The report said: 'The collapse in used car prices in the second half of 2000 and the predictions from many industry watchers that nothing will improve the situation for some time would pose the question: 'why not put used cars on the fleet?' In last year's survey, only 26% of fleets reported acquiring used cars and this has risen to 33% overall.'
But report author Professor Peter Cooke warned: 'Used car acquisition for the fleet can be fraught with danger. The survey suggests that out of the fleets surveyed, about a fifth have rules regarding the choice of used cars, covering mileage and age. Prudence, quality, low mileage and young age would appear to be the most important issues.'