Cheapflights insights for Panama City car rentals
Get relevant, data-driven information to help you hire a car in Panama City, including pricing trends, ideal booking times, and more.
How far in advance should I hire a car in Panama City?
To get the best deal on car hire in Panama City, book about 7 days before your trip. At that point, average daily prices are around ฿258, which is about 2,128% cheaper than the typical rate.
What is the best car rental company in Panama City?
Based on Cheapflights user feedback, the highest-rated car rental company in Panama City is Budget (rated 8.7/10 with 12 reviews). Dollar (rated 6.8/10 with 5 reviews) is also highly rated by our users.
What is the cheapest month to rent a car in Panama City?
The cheapest month to hire a car in Panama City is October, when you can expect to pay ฿258/day on average. The most expensive month to hire a car in Panama City is February (฿452/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
฿420
February
฿452
March
฿387
April
฿387
May
฿355
June
฿355
July
฿420
August
฿387
September
฿291
October
฿258
November
฿355
December
฿420
What car do most people hire in Panama City?
Compact cars (Kia Sportage or similar) are the most popular option for those visiting Panama City. Full-size cars (Toyota Corolla or similar) are also a popular choice, followed by SUV cars (Kia Sportage or similar).
Which car hire company has the most locations in Panama City?
Automarket Rent a Car has 13 locations throughout the area, more than any other company. Thrifty has the second-highest number of locations in Panama City at 10.
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 14 June 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 14 June 2025.
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.