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.
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.
Hertz
Dollar
Thrifty
Budget
Alamo
Firefly
National
Avis
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.
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.
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.
Cars travel on the right side of the road in Panama.