book price for L-reg vauhall corsa?

[BRIAN F]

My car was stolen and burnt out price on policy £900 but have been told will only get book price what is this ?

[Colin M]

"Book Price" is the value of the car in the trade. They all use the same guides, the "books" from which the term comes.
No matter what you may think the car is worth, it's always the book value the insurers use.

[Michael G]

It's the "true" value of the car (ie. what a dealer would pay for it). When we buy a car there is a "street" value added to the price which is dependant on how desirable the car is.

My old car had a £6000 street value but a dealer checked it's value and came up with £3500!

[lou0810]

book price is sort of like the price you would get for it part ex which im sorry to say prob wont be very much :-(

i traded in a w reg peugeot 206 last aug and only got £1500

hope this helps