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Cheap Car Rentals in Panama from C$ 7
This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car rental in Panama with a pick-up date of 4/12 and drop-off date of 21/12. Fares are subject to change and may not be available at all agencies or on all dates of rental. Click the price to replicate the search for this deal.
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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 28 October 2025.
Most popular company | Budget |
|---|---|
Most common car type | Economy |
Average price per day | C$ 15 |
Cheapest price per day | C$ 7 |
Popular car types in Panama
Explore the most popular car models available for rent in Panama and choose the one that suits your needs. The price data is sourced from various car rental companies and was last updated on 28 October 2025.
In Panama, there are 231 active rental locations from 27 car rental companies. small car is the cheapest car type to rent in Panama in the past week - currently priced from C$ 7/day. View deals for 5 car types available to rent in this destination:
Economy
C$ 7+
Compact
C$ 7+
Intermediate
C$ 7+
Minivan
C$ 42+
Full-size SUV
C$ 34+
Mini
C$ 7+
Passenger Van
C$ 56+
Luxury
C$ 13+
Compare car rental deals in Panama by type
Here are the best Panama small car rental prices found by Cheapflights users in the past 7 days:
Here are the best Panama medium car rental prices found by Cheapflights users in the past 7 days:
Here are the best Panama SUV rental prices found by Cheapflights users in the past 7 days:
Here are the best Panama van rental prices found by Cheapflights users in the past 7 days:
Here are the best Panama luxury car rental prices found by Cheapflights users in the past 7 days:
Hyundai VelosterC$ 7/day
2
M
A/C
Mini HatchC$ 7/day
2
M
A/C
Toyota YarisC$ 8/day
2
M
A/C
Best car rental deals found in Panama
Browse through a selection of recently found affordable car rental deals in Panama. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Panama with an average daily rate of C$ 42. Data was last updated on 28 October 2025.
Hyundai VelosterC$ 7/day
2
M
A/C
Mini HatchC$ 7/day
2
M
A/C
Ford FusionC$ 7/day
5
M
A/C
Cheapflights insights for Panama car rentals
Get relevant, data-driven information to help you rent a car in Panama, including pricing trends, ideal booking times, and more.
How far in advance should I rent a car in Panama?
For the best savings on car rentals in Panama, make your reservation 7 days before pickup. The average price then is just C$ 11/day – about 24% less than the yearly average.
What is the cheapest rental car company in Panama?
Europcar is currently the cheapest rental car company in Panama with deals as low as C$ 3.64/day found in the past two weeks. Ace is another inexpensive option with rates as low as C$ 4.01/day.
What is the cheapest month to rent a car in Panama?
At Panama, the best time to rent a car is in September, with an average daily rate of just C$ 10. Conversely, November is the priciest month, averaging C$ 32 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.|1#In Panama, the best time to rent a car is in September, with an average daily rate of just C$ 10. Conversely, November is the priciest month, averaging C$ 32 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.
January
C$ 19
February
C$ 20
March
C$ 22
April
C$ 26
May
C$ 17
June
C$ 11
July
C$ 19
August
C$ 12
September
C$ 10
October
C$ 14
November
C$ 32
December
C$ 20
What car do most people rent in Panama?
SUV rentals (Toyota RAV4 or similar) are the most popular option for those visiting Panama. Economy rentals (Kia Picanto or similar) are also a popular choice, followed by Intermediate rentals (Hyundai Accent or similar).
Which car rental 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.
Discover the price range for renting a car in popular cities across Panama, helping you budget and make informed decisions for your upcoming travel. There are 112 pickup locations in Panama to choose from. Price data has been averaged over the last 12 months and was last updated on 28 October 2025.
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 28 October 2025.
Thrifty
31 reviews•18 locations
Budget
26 reviews•14 locations
Dollar
6 reviews•25 locations
National
3 reviews•11 locations
Avis
10 reviews•8 locations
Alamo
14 reviews•11 locations
Hertz
11 reviews•17 locations
Ace
3 reviews•8 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 28 October 2025.
What is the most popular car rental provider in Panama?
When renting a car in Panama, the most popular provider of rental cars among Cheapflights users is Budget, and with prices around C$ 6/day, it’s easy to understand why. The most popular car type from Budget is ECONOMY, which starts as low as C$ 5/day.
What is the cheapest city to get a rental car in Panama?
At C$ 5/day, the cheapest car rental price in Panama was found in David. On average, David has the cheapest daily rental car price (C$ 6/day), which is 51% below average price for cities in Panama.
What side of the road do you drive on in Panama?
In Panama, drivers are expected to drive on the right side of the road.