Welcome to our re-named overview, previously known as the ‘gold book SMR editorial’.
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:
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AUDI RS 6 AVANT 2019 |
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AUDI RS 7 SPORTBACK 2019 |
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AUDI RS Q3 ESTATE 2019 |
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AUDI RS Q3 SPORTBACK 2019 |
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BMW 2 SERIES DIESEL GRAN COUPE 2020 |
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BMW 2 SERIES GRAN COUPE 2020 |
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BMW M8 GRAN COUPE 2020 |
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BMW X5 M ESTATE 2019 |
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BMW X6 M ESTATE 2019 |
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LAND ROVER RANGE ROVER ESTATE SPECIAL EDITION 2019 |
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LEXUS IS SALOON SPECIAL EDITIONS 2019 |
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MG MOTOR UK HS HATCHBACK 2019 |
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PEUGEOT 2008 DIESEL ESTATE 2019 |
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PEUGEOT 2008 ESTATE 2019 |
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PEUGEOT E-2008 ELECTRIC ESTATE 2019 |
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PORSCHE PANAMERA HATCHBACK SPECIAL EDITIONS 2019 |
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PORSCHE PANAMERA SPORT TURISMO SPECIAL EDITIONS 2019 |
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RENAULT CAPTUR DIESEL HATCHBACK 2019 |
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RENAULT CAPTUR HATCHBACK 2019 |
Budget Changes
The overall average budget change at 36/60 is +£93.31
The following models see the largest changes (more than +/- 20%):
|
CAPID |
Description |
Approx Change |
Reason |
|
83458 |
BMW i i8 Coupe [374] 2dr Auto 18.5 |
56% |
Wear and service pack updates |
|
83362 |
BMW i i8 Roadster 2dr 374 Auto 18.5 |
56% |
Wear and service pack updates |
|
83751 |
BMW X4 Diesel Estate xDrive 326 M40d 5dr Step Auto 19 |
-39% |
Wear rate updates |
|
91037 |
BMW X4 Diesel Estate xDrive20d 190 M Sport 5dr Step Auto [Plus Pack] 19.5 |
-40% |
Wear rate updates |
|
91039 |
BMW X4 Diesel Estate xDrive20d 190 M Sport 5dr Step Auto [Tech/Plus Pack] 19.5 |
-40% |
Wear rate updates |
|
91040 |
BMW X4 Diesel Estate xDrive20d 190 M Sport X 5dr Step Auto [Plus Pack] 19.5 |
-40% |
Wear rate updates |
|
91042 |
BMW X4 Diesel Estate xDrive20d 190 M Sport X 5dr Step Auto [Tech/Plus Pack] 19.5 |
-40% |
Wear rate updates |
|
91043 |
BMW X4 Diesel Estate xDrive30d 265 M Sport 5dr Step Auto [Plus Pack] 19.5 |
-40% |
Wear rate updates |
|
91045 |
BMW X4 Diesel Estate xDrive30d 265 M Sport 5dr Step Auto [Tech/Plus Pack] 19.5 |
-40% |
Wear rate updates |
|
91046 |
BMW X4 Diesel Estate xDrive30d 265 M Sport X 5dr Step Auto [Plus Pack] 19.5 |
-40% |
Wear rate updates |
|
91048 |
BMW X4 Diesel Estate xDrive30d 265 M Sport X 5dr Step Auto [Tech/Plus Pack] 19.5 |
-40% |
Wear rate updates |
|
84878 |
BMW X4 Estate xDrive 354 M40i 5dr Step Auto 19 |
-41% |
Wear rate updates |
|
91556 |
Citroen C3 Diesel Hatchback 1.5 BlueHDi 100 Flair Plus 5dr [5 Speed] 19.75 |
-23% |
Tyre wear updates |
|
84499 |
Ford Fiesta Hatchback 1.5 EcoBoost 200 ST-2 [Performance Pk] Navigation 3dr 18.75 |
25% |
Tyre wear updates |
|
84501 |
Ford Fiesta Hatchback 1.5 EcoBoost 200 ST-2 [Performance Pk] Navigation 5dr 18.75 |
25% |
Tyre wear updates |
|
86303 |
Kia Optima Sportswagon 2.0 T-GDi 241 GT 5dr Auto 19 |
24% |
SMR Updates |
|
87656 |
Lexus RC Coupe 300h 223 2.5 2dr CVT [Leather/Sunroof] 19 |
-26% |
Tyre wear updates |
|
87654 |
Lexus RC Coupe 300h 223 2.5 2dr CVT [Leather] 19 |
-26% |
Tyre wear updates |
|
87655 |
Lexus RC Coupe 300h 223 2.5 2dr CVT [Sunroof] 19 |
-26% |
Tyre wear updates |
|
87653 |
Lexus RC Coupe 300h 223 2.5 2dr CVT 19 |
-26% |
Tyre wear updates |
|
91312 |
MINI Electric Hatchback 135kW 184 Cooper S 1 33kWh 3dr Auto 20 |
37% |
Tyre wear updates |
|
91313 |
MINI Electric Hatchback 135kW 184 Cooper S 2 33kWh 3dr Auto 20 |
41% |
Tyre wear updates |
|
91314 |
MINI Electric Hatchback 135kW 184 Cooper S 3 33kWh 3dr Auto 20 |
41% |
Tyre wear updates |
|
89234 |
Tesla Model 3 Saloon 351 Long Range AWD 4dr Auto [Auto Pilot] 19 |
24% |
Wear and service data updates |
|
89233 |
Tesla Model 3 Saloon 351 Long Range AWD 4dr Auto 19 |
24% |
Wear and service data updates |
|
77083 |
Toyota Mirai Saloon 154 Hydrogen fuel cell 4dr CVT 15 |
36% |
Service 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
