesel Estate GLC 220d 4Matic 194 AMG Line Premium 5dr 9G-Tronic 20 |
-27% |
Tyre price updates |
|
92120 |
Skoda Citigoe IV Electric Hatchback 61kW 83 SE 37kWh 5dr Auto [40kW Charger] 20 |
-30% |
Service data and parts updates |
|
91973 |
Skoda Citigoe IV Electric Hatchback 61kW 83 SE 37kWh 5dr Auto 20 |
-30% |
Service data and parts 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
