What is the cheapest time to rent a car in Panama?
Discover the most affordable period to rent a car in Panama and save money on your trip. The monthly average price data is based on historical data over the last year and was last updated on 29 November 2023.
January
$24
February
$26
March
$21
April
$21
May
$14
June
$21
July
$21
August
$18
September
$16
October
$16
November
$14
December
$19
Currently, the cheapest month to rent a car in Panama is May. The most expensive time to rent a car is February. The cheapest prices for each month are shown above, but prices will vary based on availability, how far out you book your rental car, and of course, car type.
Compare available car types for rental in Panama
Compare and contrast the various car types offered for hire in Panama to find the perfect fit for your trip. Price data is based on averages over the last 12 months and was last updated on 29 November 2023.
Small cars | $6 - $211 | |
|---|---|---|
All Car Types | $6 - $175 |
To hire a small car in Panama, you would pay an average price of $25/day. May is the cheapest month to hire a small car in Panama (~$6/day), while the most expensive month to hire that same car type is August (~$211/day). In fact, May is about 77% cheaper than prices during the rest of the year to book a small car hire for Panama. When comparing with other car types available for hire in Panama, hiring a small car saves you 43% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity.
To hire a medium car in Panama, you would pay an average price of $25/day. September is the cheapest month to hire a medium car in Panama (~$17/day), while the most expensive month to hire that same car type is July (~$67/day). In fact, September is about 32% cheaper than prices during the rest of the year to book a medium car hire for Panama. When comparing with other car types available for hire in Panama, hiring a medium car saves you 45% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity.
To hire a SUV in Panama, you would pay an average price of $46/day. December is the cheapest month to hire a SUV in Panama (~$17/day), while the most expensive month to hire that same car type is August (~$229/day). In fact, December is about 64% cheaper than prices during the rest of the year to book a SUV hire for Panama. When comparing with other car types available for hire in Panama, hiring a SUV is 5% more expensive. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity.
Top rental agencies in Panama
Explore the leading car hire agencies in Panama known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car hire companies in Panama. Reviews were last updated on 29 November 2023.
Hertz
Dollar
Thrifty
Budget
Alamo
Firefly
National
Avis
Car rental FAQs
Find answers to frequently asked questions about car hires in Panama, including policies, requirements, and more. FAQs were last updated on 29 November 2023.
Which car hire company is considered to be the best in Panama?
Taking our users’ ratings and reviews into consideration, Budget (8.4 rating), Ace (8.2 rating) and Dollar (7.8 rating) seem to be the best car hire companies in Panama.
What is the most popular car hire provider in Panama?
The most popular car hire company at Panama is Alamo. With prices on INTERMEDIATE starting at $52/day about 23% more people book with Alamo than other companies in the country.
What is the cheapest city to get a rental car in Panama?
At $38/day, the cheapest car rental price in Panama was found in David. On average, David has the cheapest daily rental car price ($39/day), which is 0% below average price for cities in Panama.
What side of the road do you drive on in Panama?
Cars travel on the right side of the road in Panama.