Cheapflights insights for Panama City car rentals
Get relevant, data-driven information to help you hire a car in Panama City, including pricing trends, ideal booking times, and more.
How far in advance should I hire a car in Panama City?
To get the best deal on a rental car in Panama City, book about 7 days before your trip. At that point, average daily prices are around $13, which is about 11% cheaper than the typical rate.
What is the best car rental company in Panama City?
Based on Cheapflights user feedback, the highest-rated car rental company in Panama City is Budget (rated 8.7/10 with 12 reviews). Dollar (rated 6.8/10 with 5 reviews) is also highly rated by our users.
What is the cheapest month to hire a car in Panama City?
At Panama City, the best time to rent a car is at October, with an average daily rate of just $13. Conversely, February is the priciest month, averaging $23 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.|1#In Panama City, the best time to rent a car is in October, with an average daily rate of just $13. Conversely, February is the priciest month, averaging $23 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.
January
$21
February
$23
March
$20
April
$20
May
$18
June
$18
July
$21
August
$21
September
$15
October
$13
November
$18
December
$21
What car do most people hire in Panama City?
SUV cars (Kia Sportage or similar) are the most popular option for those visiting Panama City. Compact cars (Kia Sportage or similar) are also a popular choice, followed by Intermediate cars (Hyundai Elantra or similar).
Which car hire company has the most locations in Panama City?
Automarket Rent a Car has 13 locations throughout the area, more than any other company. Thrifty has the second-highest number of locations in Panama City at 10.
Top rental agencies in Panama City
Explore the leading car hire agencies in Panama City known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car hire companies in Panama City. Reviews were last updated on 6 July 2025.
Browse through some of the top rental car agencies in Panama City, including Budget, Dollar and National in Panama City. Be sure to do your research on pricing, reviews, pickup locations, and other important criteria before choosing.
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National
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Thrifty
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Avis
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Alamo
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Hertz
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Enterprise Rent-A-Car
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Car rental FAQs
Find answers to frequently asked questions about car hires in Panama City, including policies, requirements, and more. FAQs were last updated on 6 July 2025.
Can I rent a car for a month in Panama City?
Yes, renting a vehicle in Panama City for a month is certainly possible.