Find Rentals
Rental Deals
Insights
Agencies
FAQs
Panama City

Cheap Car Rentals in Panama City from RM 74

This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car hire in Panama City with a pick-up date of 19/3 and drop-off date of 1/4. Fares are subject to change and may not be available at all agencies or on all dates of hire. Click the price to replicate the search for this deal.
Driver's age: 25-65
Here’s why our users search for rental cars through Cheapflights

Price trackingHolding out for a great deal? Get notified when prices are reduced.

Customized resultsFilter by rental agency, car type, price range and more.

Unlimited free useSearch as many times as you want with no hidden charges or fees.

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 RM 141. Data was last updated on 4 February 2026.
Perodua MyviRM 74/day
2
M
A/C
Perodua Myvi
Found 02/02/26
Perodua MyviRM 76/day
2
M
A/C
Perodua Myvi
Found 02/02/26
Honda JazzRM 81/day
4
M
A/C
Honda Jazz
Found 02/02/26

Cheapflights insights for Panama City car rentals

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

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

Book your car hire in Panama City 7 days before your pickup date to maximise your savings. Car hire prices are around RM 31/day on average when booked 7 days ahead, which saves you 155% off the average price.

Find deals

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 6.5/10 with 4 reviews) is also highly rated by our users.

Budget
Budget
8.7
Dollar
Dollar
6.5
National
National
6.2
Thrifty
Thrifty
6.0

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

Planning to hire a car in Panama City? September is the cheapest month, costing about RM 35 per day. In contrast, December is the most expensive, with an average daily rate of RM 63. Monthly average car hire prices are listed below. Remember, prices can change based on when you book, the type of car, and availability.

January

RM 59

February

RM 55

March

RM 47

April

RM 47

May

RM 43

June

RM 43

July

RM 47

August

RM 47

September

RM 35

October

RM 43

November

RM 43

December

RM 63

What car do most people hire in Panama City?

The most popular types of cars to hire in Panama City are the following: SUV cars (Hyundai Santa Fe or similar), Intermediate cars (Kia Sportage or similar), and Full-size cars (Toyota Corolla or similar).

Which car hire company has the most locations in Panama City?

Automarket Rent a Car has 13 locations throughout the area, more than any other company. Dollar has the second-highest number of locations in Panama City at 12.

Find deals

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 4 February 2026.

Budget

8.7
Very Good
12 reviews•6 locations
Check prices
Overview

Cleanliness

9.0

Comfort

8.8

Overall

8.7

Pick-up/drop-off

8.7

Value

8.4

Dollar

6.5
Okay
4 reviews•12 locations
Check prices
Overview

Cleanliness

7.0

Comfort

6.7

Overall

6.5

Pick-up/drop-off

6.5

Value

6.8

National

6.2
Okay
3 reviews•6 locations
Check prices
Overview

Cleanliness

6.3

Comfort

6.3

Overall

6.2

Pick-up/drop-off

6.0

Value

6.0

Thrifty

6.0
Okay
7 reviews•9 locations
Check prices
Overview

Cleanliness

6.9

Comfort

6.4

Overall

6.0

Pick-up/drop-off

6.2

Value

5.9

Avis

5.9
Fair
10 reviews•4 locations
Check prices
Overview

Cleanliness

6.7

Comfort

6.5

Overall

5.9

Pick-up/drop-off

5.8

Value

6.0

Alamo

5.7
Fair
11 reviews•6 locations
Check prices
Overview

Cleanliness

6.7

Comfort

6.2

Overall

5.7

Pick-up/drop-off

5.6

Value

5.4

Hertz

4.8
Mediocre
6 reviews•6 locations
Check prices
Overview

Cleanliness

6.0

Comfort

5.5

Overall

4.8

Pick-up/drop-off

5.4

Value

4.5

Enterprise Rent-A-Car

3.3
Poor
3 reviews•4 locations
Check prices
Overview

Cleanliness

5.9

Comfort

4.6

Overall

3.3

Pick-up/drop-off

3.9

Value

4.6

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 4 February 2026.

  • Can I rent a car for a month in Panama City?

    Yes, renting a vehicle in Panama City for a month is certainly possible.

Browse thousands of different options on Cheapflights for your next trip

Toggle through the tabs below to find thousands of options on Cheapflights for your next trip.

Airport car hires in Panama City

Hire a car at one of these airports in the Panama City area
Panama City Tocumen Intl Airport car rentals

Best Car Rental Deals

We make it easy and fast to find and compare deals from 70,000+ rental locations and hundreds of agencies.

No surprises

Prices shown to you will be final, without any hidden charges or fees.

Free cancellation

Plans change – we get it. And that’s why you can search and book rental cars on Cheapflights from agencies that offer free cancellation