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%, 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 |
|
AUDI A7 DIESEL SPORTBACK 2018 |
|
AUDI A7 SPORTBACK 2018 |
|
BMW 2 SERIES ACTIVE TOURER 2018 |
|
BMW 2 SERIES DIESEL ACTIVE TOURER 2018 |
|
BMW 2 SERIES DIESEL GRAN TOURER 2018 |
|
BMW 2 SERIES GRAN TOURER 2018 |
|
BMW I8 ROADSTER 2018 |
|
BMW X2 DIESEL HATCHBACK 2018 |
|
BMW X2 HATCHBACK 2018 |
|
FIAT 500L HATCHBACK SPECIAL EDITIONS 2018 |
|
MASERATI GHIBLI SALOON SPECIAL EDITION 2018 |
|
MASERATI QUATTROPORTE SALOON SPECIAL EDITION 2018 |
|
NISSAN QASHQAI HATCHBACK SPECIAL EDITIONS 2018 |
|
SUBARU OUTBACK ESTATE 2018 |
|
TOYOTA LAND CRUISER DIESEL SW 2018 |
Budget Changes
The overall average budget change at 36/60 is -£58 . This reduction has been driven by tyre budgets: there are about 40 tyre sizes that have come down in price due to greater availability and competition. There have been some small movements in wear rates as well.
The following models see the largest changes (more than +/- 30%):
|
CAPID |
Description |
Change |
Reason |
|
75676 |
BMW 7 Series Saloon 750i 450 Exclusive 4dr Auto 16.75 |
-47% |
Tyre price and tyre wear updates |
|
81933 |
Audi A1 Hatchback S1 231 TFSI Quattro Competition Nav 3dr 18 |
-37% |
Tyre price and tyre wear updates |
|
81951 |
Audi A1 Sportback S1 231 TFSI Quattro Competition Nav 5dr 18 |
-37% |
Tyre price and tyre wear updates |
|
82823 |
Audi A1 Hatchback 1.0 TFSI 95 Black Edition Nav 3dr 18 |
-35% |
Tyre price and tyre wear updates |
|
82824 |
Audi A1 Hatchback 1.0 TFSI 95 Black Edition Nav 3dr S Tronic 18 |
-35% |
Tyre price and tyre wear updates |
|
82827 |
Audi A1 Sportback 1.0 TFSI 95 Black Edition Nav 5dr 18 |
-35% |
Tyre price and tyre wear updates |
|
82828 |
Audi A1 Sportback 1.0 TFSI 95 Black Edition Nav 5dr S Tronic 18 |
-35% |
Tyre price and tyre wear updates |
|
82825 |
Audi A1 Hatchback 1.4 TFSI 125 Black Edition Nav 3dr 18 |
-35% |
Tyre price and tyre wear updates |
|
82826 |
Audi A1 Hatchback 1.4 TFSI 125 Black Edition Nav 3dr S Tronic 18 |
-35% |
Tyre price and tyre wear updates |
|
82829 |
Audi A1 Sportback 1.4 TFSI 125 Black Edition Nav 5dr 18 |
-35% |
Tyre price and tyre wear updates |
|
82830 |
Audi A1 Sportback 1.4 TFSI 125 Black Edition Nav 5dr S Tronic 18 |
-35% |
Tyre price and tyre wear updates |
|
70967 |
BMW 7 Series Saloon 326 740Li 4dr Auto 16 |
-31% |
Tyre price and tyre wear updates |
|
75675 |
BMW 7 Series Saloon 740Li 326 Exclusive 4dr Auto 16.75 |
-31% |
Tyre price and tyre wear updates |
|
75682 |
BMW 7 Series Saloon 326 740e 4dr Auto 16.75 |
-30% |
Tyre price and tyre wear updates |
|
75683 |
BMW 7 Series Saloon 740e 326 Exclusive 4dr Auto 16.75 |
-30% |
Tyre price and tyre wear updates |
|
83033 |
Honda Civic Diesel Hatchback 1.6 i-DTEC 120 SR 5dr 18 |
40% |
Tyre price and tyre wear updates |
|
83034 |
Honda Civic Diesel Hatchback 1.6 i-DTEC 120 EX 5dr 18 |
40% |
Tyre price and tyre wear updates |
|
83035 |
Honda Civic Diesel Hatchback 1.6 i-DTEC 120 EX 5dr [Tech Pack] 18 |
40% |
Tyre price and tyre wear 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
