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Panama

Cheap Car Rentals in Panama from C$ 7

Driver's age: 25-65
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Panama car rentals in 2026

Most popular company

Europcar

Most common car type

Intermediate

Average price per day

C$ 18

Cheapest price per day

C$ 7
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Popular car types in Panama

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In Panama, there are 270 active rental locations from 31 car rental companies. medium 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

Economy

C$ 7+

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Compact

Compact

C$ 7+

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Intermediate

Intermediate

C$ 7+

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Full-size

Full-size

C$ 7+

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SUV

SUV

C$ 7+

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Minivan

Minivan

C$ 37+

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Full-size SUV

Full-size SUV

C$ 19+

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Mini

Mini

C$ 7+

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Best car rental deals found in Panama

Tesla Model 3C$ 7/day
Tesla Model 3
Found 10/23/26
Toyota YarisC$ 7/day
Toyota Yaris
Found 10/23/26
Mazda Mazda2C$ 7/day
Mazda Mazda2
Found 10/24/26

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$ 13/day – about 12% less than the yearly average.

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What is the cheapest rental car company in Panama?

Budget is currently the cheapest rental car company in Panama with deals as low as C$ 4.46/day found in the past two weeks. Fox is another inexpensive option with rates as low as C$ 4.88/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$ 14. Conversely, March is the priciest month, averaging C$ 28 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$ 14. Conversely, March is the priciest month, averaging C$ 28 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$ 23

March

C$ 28

April

C$ 22

May

C$ 20

June

C$ 16

July

C$ 20

August

C$ 17

September

C$ 14

October

C$ 15

November

C$ 16

December

C$ 20

What car do most people rent in Panama?

SUV rentals (Subaru Forester or similar) are the most popular option for those visiting Panama. Economy rentals (Toyota Yaris or similar) are also a popular choice, followed by Mini rentals (Kia Picanto or similar).

Which car rental company has the most locations in Panama?

Avis has 8 locations throughout the area, more than any other company. Automarket Rent a Car has the second-highest number of locations in Panama at 23.

What are the car rental prices for popular cities in Panama?

Among the most popular cities in Panama, David offers the lowest average rental price at just C$ 6/day. Other affordable options include Panama City (C$ 7/day), Río Hato (C$ 8/day), and Bocas del Toro (C$ 179/day).

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Top rental agencies in Panama

Budget

8.5
Very good
26 reviews•14 locations
Check prices
Overview

Cleanliness

8.8

Comfort

8.6

Overall

8.5

Pick-up/drop-off

8.6

Value

8.3

National

7.0
Good
2 reviews•12 locations
Check prices
Overview

Cleanliness

7.1

Comfort

7.2

Overall

7.0

Pick-up/drop-off

6.8

Value

6.8

Thrifty

5.9
Fair
26 reviews•25 locations
Check prices
Overview

Cleanliness

6.7

Comfort

6.2

Overall

5.9

Pick-up/drop-off

6.2

Value

5.7

Avis

5.7
Fair
17 reviews•8 locations
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Overview

Cleanliness

6.3

Comfort

6.0

Overall

5.7

Pick-up/drop-off

5.5

Value

5.7

Hertz

4.4
Mediocre
10 reviews•18 locations
Check prices
Overview

Cleanliness

6.4

Comfort

6.0

Overall

4.4

Pick-up/drop-off

5.5

Value

4.0

Europcar

4.3
Mediocre
4 reviews•8 locations
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Overview

Cleanliness

5.2

Comfort

5.2

Overall

4.3

Pick-up/drop-off

4.1

Value

4.3

Ace

3.8
Poor
2 reviews•8 locations
Check prices
Overview

Cleanliness

5.0

Comfort

4.9

Overall

3.8

Pick-up/drop-off

4.0

Value

4.4

Automarket Rent a Car

23 locations
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Car rental FAQs

  • 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 Avis, and with prices around C$ 9/day, it’s easy to understand why. The most popular car type from Avis is COMPACT, which starts as low as C$ 7/day.

  • What is the cheapest city to get a rental car in Panama?

    At C$ 8/day, the cheapest car rental price in Panama was found in Río Hato. On average, Boquete has the cheapest daily rental car price (C$ 13/day), which is 36% 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.

Car rentals by fuel type in Panama

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

Gas/Diesel

Gas/Diesel

C$ 5+

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Airport car rentals in Panama

Panama City Tocumen Intl Airport car rentals

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