Panama

Cheap Car Rentals in Panama

Driver's age: 26-65
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Cheapflights insights for Panama car rentals

Get relevant, data-driven information to help you hire a car in Panama, including pricing trends, ideal booking times, and more.

How far in advance should I hire a car in Panama?

Book your car hire in Panama 7 days before your pickup date to maximise your savings. Car hire prices are around RM 47/day on average when booked 7 days ahead, which saves you 163% off the average price.

What is the cheapest month to rent a car in Panama?

At Panama, the best time to rent a car is at June, with an average daily rate of just RM 50. Conversely, January is the priciest month, averaging RM 91 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 RM 50. Conversely, January is the priciest month, averaging RM 91 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.

January

RM 91

February

RM 72

March

RM 77

April

RM 91

May

RM 69

June

RM 50

July

RM 85

August

RM 70

September

RM 69

October

RM 72

November

RM 85

December

RM 79

What car do most people hire in Panama?

Economy cars (Hyundai Accent or similar) are the most popular option for those visiting Panama. Luxury cars (Kia Optima or similar) are also a popular choice, followed by Full-size cars (Hyundai Elantra or similar).

Which car hire 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.

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 17 September 2025.

Thrifty

5.8
Fair
31 reviews16 locations

Budget

8.5
Very Good
26 reviews12 locations

Dollar

6.6
Okay
6 reviews25 locations

National

6.5
Okay
3 reviews11 locations

Avis

6.2
Okay
10 reviews8 locations

Alamo

5.7
Fair
14 reviews11 locations

Hertz

4.6
Mediocre
11 reviews17 locations

Ace

3.8
Poor
3 reviews8 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 17 September 2025.
  • 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.

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