January
$19
February
$23
March
$23
April
$19
May
$19
June
$19
July
$23
August
$21
September
$15
October
$14
November
$19
December
$21
Currently, the cheapest month to rent a car in Panama City is October. 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.
At $16/day, small car is the cheapest car type available for hire in Panama City in the past week. Out of 24 car hire agencies operating in Panama City, there are, in total, 95 hire locations. View below for 4 offered car types:
Budget
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Dollar
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Thrifty
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National
Cleanliness
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Ace
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Alamo
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Avis
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Hertz
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According to our data, users have found the cheapest deals when booking a rental car in Panama City from the following companies over the past two weeks: Ace ($16/day), Dollar ($36/day), and Sixt ($52/day).
Taking our users’ ratings and reviews into consideration, Budget (8.3 rating), Dollar (6.6 rating) and Ace (6.0 rating) seem to be the best car hire companies in Panama City.
The average price of petrol in Panama City is $1.57/litre over the past month, costing you anywhere between $70 and $101 to fill up a car’s fuel tank.
Europcar is one of the most popular car hire companies in Panama City, offering car hire for around $428 per week on average.
Generally, for a better deal in Panama City it’s recommended to book in a timely manner (to save up to 69%). Cheapflights recommends you book around 7 days prior to your pickup date. Booking as early as you can also increases the likelihood that you’ll get the ideal car.
Yes, renting a vehicle in Panama City for a month is certainly possible.
For a weekend car hire in Panama City, you can expect the average price to be around $0. Usually a Economy hire in Panama City is your cheapest weekend car hire option, though you should always check Cheapflights to see if there are other deals on alternative car hire types. If you do opt for hiring a Economy for January, it will cost approximately $0 per day.
The most popular car chosen by those travelling to Panama City is Economy (Volkswagen Polo) based on our Cheapflights data.