Out of all the popular cities in Europe, Bucharest is the cheapest city to rent a car in at just $2/day. Renting a car in Bucharest is 85% cheaper than renting one in Dublin where the per day rate is around $13.
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Car rental rates were very high in Italy when I checked in August for September. $1875 for a compact in Italy vs $825 in France for similar car. Most credit cards also do not cover rental car insurance in Italy. Drop off fees may be less than the increased costs of renting in Italy.
But, do you need to rent a car during your trip to Spain at all? It actually depends on your agenda and where exactly you're planning to travel. If your main goal is only to spend time in cities like Barcelona, Madrid, Valencia, Seville or Málaga, you don't need a car. In fact, having one will make your life harder.