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Panama City

Cheap Car Rentals in Panama City

Driver's age: 25-65
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Popular car types in Panama City

Explore the most popular car models available for hire in Panama City and choose the one that suits your needs. The price data is sourced from various car hire companies and was last updated on 14 May 2026.
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Economy

Economy

$16+

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Compact

Compact

$29+

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Intermediate

Intermediate

$21+

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People mover

People mover

$55+

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Full-size SUV

Full-size SUV

$61+

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Mini

Mini

$15+

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Passenger van

Passenger van

$172+

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Compact SUV

Compact SUV

$21+

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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 26 days before your trip. At that point, average daily prices are around $17, which is about 18% cheaper than the typical rate.

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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 8.5/10 with 13 reviews). Dollar (rated 6.6/10 with 5 reviews) is also highly rated by our users.

Budget
Budget
8.5
Dollar
Dollar
6.6
National
National
6.2
Thrifty
Thrifty
6.0

What is the cheapest month to hire a car in Panama City?

At Panama City, the best time to rent a car is at September, with an average daily rate of just $15. Conversely, March is the priciest month, averaging $32 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 September, with an average daily rate of just $15. Conversely, March is the priciest month, averaging $32 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.

January

$27

February

$27

March

$32

April

$25

May

$22

June

$19

July

$22

August

$20

September

$15

October

$19

November

$20

December

$27

What car do most people hire in Panama City?

Economy cars (Hyundai Accent or similar) are the most popular option for those visiting Panama City. Intermediate cars (Kia Sportage or similar) are also a popular choice, followed by Premium cars (Toyota Corolla or similar).

Which car hire company has the most locations in Panama City?

Dollar has 21 locations throughout the area, more than any other company. Thrifty has the second-highest number of locations in Panama City at 14.

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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 14 May 2026.

Budget

8.5
Very Good
13 reviews•6 locations
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Overview

Cleanliness

8.8

Comfort

8.6

Overall

8.5

Pick-up/drop-off

8.5

Value

8.2

Dollar

6.6
Okay
5 reviews•21 locations
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Overview

Cleanliness

7.0

Comfort

6.8

Overall

6.6

Pick-up/drop-off

6.6

Value

6.9

National

6.2
Okay
3 reviews•6 locations
Check prices
Overview

Cleanliness

6.3

Comfort

6.3

Overall

6.2

Pick-up/drop-off

6.0

Value

6.0

Thrifty

6.0
Okay
8 reviews•14 locations
Check prices
Overview

Cleanliness

6.9

Comfort

6.4

Overall

6.0

Pick-up/drop-off

6.2

Value

5.9

Alamo

5.7
Fair
11 reviews•6 locations
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Overview

Cleanliness

6.7

Comfort

6.2

Overall

5.7

Pick-up/drop-off

5.6

Value

5.4

Avis

5.6
Fair
12 reviews•4 locations
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Overview

Cleanliness

6.3

Comfort

6.0

Overall

5.6

Pick-up/drop-off

5.4

Value

5.6

Hertz

4.4
Mediocre
5 reviews•6 locations
Check prices
Overview

Cleanliness

5.6

Comfort

5.2

Overall

4.4

Pick-up/drop-off

5.3

Value

4.4

Europcar

3.9
Poor
6 reviews•6 locations
Check prices
Overview

Cleanliness

4.3

Comfort

4.4

Overall

3.9

Pick-up/drop-off

3.9

Value

3.9

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 14 May 2026.

  • How much does it cost to hire a car in Panama City for a week from Economy Rent a Car?

    Economy Rent a Car is one of the most popular car hire companies in Panama City, offering car hire for around $83 per week on average.

  • Can I rent a car for a month in Panama City?

    Yes, renting a vehicle in Panama City for a month is certainly possible.

Car rentals by fuel type in Panama City

Browse car rentals by fuel type in Panama City. Deals were last updated on 14 May 2026.
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Browse through car rental deals by fuel type in Panama City. There is currently 1 fuel type to choose from.

Petrol/Diesel

Petrol/Diesel

$17+

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Airport car hires in Panama City

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