The cash-strapped diva received a £1500 fine and a three-month driving ban when she appeared in court last week.
She was arrested in the stationary car in the early hours of October 10 in Shooter's Hill, Greenwich, South East London after partying at Kris Boyson's 30th birthday bash at The Meze in Bexleyheath.
The court was told that CCTV footage would show her Range Rover earlier damaging a Volkswagen Golf while attempting a three-point turn.
Katie recorded 69 micrograms of alcohol in 100ml of breath after she was arrested last year. The legal limit is 35mg per 100ml.
But while the former glamour girl is glad she's still got her freedom, her pals reckon some time behind bars would have done her the world of good.
One told Closer: "Katie will never learn from her mistakes if she keeps being let off the hook.
"She laughs everything off and has admitted she doesn’t feel scared of behaving recklessly because she always seems to wriggle her way out of it.
"She always tells people to ‘never underestimate the Pricey’ and sometimes feels as though she’s invincible.
"But friends are really concerned. Deep down, they can’t help feeling she should be in jail.
"As harsh as it sounds, they’d secretly hoped a stint in prison would be the shock to the system she so desperately needs to turn her life around. They’re scared about what might happen to her now."
After a judge said she was neither “plausible” nor “credible”, she bragged to reporters: “I get my licence back on May 24, which means I can go car shopping.”
Katie said: "Brilliant, I thought I was about to get two years".
Celebrating outside of court, Price added: "I was never drink driving. There was no evidence at all of me drink driving. I rest my case on that.
"I was convicted because I had the keys. I was given a chance of having ten points in my license or to be disqualified for three months."
She added: "It adds on to my disqualification that I'm already on which means I get my driving license back on the 24th of May…which means I can go car shopping. Let's ban the pink car."
Katie had tried to argue a "mystery man" was driving her £75,000 car when it smashed into a bush and another car last year.
But the judge said on Monday that she was not a "credible witness", convicting her of being nearly twice the legal limit while in charge of the motor vehicle.
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