My car cost me £800 approx a year ago. I spent £150 on new tyres and I've since driven it almost 10K miles without much other than the odd oil change and brake pads etc.
Add on insurance and tax and it'd be about 14-1600 annually if it exploded tomorrow.
That's £5 a day. But there is literally nowhere I can rent a car for that. I can't do 10, 15, etc.
And that £5 is an overestimate of the cost based on it having a residual value of 0 after 1 year.
Mainstream car companies universally rent out cars that are far newer than most cars on the road.
I get that renting out absolute bangers might be hard to manage, but surely there's a middle ground here.
I would sell my car and rent if I could do so for less than 2x the all-in price of my current one, but I can't even get remotely close.