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 28 April 2025.
January
฿434
February
฿467
March
฿400
April
฿400
May
฿367
June
฿400
July
฿467
August
฿400
September
฿300
October
฿267
November
฿367
December
฿434
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.
Top rental agencies in Panama City
Explore the leading car rental agencies in Panama City known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car rental companies in Panama City. Reviews were last updated on 28 April 2025.
Rent a vehicle with one of these top rental car agencies serving Panama City, such as Budget, Dollar and National. Reviews, pricing info, pickup locations, and other important details are available to aid your decision.
Budget
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Dollar
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National
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Thrifty
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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 rentals in Panama City, including policies, requirements, and more. FAQs were last updated on 28 April 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 ฿29.40/litre over the past month, costing you anywhere between ฿1,323 and ฿1,911 to fill up a car’s fuel tank.
How far in advance should I hire a car in Panama City for the best price?
Booking early almost always ensures you have more options of car models to choose from, as well as prices reduced by up to 70% to make it a great deal in Panama City. Try to book at least 7 days prior to when you need the car hire to close on a rate below the average.
Can I rent a car for a month in Panama City?
The length of time you can book a rental for is subject to the inventory of the supplier. When renting a vehicle from Panama City it should be possible to rent a car for a whole month if needed.
What car do most people hire in Panama City?
The most popular car chosen by those travelling to Panama City is Compact (Hyundai Venue) based on our Cheapflights data.