[SpokenHands]

I was advised by several parties that the car value quoted to the insurance company must be the full invoice value including options before any discounts applied.

If you do this, in the event of a write-off, the insurance company would provide a like-for-like vehicle for the age and options included.

If you quote the discounted value as the value of the car, the insurance company could repudiate the claim altogether in the event of a write-off or provide a proportionately lower value (less the % under-valued)

So though my car is listed as £60,000 on the agreement after the £2500 deposit and the £15,000 discount; the invoice list value is £77,500 for insurance purposes.