Even though people are trying to stretch out the value of their cars by driving them until they drop; there was an increased demand for auto loans in March. Kyle Frick of the Mid Oregon Credit Union says the impact is partly due to so many cars taken out of the market during the “Cash for Clunkers” campaign two years ago. Still, the number of new cars available has been affected by the tsunami in Japan back in March. "Volvos their engines and transmissions are built in Japan so they've had some hits there. I think there's a plant in Louisiana, a Chevrolet plant that is on hold right now because a lot of parts that go into those cars there come from Japan. Toyota is definitely challenged and Honda. We're starting to see prices across the board go up and I’ve heard numbers like 1.5% those increases are coming because of supply and demand and not being able to get the parts they need or even the cars shipped over here." Kyle says that loans are available at a lower rate right now to offset the pricing caused by supply and demand. He adds once you lock in on that lower rate, you'll reap the benefits over the next few years.