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 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 ₱639/day on average when booked 7 days ahead, which saves you 3,474% off the average price.

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

Planning a car rental in Panama? June is the cheapest month, costing about ₱682 per day. In contrast, January is the most expensive, with an average daily rate of ₱1,239. Monthly average rental prices are listed below. Remember, prices can change based on when you book, the type of car, and availability.

January

₱1,239

February

₱973

March

₱1,041

April

₱1,231

May

₱940

June

₱682

July

₱1,154

August

₱951

September

₱938

October

₱978

November

₱1,159

December

₱1,071

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), Luxury rentals (Kia Optima or similar), and Full-size 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 September 14, 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 September 14, 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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