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 |
|
BMW M8 CONVERTIBLE 2019 |
|
BMW M8 COUPE 2019 |
|
BMW X1 DIESEL ESTATE 2019 |
|
BMW X1 ESTATE 2019 |
|
FORD FIESTA HATCHBACK SPECIAL EDITIONS 2019 |
|
KIA PRO CEED SHOOTING BRAKE SPECIAL EDITION 2019 |
|
KIA STINGER GRAN TURISMO SPECIAL EDITION 2019 |
|
KIA XCEED DIESEL HATCHBACK 2019 |
|
KIA XCEED HATCHBACK 2019 |
|
KIA XCEED HATCHBACK SPECIAL EDITION 2019 |
|
MERCEDES-BENZ GLC AMG COUPE 2019 |
|
MERCEDES-BENZ GLC AMG ESTATE 2019 |
|
MERCEDES-BENZ GLC DIESEL COUPE 2019 |
|
MERCEDES-BENZ GLC DIESEL ESTATE 2019 |
|
RENAULT CLIO DIESEL HATCHBACK 2019 |
|
RENAULT CLIO HATCHBACK 2019 |
|
SKODA SUPERB DIESEL ESTATE 2019 |
|
SKODA SUPERB DIESEL HATCHBACK 2019 |
|
SKODA SUPERB ESTATE 2019 |
|
SKODA SUPERB HATCHBACK 2019 |
|
TOYOTA SUPRA COUPE 2019 |
Budget Changes
The overall average budget change at 36/60 is -£13.46
This month we implemented a large scale wear rate review, using a far larger dataset than before making specific model, drive and power baskets far more representative.
The areas of change are to tyre and brake wear for both replacement mileages and the spread element.
Although the average budget change is a decrease, there are some very large movements including some increases.
The following models see the largest changes (more than +/- 50%):
|
CAPID |
Description |
Change |
|
77171 |
MINI Clubman Estate 2.0 231 John Cooper Works ALL4 6dr [Chili Pack] 18.5 |
63% |
|
83473 |
MINI Clubman Estate 2.0 231 John Cooper Works ALL4 6dr [Chili/Nav+ Pack] 18.5 |
63% |
|
77168 |
MINI Clubman Estate 2.0 231 John Cooper Works ALL4 6dr Auto 18.5 |
62% |
|
83474 |
MINI Clubman Estate 2.0 231 John Cooper Works ALL4 6dr Auto [Chi/Nav+ Pk] 18.5 |
63% |
|
83462 |
MINI Clubman Estate 2.0 231 John Cooper Works ALL4 6dr [Nav+ Pack] 18.5 |
62% |
|
77172 |
MINI Clubman Estate 2.0 231 John Cooper Works ALL4 6dr Auto [Chili Pack] 18.5 |
63% |
|
83463 |
MINI Clubman Estate 2.0 231 John Cooper Works ALL4 6dr Auto [Nav+ Pack] 18.5 |
62% |
|
77167 |
MINI Clubman Estate 2.0 231 John Cooper Works ALL4 6dr 18.5 |
62% |
|
88560 |
MINI Convertible 2.0 231 JCW II 2dr Auto [Comfort Pack] [8 Speed] 19.25 |
67% |
|
83205 |
MINI Convertible 2.0 231 John Cooper Works II 2dr [Chili/Nav+ Pack] 18.5 |
70% |
|
83206 |
MINI Convertible 2.0 231 John Cooper Works II 2dr Auto [8 Speed] 18.5 |
67% |
|
83202 |
MINI Convertible 2.0 231 John Cooper Works II 2dr 18.5 |
67% |
|
83208 |
MINI Convertible 2.0 231 John Cooper Works II 2dr Auto [Chili Pk] 8Spd 18.5 |
70% |
|
88559 |
MINI Convertible 2.0 231 JCW II 2dr [Comfort Pack] 19.25 |
67% |
|
83204 |
MINI Convertible 2.0 231 John Cooper Works II 2dr [Chili pack] 18.5 |
70% |
|
83207 |
MINI Convertible 2.0 231 John Cooper Works II 2dr Auto [Nav+] 8Spd 18.5 |
67% |
|
88561 |
MINI Convertible 2.0 231 JCW II 2dr [Comfort/Nav Pack] 19.25 |
67% |
|
88562 |
MINI Convertible 2.0 231 JCW II 2dr Auto [Comfort/Nav Pack] [8 Speed] 19.25 |
67% |
|
83203 |
MINI Convertible 2.0 231 John Cooper Works II 2dr [Nav+ Pack] 18.5 |
67% |
|
88548 |
MINI Convertible 2.0 231 John Cooper Works II 2dr [Nav Pack] 19.25 |
67% |
|
88549 |
MINI Convertible 2.0 231 JCW II 2dr Auto [Nav Pack] [8 Speed] 19.25 |
67% |
|
83209 |
MINI Convertible 2.0 231 John Cooper Works II 2dr Auto [Chi/Nav+] 8Spd 18.5 |
70% |
|
78933 |
MINI Countryman Hatchback 2.0 231 John Cooper Works ALL4 5dr Auto 18.5 |
63% |
|
83430 |
MINI Countryman Hatchback 2.0 231 John Cooper Works ALL4 5dr [Chili/Nav+ Pack] 18.5 |
63% |
|
78932 |
MINI Countryman Hatchback 2.0 231 John Cooper Works ALL4 5dr 18.5 |
63% |
|
78936 |
MINI Countryman Hatchback 2.0 231 John Cooper Works ALL4 5dr [Chili pack] 18.5 |
63% |
|
83431 |
MINI Countryman Hatchback 2.0 231 John Cooper Works ALL4 5dr Auto [Chili/Nav+] 18.5 |
63% |
|
83428 |
MINI Countryman Hatchback 2.0 231 John Cooper Works ALL4 5dr [Nav+ Pack] 18.5 |
63% |
|
78937 |
MINI Countryman Hatchback 2.0 231 John Cooper Works ALL4 5dr Auto [Chili pack] 18.5 |
63% |
|
83429 |
MINI Countryman Hatchback 2.0 231 John Cooper Works ALL4 5dr Auto [Nav+ Pack] 18.5 |
63% |
|
83115 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr [Chili/Nav+ Pack] 18.5 |
69% |
|
83113 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr 18.5 |
67% |
|
83114 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr [Chili Pack] 18.5 |
69% |
|
88477 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr [Nav Pack] 19.25 |
67% |
|
88478 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr Auto [Nav] 8 Speed 19.25 |
67% |
|
88479 |
MINI Hatchback 2.0 JCW 231 II 3dr [Comfort Pack] 19.25 |
67% |
|
83117 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr Auto [8 Speed] 18.5 |
67% |
|
88481 |
MINI Hatchback 2.0 JCW 231 II 3dr [Comfort/Nav Pack] 19.25 |
67% |
|
83120 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr Auto [Nav+] 8Speed 18.5 |
67% |
|
83118 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr Auto [Chili Pk] 8Spd 18.5 |
69% |
|
83119 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr Auto [Chi/Nav+]8Speed 18.5 |
69% |
|
88480 |
MINI Hatchback 2.0 JCW 231 II 3dr Auto [Comfort pack] [8 Speed] 19.25 |
67% |
|
83116 |
MINI Hatchback 2.0 John 231 Cooper Works II 3dr [Nav+ Pack] 18.5 |
67% |
|
88482 |
MINI Hatchback 2.0 JCW 231 II 3dr Auto [Comfort/Nav pack] [8 Speed] 19.25 |
67% |
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
