Cheap Car Rentals in Panama City 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 City with a pick-up date of 18/7 and drop-off date of 23/7. 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.
Panama City car rentals in 2025
Get helpful information to start your search for the perfect car rental in Panama City. The average price data is based on the last 12 months and was last updated on 3 July 2025.
Most popular company | ECONOMY |
|---|---|
Price of gas per litre | C$ 1.23 |
Average price per day | C$ 12 |
Cheapest price per day | C$ 7 |
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 3 July 2025.
There are 24 rental agencies servicing Panama City. These agencies, altogether, have 107 rental locations available. Need an affordable rental? medium car is the cheapest car type to rent in Panama City with prices from C$ 7 a day in the previous 7-day period. Here are 5 car types you can rent in Panama City:
Economy
C$ 7+
Compact
C$ 7+
Intermediate
C$ 7+
Minivan
C$ 52+
Full-size SUV
C$ 34+
Mini
C$ 7+
Passenger Van
C$ 47+
Luxury
C$ 15+
Compare car rental deals in Panama City by type
Here are the best Panama City small car rental prices found by Cheapflights users in the past 7 days:
Here are the best Panama City medium car rental prices found by Cheapflights users in the past 7 days:
Here are the best Panama City SUV rental prices found by Cheapflights users in the past 7 days:
Here are the best Panama City van rental prices found by Cheapflights users in the past 7 days:
Here are the best Panama City luxury car rental prices found by Cheapflights users in the past 7 days:
Best car rental deals found in Panama City
Browse through a selection of recently found affordable car rental deals in Panama City. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Panama City with an average daily rate of C$ 24. Data was last updated on 3 July 2025.
The best offers we've found on car rentals in the Panama City area. Double check the details of your car rental reservation before booking to ensure no unwanted surprises.
Cheapflights insights for Panama City car rentals
Get relevant, data-driven information to help you rent a car in Panama City, including pricing trends, ideal booking times, and more.
How far in advance should I rent a car in Panama City?
Book your rental car in Panama City 7 days before your pickup date to maximize your savings. Car rental prices are around C$ 11/day on average when booked 7 days ahead, which saves you 14% off the usual average price.
What is the cheapest rental car company in Panama City?
Europcar is currently the cheapest rental car company in Panama City with deals as low as C$ 5.76/day found in the past two weeks. Fox is another inexpensive option with rates as low as C$ 6.55/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 8.7/10 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 rent a car in Panama City is October, when you can expect to pay C$ 11/day on average. The most expensive month to rent a car in Panama City is February (C$ 19/day on average). The average daily rental 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 rent.
January
C$ 18
February
C$ 19
March
C$ 16
April
C$ 16
May
C$ 15
June
C$ 15
July
C$ 18
August
C$ 18
September
C$ 12
October
C$ 11
November
C$ 15
December
C$ 18
What car do most people rent in Panama City?
SUV rentals (Hyundai Venue, for example) are the most popular in Panama City. Intermediate (Suzuki Grand Vitara) and Compact (Toyota Corolla) rentals are also often chosen by our users when visiting Panama City.
Which car rental 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 3 July 2025.
Have a look at the top rental car agencies available in Panama City, including Budget, Dollar and National. Reviews, pricing info, pickup locations, and other important details are available to aid your decision.
Budget
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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 3 July 2025.
What is the cheapest rental car found in Panama City?
In the past two weeks, Cheapflights users have found many deals under C$ 12/day when booking a rental car in Panama City. The best deal a user found was for C$ 8/day from Europcar, booked on Jun. 29.
How much does it cost to rent a car in Panama City for a week from Economy Rent a Car?
Economy Rent a Car is one of the most popular car rental companies in Panama City, offering car rentals for around C$ 73 per week on average.
Can I rent a car for a month in Panama City?
Yes, you can rent a car for a month in Panama City check Cheapflights for the latest prices and car type availability.
How much does it cost to rent a car in Panama City for a month?
Generally, a month-long car rental in Panama City can be found for about C$ 315, with the average price for a rental being around C$ 10 a day. Book with Europcar, to take advantage of their cheap prices and pay 50% less compared to the average price of car rentals in Panama City.
How much is a car rental in Panama City for a weekend?
C$ 18 is typically the average cost for a rental car for the weekend in Panama City, though this could vary depending on the time of year. If you’re on a budget when travelling to Panama City, then opt for a Economy rental vehicle - these tend to be the most affordable on weekends. In the month of August, you can expect to find car rental prices on Cheapflights for as low as C$ 20/day.