Cheap Car Rentals in Panama City from $13
This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car hire in Panama City with a pick-up date of 16/2 and drop-off date of 18/2. Fares are subject to change and may not be available at all agencies or on all dates of hire. Click the price to replicate the search for this deal.
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 16 January 2025.
January
$21
February
$23
March
$23
April
$19
May
$19
June
$19
July
$23
August
$21
September
$16
October
$14
November
$19
December
$23
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.
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 16 January 2025.
At $13/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 3 offered car types:
Economy
$13+
Intermediate
$73+
Standard
$28+
People mover
$137+
Full-size SUV
$113+
Mini
$46+
Premium SUV
$117+
Compact SUV
$29+
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 16 January 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.
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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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Ace
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Best Panama City car rental deals found
Browse through a selection of recently found affordable car hire deals in Panama City. Plan your trip with ease and find the perfect hire option for your needs. There are currently 8 hire car agencies in Panama City with an average daily rate of $66. Data was last updated on 16 January 2025.
These are the best deals we've found on rentals cars in Panama City. If these deals don't completely appeal to you, check back soon for alternative offers.
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 16 January 2025.
What car hire company is typically the cheapest in Panama City?
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 ($13/day), Hertz ($19/day), and Budget ($73/day).
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 (7.0 rating) and Thrifty (6.1 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 $1.57/litre over the past month, costing you anywhere between $71 and $102 to fill up a car’s fuel tank.
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 67%). 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 Intermediate (Hyundai Accent) based on our Cheapflights data.