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It should be noted that these are rates for one to two persons, with fees being higher for more passengers. Additionally, there are traffic/waiting time fees and rates are higher in the Adeje area.
Rental cars can also be obtained at either airport serving Tenerife where a number of big name rental car companies can be found. Note that some of the discount companies (Cicar, Goldcar) use a policy of pre-payment for fuel, meaning you need to pay for a full tank of fuel when picking up the vehicle, and being allowed to return the car with an (almost) empty tank. If you are not going to drive a full tank's worth, this can add up to a significant additional cost of the rental.
NB, Orlando car hire is situated some distance from the airport, customers being ferried to and from the terminal by mini-bus (and so having to wait for all the passengers to arrive.