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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 18/8 and drop-off date of 25/8. 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 29 July 2025.
Most popular company | Economy Rent a Car |
|---|---|
Most common car type | Compact |
Average price per day | C$ 19 |
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 29 July 2025.
In Panama, there are 209 active rental locations from 26 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 6 car types available to rent in this destination:
Economy
C$ 7+
Compact
C$ 7+
Intermediate
C$ 7+
Minivan
C$ 51+
Full-size SUV
C$ 40+
Mini
C$ 7+
Passenger Van
C$ 65+
Luxury
C$ 15+
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 pick-up truck 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:
Kia RioC$ 7/day
2
4
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$ 32. Data was last updated on 29 July 2025.
Take a peek at some options we've found for car rentals in Panama, including locations near Panama City, Río Hato and David. If these deals don't match what you're looking for, not to worry -- deals are updated on a regular basis.
Kia RioC$ 7/day
2
4
M
A/C
Nissan AltimaC$ 7/day
5
4
M
A/C
Ford FiestaC$ 7/day
4
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 23% less than the yearly average.
What is the cheapest rental car company in Panama?
Ace is currently the cheapest rental car company in Panama with deals as low as C$ 7.23/day found in the past two weeks. Europcar is another inexpensive option with rates as low as C$ 7.40/day.
What is the cheapest month to rent a car in Panama?
At Panama, the best time to rent a car is in June, with an average daily rate of just C$ 11. 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 June, with an average daily rate of just C$ 11. 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$ 19
March
C$ 23
April
C$ 25
May
C$ 17
June
C$ 11
July
C$ 19
August
C$ 16
September
C$ 21
October
C$ 13
November
C$ 32
December
C$ 24
What car do most people rent in Panama?
SUV rentals (Toyota Fortuner or similar) are the most popular option for those visiting Panama. Premium rentals (Toyota Fortuner or similar) are also a popular choice, followed by Economy rentals (Class Economy Car or similar).
Which car rental company has the most locations in Panama?
Automarket Rent a Car has 23 locations throughout the area, more than any other company. Dollar has the second-highest number of locations in Panama at 19.
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 103 pickup locations in Panama to choose from. Price data has been averaged over the last 12 months and was last updated on 29 July 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 29 July 2025.
Have a look at the top rental car agencies available in Panama, including those that serve Panama City, Río Hato and David. See what past customers have to say, compare prices, and review other key details before deciding.
Thrifty
31 reviews•17 locations
Overview
Cleanliness
6.5
Comfort
6.1
Overall
5.6
Pick-up/drop-off
6.1
Value
5.6
Budget
26 reviews•12 locations
Overview
Cleanliness
8.7
Comfort
8.6
Overall
8.5
Pick-up/drop-off
8.6
Value
8.3
Dollar
6 reviews•19 locations
Overview
Cleanliness
7.5
Comfort
7.2
Overall
7.1
Pick-up/drop-off
6.7
Value
6.9
National
3 reviews•11 locations
Overview
Cleanliness
6.2
Comfort
6.3
Overall
6.1
Pick-up/drop-off
5.8
Value
5.8
Avis
10 reviews•8 locations
Overview
Cleanliness
6.9
Comfort
6.6
Overall
6.1
Pick-up/drop-off
5.9
Value
6.2
Alamo
15 reviews•11 locations
Overview
Cleanliness
6.8
Comfort
6.4
Overall
5.9
Pick-up/drop-off
5.9
Value
5.5
Hertz
11 reviews•17 locations
Overview
Cleanliness
6.6
Comfort
6.0
Overall
4.6
Pick-up/drop-off
5.3
Value
3.9
Ace
3 reviews•8 locations
Overview
Cleanliness
5.5
Comfort
5.3
Overall
3.7
Pick-up/drop-off
4.4
Value
4.6
Car rental FAQs
Find answers to frequently asked questions about car rentals in Panama, including policies, requirements, and more. FAQs were last updated on 29 July 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 Ace, and with prices around C$ 20/day, it’s easy to understand why. The most popular car type from Ace is ECONOMY, which starts as low as C$ 7/day.
What is the cheapest city to get a rental car in Panama?
At C$ 10/day, the cheapest car rental price in Panama was found in Panama City. On average, Panama City has the cheapest daily rental car price (C$ 12/day), which is 38% 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.