Book in advance and it can be possible to rent a car in Tenerife for less then £10/day. But don't leave it until you're there. The earlier you book, the more you'll usually save, so sort it ASAP.
As an example, for a week's hire of an economy rental car in Tenerife South in recent years, the cheapest price it quoted was £50 if you booked two months ahead. It was then £100 if you left booking until just a week before.
Book your vehicle by using the online forms available on most car rental websites in Tenerife. Most companies won't request online payments or deposits, the payment is done in the airport or at the rental center.
Always check for Car Rental Weekend discounts or special weekly rates. When shopping online, be alert for little areas where you can enter a “promotional code” or “discount code.” That’s a sign to open a Web browser in another window and do a quick Internet search for the car company’s name along with the same catch phrase you spotted. You could find a coupon code in seconds and save on your rental. Remember that you also may have access to discount codes through organization memberships and other affiliations.
In Tenerife you can try 365connections for Car Rental Deals and Offers
If you are renting or hiring a car in Tenerife then it is only natural to concern yourself about what to do if you have a car accident in Tenerife?
Most quotes for car hire in Tenerife do include insurance as standard but clearly you must read the terms and conditions in your contract to make absolutely sure.
Be aware that in the event of an accident while renting a car in Tenerife you usually have to pay an excess which often is very high – in the region of €500 usually, sometimes as much as €1000.