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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 ₱627/day on average when booked 7 days ahead, which saves you 3,228% off the average price.

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

Planning a car rental in Panama? June is the cheapest month, costing about ₱875 per day. In contrast, April is the most expensive, with an average daily rate of ₱1,340. Monthly average rental prices are listed below. Remember, prices can change based on when you book, the type of car, and availability.

January

₱1,223

February

₱1,201

March

₱1,135

April

₱1,340

May

₱1,067

June

₱875

July

₱1,110

August

₱950

September

₱936

October

₱970

November

₱1,079

December

₱1,147

What car do most people rent in Panama?

The most popular types of cars to rent in Panama are the following: Intermediate rentals (Hyundai Elantra or similar), SUV rentals (Kia Sportage or similar), and Standard rentals (Hyundai Accent or similar).

Which car rental company has the most locations in Panama?

Automarket Rent a Car has 23 locations throughout the area, more than any other company. Dollar has the second highest number of locations in Panama at 17.

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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 July 5, 2025.

Thrifty

5.6
Fair
31 reviews•17 locations
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Overview

Cleanliness

6.5

Comfort

6.1

Overall

5.6

Pick-up/drop-off

6.1

Value

5.6

Budget

8.5
Very good
26 reviews•12 locations
Check prices
Overview

Cleanliness

8.7

Comfort

8.6

Overall

8.5

Pick-up/drop-off

8.6

Value

8.3

Dollar

7.1
Good
6 reviews•17 locations
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Overview

Cleanliness

7.5

Comfort

7.2

Overall

7.1

Pick-up/drop-off

6.7

Value

6.9

Avis

6.3
Okay
9 reviews•8 locations
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Overview

Cleanliness

7.0

Comfort

6.8

Overall

6.3

Pick-up/drop-off

6.0

Value

6.4

National

6.1
Okay
3 reviews•11 locations
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Overview

Cleanliness

6.2

Comfort

6.3

Overall

6.1

Pick-up/drop-off

5.8

Value

5.8

Alamo

5.7
Fair
15 reviews•11 locations
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Overview

Cleanliness

6.7

Comfort

6.3

Overall

5.7

Pick-up/drop-off

5.8

Value

5.3

Hertz

4.6
Mediocre
11 reviews•17 locations
Check prices
Overview

Cleanliness

6.6

Comfort

6.0

Overall

4.6

Pick-up/drop-off

5.3

Value

3.9

Ace

3.7
Poor
3 reviews•8 locations
Check prices
Overview

Cleanliness

5.5

Comfort

5.3

Overall

3.7

Pick-up/drop-off

4.4

Value

4.6

Car rental FAQs

Find answers to frequently asked questions about car rentals in Panama, including policies, requirements, and more. FAQs were last updated on July 5, 2025.

  • What is the most popular car rental provider in Panama?

    When renting a car in Panama, the most popular provider of rental cars among Cheapflights users is Hertz, and with prices around ₱383/day, it’s easy to understand why. The most popular car type from Hertz is COMPACT, which starts as low as ₱383/day.

  • 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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