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 34/day on average when booked 7 days ahead, which saves you 183% off the average price.
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?
Planning to hire a car in Panama City? October is the cheapest month, costing about RM 34 per day. In contrast, February is the most expensive, with an average daily rate of RM 59. 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 55
February
RM 59
March
RM 51
April
RM 51
May
RM 46
June
RM 46
July
RM 55
August
RM 55
September
RM 38
October
RM 34
November
RM 46
December
RM 55
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 (Kia Sportage or similar), Compact cars (Kia Sportage or similar), and Intermediate cars (Hyundai Elantra 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. 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.
Book your reservation with one of the top rental car agencies located in Panama City, including Budget, Dollar and National. Skim reviews, rental company locations, prices, and more before making your decision.
Budget
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Dollar
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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.
Can I rent a car for a month in Panama City?
Yes, renting a vehicle in Panama City for a month is certainly possible.