Cheapflights insights for Panama City car rentals
Get relevant, data-driven information to help you rent a car in Panama City, including pricing trends, ideal booking times, and more.
How far in advance should I rent a car in Panama City?
Book your rental car in Panama City 7 days before your pickup date to maximize your savings. Car rental prices are around ₱448/day on average when booked 7 days ahead, which saves you 3,730% 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?
The cheapest month to rent a car in Panama City is October where you can expect to pay ₱448/day on average. The most expensive month to rent a car in Panama City is February (₱783/day on average). The average daily rental price for each month is shown below. Keep in mind that prices will vary based on availability, when you book, and the type of car you rent.
January
₱727
February
₱783
March
₱672
April
₱672
May
₱616
June
₱616
July
₱727
August
₱727
September
₱504
October
₱448
November
₱616
December
₱727
What car do most people rent in Panama City?
The most popular types of cars to rent in Panama City are the following: SUV rentals (Kia Sportage or similar), Intermediate rentals (Hyundai Elantra or similar), and Compact rentals (Kia Sportage or similar).
Which car rental 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 July 6, 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
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Dollar
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
National
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Thrifty
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Avis
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Alamo
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Hertz
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Enterprise Rent-A-Car
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
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 July 6, 2025.
How much does it cost to rent a car in Panama City for a week from Hertz?
Hertz is one of the top picks in Panama City. They can have you in a rental car for about ₱3,400 per week on average.
Can I rent a car for a month in Panama City?
Typically how long you can rent a car for depends on the inventory of the supplier. For Panama City however, it is certainly possible to rent a car for an entire month.