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hire prices car

Car hire prices
I was on the island last month and for the first time that I have visited I didn't hire a car because the costs were
too much.   Have prices come down? are they expected to come down?
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We were there last winter for 6 months and prices were £11 a day. Now I am getting quotes for 28! Definitely can't afford that. £3k for our stay - would be cheaper to buy a car then sell it again!
Not sure what to do now.
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Look at Aboutcars.es as you are probably right about buying then selling it 6 months later.
25/75 Birmingham/El Cotillo. Cool
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Buying and selling a car here, as a non-resident - is fraught with problems! If there is any hold up with the end sale and you have left the island ........

When you buy a car they want proof of your home address here, or long term rental contract, so they know where to send the annual tax demand, just for starters. (normally proved by producing Padron (register with local council) document.)

Then there's the insurance, and ITV (equiv of MOT), and sales tax .....

Keep trying all the hire companies - you might get lucky.  Fingers Crossed
Living my dream
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Well we will be stuffed until the prices get more reasonable. Or rather stuck in Corajello and get a couple of second hand bikes to cycle around.
We often house sit for people and it is possible to get put on someone else's insurance but not easy to find someone that has a spare car!
This is crazy.

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In answer to the OP - In my experience hire car prices have remained higher than they were, say six months ago.

We hired a Fiat Panda (cheap skate that I am) for 21 days in October 2021 @14 euros per day inclusive of insurances etc.

A spur of the moment visit in late November, due to super-cheap EasyJet flights and we couldn't even hire a car from our usual provider (Payless) at all ... not a single car of any type was available due to the company needing to sell some of their stock just to stay afloat.
Cheapest deal that I could find was with Hertz was around 500 euros for 10 days for a mini-type car!

In the end, we arranged a transfer from the airport to El Cotillo for 60 euros each way and didn't really miss a car, shopping and eating out locally.

Just booked a 14 day visit in March / April and our usual car hire company now has availability of its usual range from Fiat Panda to Mercedes cabriolet.

Of course I have opted for the Panda (cheap skate that I am) and the total cost is 245 Euros (18 Euros per day), so nearly 30% more than it was in October of last year.

I've just checked Hertz, out of curiosity, and a small car e.g. Fiat 500 is priced at £587 for 14 days ... so it certainly pays to shop around for car hire.
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