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Panama City

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 72 hours by searching for a car rental in Panama City with a pick-up date of 1/9 and drop-off date of 30/9. 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.
Driver's age: 26-65
Thu 25/7
Thu 1/8

Panama City car rentals in 2024

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 18 July 2024.

Most popular company

BUDGET

Price of gas per litre

C$ 1.40

Average price per day

C$ 22

Cheapest price per day

C$ 7

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

Discover the most affordable period to rent a car in Panama City and save money on your trip. The monthly average price data is based on historical data over the last year and was last updated on 18 July 2024.

January

C$ 13

February

C$ 16

March

C$ 17

April

C$ 15

May

C$ 15

June

C$ 15

July

C$ 17

August

C$ 15

September

C$ 13

October

C$ 15

November

C$ 12

December

C$ 15

Currently, the cheapest month to rent a car in Panama City is November. The most expensive time to rent a car is March. The cheapest prices for each month are shown above, but prices will vary based on availability, how far out you book your rental car, and of course, car type.

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 18 July 2024.

There are 23 rental agencies servicing Panama City. These agencies, altogether, have 89 rental locations available. Need an affordable rental? small car is the cheapest car type to rent in Panama City with prices from C$ 8 a day in the previous 7-day period. Here are 5 car types you can rent in Panama City:

Economy

Economy

C$ 7+

Compact

Compact

C$ 8+

Intermediate

Intermediate

C$ 9+

Minivan

Minivan

C$ 82+

Full-size SUV

Full-size SUV

C$ 37+

Mini

Mini

C$ 7+

Premium SUV

Premium SUV

C$ 40+

Compact SUV

Compact SUV

C$ 10+

Compare available car types for rental in Panama City

Compare and contrast the various car types offered for rental in Panama City to find the perfect fit for your trip. Price data is based on averages over the last 12 months and was last updated on 18 July 2024.

Small cars

C$ 9 - C$ 29

All Car Types

C$ 21 - C$ 45

To rent a small car in Panama City, Panama, you would pay an average price of C$ 15/day. September is the cheapest month to rent a small car in Panama City, Panama (~C$ 9/day), while the most expensive month to rent that same car type is April (~C$ 29/day). In fact, September is about 44% cheaper than prices during the rest of the year to book a small car rental for Panama City. When comparing with other car types available for rental in Panama City, renting a small car saves you 47% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama City small car rental prices found by Cheapflights users in the past 7 days:

To rent a medium car in Panama City, Panama, you would pay an average price of C$ 27/day. September is the cheapest month to rent a medium car in Panama City, Panama (~C$ 18/day), while the most expensive month to rent that same car type is December (~C$ 38/day). In fact, September is about 34% cheaper than prices during the rest of the year to book a medium car rental for Panama City. When comparing with other car types available for rental in Panama City, renting a medium car saves you 10% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama City medium car rental prices found by Cheapflights users in the past 7 days:

To rent a large car in Panama City, Panama, you would pay an average price of C$ 54/day. October is the cheapest month to rent a large car in Panama City, Panama (~C$ 26/day), while the most expensive month to rent that same car type is November (~C$ 86/day). In fact, October is about 53% cheaper than prices during the rest of the year to book a large car rental for Panama City. When comparing with other car types available for rental in Panama City, renting a large car is 46% more expensive. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity.

To rent a SUV in Panama City, Panama, you would pay an average price of C$ 32/day. August is the cheapest month to rent a SUV in Panama City, Panama (~C$ 19/day), while the most expensive month to rent that same car type is November (~C$ 45/day). In fact, August is about 43% cheaper than prices during the rest of the year to book a SUV rental for Panama City. When comparing with other car types available for rental in Panama City, renting a SUV is 10% more expensive. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama City SUV rental prices found by Cheapflights users in the past 7 days:

To rent a van in Panama City, Panama, you would pay an average price of C$ 67/day. November is the cheapest month to rent a van in Panama City, Panama (~C$ 56/day), while the most expensive month to rent that same car type is March (~C$ 96/day). In fact, November is about 18% cheaper than prices during the rest of the year to book a van rental for Panama City. When comparing with other car types available for rental in Panama City, renting a van is 56% more expensive. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama City van rental prices found by Cheapflights users in the past 7 days:

To rent a luxury car in Panama City, Panama, you would pay an average price of C$ 71/day. November is the cheapest month to rent a luxury car in Panama City, Panama (~C$ 36/day), while the most expensive month to rent that same car type is December (~C$ 136/day). In fact, November is about 50% cheaper than prices during the rest of the year to book a luxury car rental for Panama City. When comparing with other car types available for rental in Panama City, renting a luxury car is 58% more expensive. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama City luxury car rental prices found by Cheapflights users in the past 7 days:

Hyundai AccentC$ 8/day
4
M
A/C
Hyundai Accent

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 18 July 2024.
Have a look at the top rental car agencies available in Panama City, including Thrifty, Budget and Dollar. Reviews, pricing info, pickup locations, and other important details are available to aid your decision.

