Find Rentals
Price Trends
Agencies
FAQs
Panama City

Cheap Car Rentals in Panama City

Driver's age: 26-65
Do 1/8
Do 8/8

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 25 Juli 2024.

January

AED 40

February

AED 44

March

AED 47

April

AED 40

May

AED 40

June

AED 40

July

AED 47

August

AED 44

September

AED 36

October

AED 40

November

AED 33

December

AED 40

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.

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 25 Juli 2024.

Small cars

AED 74 - AED 170

All Car Types

AED 78 - AED 458

To rent a small car in Panama City, Panama, you would pay an average price of AED 59/day. April is the cheapest month to rent a small car in Panama City, Panama (~AED 74/day), while the most expensive month to rent that same car type is September (~AED 170/day). In fact, April is about 25% 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 33% 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.

To rent a SUV in Panama City, Panama, you would pay an average price of AED 105/day. May is the cheapest month to rent a SUV in Panama City, Panama (~AED 78/day), while the most expensive month to rent that same car type is August (~AED 596/day). In fact, May is about 27% 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 17% 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.

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 25 Juli 2024.
Rent a vehicle with one of these top rental car agencies serving Panama City, such as Budget, Dollar and National. Browse through some of the top rental car agencies in Panama City, including Budget, Dollar and National.

Budget

8.4
Very Good
12 reviews•5 locations
Check prices
Overview

Cleanliness

8.7

Comfort

8.6

Overall

8.4

Pick-up/drop-off

8.3

Value

8.0

Dollar

6.4
Okay
5 reviews•8 locations
Check prices
Overview

Cleanliness

7.2

Comfort

6.7

Overall

6.3

Pick-up/drop-off

7.0

Value

6.6

National

6.0
Okay
4 reviews•6 locations
Check prices
Overview

Cleanliness

6.2

Comfort

6.2

Overall

5.8

Pick-up/drop-off

6.0

Value

5.6

Thrifty

5.8
Fair
11 reviews•7 locations
Check prices
Overview

Cleanliness

6.8

Comfort

6.4

Overall

5.7

Pick-up/drop-off

5.8

Value

5.5

Ace

5.7
Fair
3 reviews•3 locations
Check prices
Overview

Cleanliness

7.6

Comfort

7.2

Overall

5.2

Pick-up/drop-off

6.8

Value

5.6

Alamo

5.5
Fair
13 reviews•6 locations
Check prices
Overview

Cleanliness

6.5

Comfort

6.1

Overall

5.5

Pick-up/drop-off

5.4

Value

5.3

Hertz

4.5
Mediocre
8 reviews•6 locations
Check prices
Overview

Cleanliness

6.0

Comfort

5.2

Overall

4.0

Pick-up/drop-off

5.2

Value

3.4

Avis

4.5
Mediocre
7 reviews•4 locations
Check prices
Overview

Cleanliness

5.4

Comfort

5.2

Overall

4.4

Pick-up/drop-off

4.2

Value

4.5

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 25 Juli 2024.

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

    Taking our users’ ratings and reviews into consideration, Budget (8.3 rating), Europcar (7.3 rating) and Dollar (6.6 rating) seem to be the best car hire companies in Panama City.

  • What are petrol prices like in Panama City?

    The average price of petrol in Panama City is AED 3.86/litre over the past month, costing you anywhere between AED 174 and AED 251 to fill up a car’s fuel tank.

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

    Booking early almost always ensures you have more options of car models to choose from, as well as prices reduced by up to 71% to make it a great deal in Panama City. Try to book at least 7 days prior to when you need the car hire to close on a rate below the average.

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

    The length of time you can book a rental for is subject to the inventory of the supplier. When renting a vehicle from Panama City it should be possible to rent a car for a whole month if needed.

  • What car do most people hire in Panama City?

    Hyundai Venue, which is a Compact vehicle, is the most popular to hire at Panama City according to Cheapflights users.

See more FAQs

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 Hire Deals
We make it easy and fast to find and compare deals from 70,000+ hire locations and hundreds of agencies.
No Surprises
Prices shown to you will be completely in full, without any hidden charges or fees.
Free cancellation
Plans change — we get it. And that’s why you can search and book car hire on Cheapflights from agencies that offer free cancellation