Motorists looking forward to the launch of newly registered cars have been given good news by Barclays.

The bank is offering a new personal package aimed at motorists in time for the upgrade to the 57 number plate.

A typical APR of 7.4 per cent is backed up with a 25 per cent discount on RAC cover and a free vehicle check from HPI.

Customers can also benefit from receiving a ten per cent discount on motor insurance booked online - or five per cent if booked over the phone.

"Many motorists will find that this is a much better rate than they would get on a car finance deal plus they have the additional benefits of the RAC discount and the essential free HPI check," said Mark Till, product director for loans from Barclays.

Last week, car insurance provider esure advised motorists that fitting upgrades such as a tracking device can drive the price of insurance down on a new car.