What is the cheapest time to rent a car in Panama City?
Discover the most affordable period to rent a car in Panama City 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 21 February 2025.
January
$22
February
$22
March
$22
April
$19
May
$19
June
$20
July
$22
August
$20
September
$15
October
$13
November
$19
December
$22
Currently, the cheapest month to rent a car in Panama City is October. The most expensive time to rent a car is January. 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.
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 21 February 2025.
Browse through some of the top rental car agencies in Panama City, including Budget, Dollar and Thrifty in Panama City. Be sure to do your research on pricing, reviews, pickup locations, and other important criteria before choosing.
Budget
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Dollar
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Thrifty
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National
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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 21 February 2025.
Which car hire company is considered to be the best in Panama City?
Taking our users’ ratings and reviews into consideration, Budget (8.5 rating), Dollar (6.9 rating) and Thrifty (6.0 rating) seem to be the best car hire companies in Panama City.
What are petrol prices like in Panama City?
The average price of petrol in Panama City is $1.54/litre over the past month, costing you anywhere between $69 and $100 to fill up a car’s fuel tank.
How much does it cost to hire a car in Panama City for a week from Hertz?
Hertz is one of the most popular car hire companies in Panama City, offering car hire for around $183 per week on average.
How far in advance should I hire a car in Panama City for the best price?
Generally, for a better deal in Panama City it’s recommended to book in a timely manner (to save up to 70%). 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.
Can I rent a car for a month in Panama City?
Yes, renting a vehicle in Panama City for a month is certainly possible.
What car do most people hire in Panama City?
The most popular car chosen by those travelling to Panama City is Economy (Kia Picanto) based on our Cheapflights data.