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?
Book your rental car in Panama 7 days before your pickup date to maximize your savings. Car rental prices are around ₱664/day on average when booked 7 days ahead, which saves you 3,618% off the average price.
What is the cheapest rental car company in Panama?
Hertz is currently the cheapest rental car company in Panama with deals as low as ₱421.20/day found in the past two weeks. Ace is another inexpensive option with rates as low as ₱983.57/day.
What is the cheapest month to rent a car in Panama?
Planning a car rental in Panama? June is the cheapest month, costing about ₱696 per day. In contrast, February is the most expensive, with an average daily rate of ₱1,262. Monthly average rental prices are listed below. Remember, prices can change based on when you book, the type of car, and availability.
January
₱1,215
February
₱1,262
March
₱1,014
April
₱1,231
May
₱949
June
₱696
July
₱1,158
August
₱943
September
₱701
October
₱1,046
November
₱1,159
December
₱1,120
What car do most people rent in Panama?
The most popular types of cars to rent in Panama are the following: Economy rentals (Hyundai Accent or similar), Compact rentals (Hyundai Accent or similar), and Intermediate rentals (Hyundai Elantra or similar).
Which car rental 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 October 17, 2025.
Thrifty
Budget
Dollar
National
Avis
Alamo
Hertz
Ace
Car rental FAQs
Find answers to frequently asked questions about car rentals in Panama, including policies, requirements, and more. FAQs were last updated on October 17, 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.