Thrifty

5.8
Fair
42 reviews7 locations
Overview

Cleanliness

6.8

Comfort

6.4

Overall

5.7

Pick-up/drop-off

5.8

Value

5.5

Budget

8.4
Very good
16 reviews5 locations
Overview

Cleanliness

8.7

Comfort

8.6

Overall

8.4

Pick-up/drop-off

8.3

Value

8.0

Dollar

6.5
Okay
16 reviews8 locations
Overview

Cleanliness

7.4

Comfort

6.9

Overall

6.5

Pick-up/drop-off

7.1

Value

6.3

National

6.0
Okay
7 reviews6 locations
Overview

Cleanliness

6.2

Comfort

6.2

Overall

5.8

Pick-up/drop-off

6.0

Value

5.6

Ace

5.7
Fair
17 reviews3 locations
Overview

Cleanliness

7.6

Comfort

7.2

Overall

5.2

Pick-up/drop-off

6.8

Value

5.6

Alamo

5.5
Fair
22 reviews6 locations
Overview

Cleanliness

6.5

Comfort

6.1

Overall

5.5

Pick-up/drop-off

5.4

Value

5.3

Hertz

4.5
Mediocre
9 reviews6 locations
Overview

Cleanliness

6.0

Comfort

5.2

Overall

4.0

Pick-up/drop-off

5.2

Value

3.4

Avis

4.5
Mediocre
16 reviews4 locations
Overview

Cleanliness

5.4

Comfort

5.2

Overall

4.4

Pick-up/drop-off

4.2

Value

4.5

Best Panama City car rental deals found

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 18 July 2024.
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.
Honda FitC$ 7/day
2
5
M
A/C
Honda Fit
Toyota YarisC$ 7/day
2
M
A/C
Toyota Yaris
Kia RioC$ 8/day
4
4
M
A/C
Kia Rio

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 18 July 2024.
  • What is the cheapest rental car found in Panama City?

    In the past two weeks, Cheapflights users have found many deals under C$ 22/day when booking a rental car in Panama City. The best deal a user found was for C$ 10/day from Avis, booked on Jul. 14.

  • What car rental company is typically the cheapest in Panama City?

    According to our data, users have found the cheapest deals when booking a car hire in Panama City from the following companies over the past two weeks: NU Car (C$ 7/day), Europcar (C$ 7/day), and Economy Rent a Car (C$ 7/day).

  • Which car rental company is considered to be the best in Panama City?

    Taking our users’ ratings and reviews into consideration, Budget (8.3 rating), Dollar (6.7 rating) and Ace (6.0 rating) seem to be the best rental car companies in Panama City.

  • What are gas prices like in Panama City?

    The average gas price in Panama City is C$ 1.40/litre over the past month, costing you anywhere between C$ 63 and C$ 91 to fill up a car’s gas tank.

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

    Budget is one of the most popular car rental companies in Panama City, offering car rentals for around C$ 227 per week on average.

  • How far in advance should I rent a car in Panama City for the best price?

    Booking early can save you upwards of 71% on your rental. Booking your vehicle at least 7 days in advance can you get you a great below-average price in Panama City.

  • 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$ 975, with the average price for a rental being around C$ 32 a day. Book with Avis, to take advantage of their cheap prices and pay 80% 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$ 0 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 Mini 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$ 19/day.

  • What car do most people rent in Panama City?

    The most popular car chosen by those travelling to Panama City is Mini (Kia Picanto) based on our Cheapflights data.

See more FAQs

Car rentals by fuel type in Panama City

Browse car rentals by fuel type in Panama City. Deals were last updated on 18 July 2024.

Browse through car rental deals by fuel type in Panama City. There is currently 1 fuel type to choose from.

Gas/Diesel

Gas/Diesel

C$ 31+

Airport car rentals in Panama City
Rent a car at one of these airports in the Panama City area

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