Car leases accelerate in popularity as more Estonians hit the road

  • 2007-04-18
  • By Joel Alas
TALLINN - Estonia has caught the car-buying bug. A quick glance at any parking lot in Tallinn reveals as much. Luxury vehicles line up side by side, begging for attention.To the casual observer, it seems Estonian roads are more heavily trafficked than ever before. Official figures confirm the notion. According to Statistics Estonia, 60,626 cars were registered to drive on Estonian roads in 2005. In 2006, the number increased to 74,000.At the same time, the amount borrowed from banks to purchase vehicles increased from 5.3 billion kroons to 6.8 billion kroons.Motorcycles are also becomin...
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