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Panama City

Cheap Car Rentals in Panama City

Driver's age: 25-65
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Popular car types in Panama City

Explore the most popular car models available for rent in Panama City and choose the one that suits your needs. The price data is sourced from various car rental companies and was last updated on 11 August 2026.
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Economy

Economy

฿752+

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Compact

Compact

฿760+

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Intermediate

Intermediate

฿897+

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Full-size

Full-size

฿1,234+

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SUV

SUV

฿1,586+

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Minivan

Minivan

฿6,120+

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Full-size SUV

Full-size SUV

฿4,377+

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Mini

Mini

฿610+

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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 2 days before your trip. At that point, average daily prices are around ฿331, which is about 2,344% cheaper than the typical rate.

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What is the cheapest car hire company in Panama City?

Looking to hire a car in Panama City? Ace had the lowest prices in the past two weeks, starting at only ฿6.69/day. Budget also offers competitive rates, with deals beginning at ฿6.75/day.

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 8.6/10 with 13 reviews). Fox (rated 8.0/10) is also highly rated by our users.

Budget
Budget
8.6
Fox
Fox
8.0
National
National
6.4
Thrifty
Thrifty
6.1

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

The cheapest month to hire a car in Panama City is September, when you can expect to pay ฿298/day on average. The most expensive month to hire a car in Panama City is March (฿662/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

฿530

February

฿563

March

฿662

April

฿496

May

฿430

June

฿364

July

฿397

August

฿331

September

฿298

October

฿364

November

฿397

December

฿530

What car do most people hire in Panama City?

Intermediate cars (Toyota Camry or similar) are the most popular option for those visiting Panama City. SUV cars (Hyundai Santa Fe or similar) are also a popular choice, followed by Economy cars (Hyundai Accent or similar).

Which car hire company has the most locations in Panama City?

Avis has 4 locations throughout the area, more than any other company. Automarket Rent a Car has the second-highest number of locations in Panama City at 13.

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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 11 August 2026.

Budget

8.6
Very Good
13 reviews•6 locations
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Overview

Cleanliness

8.8

Comfort

8.7

Overall

8.6

Pick-up/drop-off

8.5

Value

8.3

Fox

3 locations
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Overview

Cleanliness

8.0

Comfort

8.0

Overall

8.0

Pick-up/drop-off

8.0

Value

8.0

National

6.4
Okay
2 reviews•6 locations
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Overview

Cleanliness

6.5

Comfort

6.5

Overall

6.4

Pick-up/drop-off

6.3

Value

6.3

Thrifty

6.1
Okay
7 reviews•14 locations
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Overview

Cleanliness

6.9

Comfort

6.4

Overall

6.1

Pick-up/drop-off

6.3

Value

6.0

Avis

5.7
Fair
15 reviews•4 locations
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Overview

Cleanliness

6.4

Comfort

6.1

Overall

5.7

Pick-up/drop-off

5.5

Value

5.7

Hertz

4.4
Mediocre
5 reviews•6 locations
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Overview

Cleanliness

5.6

Comfort

5.2

Overall

4.4

Pick-up/drop-off

5.3

Value

4.4

Europcar

4.1
Mediocre
5 reviews•6 locations
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Overview

Cleanliness

4.5

Comfort

4.7

Overall

4.1

Pick-up/drop-off

4.1

Value

4.1

Ace

3.0
Poor
2 reviews•3 locations
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Overview

Cleanliness

5.0

Comfort

4.6

Overall

3.0

Pick-up/drop-off

4.0

Value

4.0

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 11 August 2026.

  • How much does it cost to hire a car in Panama City for a week from Ace?

    Ace is one of the top picks in Panama City. They can have you in a hire car for about ฿16,685 per week on 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.

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