Panama

Cheap Car Rentals in Panama

Driver's age: 26-65
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Panama car rentals in 2025

Get helpful information to start your search for the perfect car rental in Panama. The average price data is based on the last 12 months and was last updated on 17 September 2025.

Most common car type

Compact

Cheapflights insights for Panama car rentals

Get relevant, data-driven information to help you hire a car in Panama, including pricing trends, ideal booking times, and more.

How far in advance should I hire a car in Panama?

To get the best deal on car hire in Panama, book about 7 days before your trip. At that point, average daily prices are around ฿222, which is about 1,822% cheaper than the typical rate.

What is the cheapest month to rent a car in Panama?

The cheapest month to hire a car in Panama is October, when you can expect to pay ฿254/day on average. The most expensive month to hire a car in Panama is February (฿444/day on average). The average daily car hire price for each month is shown below. Keep in mind that prices will vary based on availability, when you book, and the type of car you hire.

January

฿412

February

฿444

March

฿380

April

฿380

May

฿349

June

฿349

July

฿380

August

฿380

September

฿285

October

฿254

November

฿349

December

฿412

What car do most people hire in Panama?

The most popular types of cars to hire in Panama are the following: SUV cars (Hyundai Santa Fe or similar), Full-size cars (Hyundai Elantra or similar), and Economy cars (Hyundai Accent or similar).

Which car hire company has the most locations in Panama?

Dollar has 25 locations throughout the area, more than any other company. Automarket Rent a Car has the second-highest number of locations in Panama at 23.

Top rental agencies in Panama

Explore the leading car rental agencies in Panama known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car rental companies in Panama. Reviews were last updated on 17 September 2025.

Thrifty

5.8
Fair
31 reviews16 locations

Budget

8.5
Very Good
26 reviews12 locations

Dollar

6.6
Okay
6 reviews25 locations

National

6.5
Okay
3 reviews11 locations

Avis

6.2
Okay
10 reviews8 locations

Alamo

5.7
Fair
14 reviews11 locations

Hertz

4.6
Mediocre
11 reviews17 locations

Ace

3.8
Poor
3 reviews8 locations

Car rental FAQs

Find answers to frequently asked questions about car rentals in Panama, including policies, requirements, and more. FAQs were last updated on 17 September 2025.
  • What side of the road do you drive on in Panama?

    Cars travel on the right side of the road in Panama.

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