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 28 March 2025.
January
R237
February
R255
March
R237
April
R218
May
R200
June
R218
July
R255
August
R218
September
R164
October
R145
November
R200
December
R237
Currently, the cheapest month to rent a car in Panama City is October. The most expensive time to rent a car is February. 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.
Top rental agencies in Panama City
Explore the leading car hire agencies in Panama City known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car hire companies in Panama City. Reviews were last updated on 28 March 2025.
Hire a car with one of the top providers serving the Panama City area such as Budget, Dollar and National. Reviews, pricing info, pickup locations, and other important details are available to aid your decision.
Budget
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Dollar
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National
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Thrifty
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Avis
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Alamo
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Hertz
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Enterprise Rent-A-Car
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Car hire FAQs
Find answers to frequently asked questions about car hires in Panama City, including policies, requirements, and more. FAQs were last updated on 28 March 2025.
Which car hire company is considered to be the best in Panama City?
Taking our users’ ratings and reviews into consideration, Budget (8,5 rating), Dollar (6,9 rating) and Thrifty (6,0 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 R16,05/litre over the past month, costing you anywhere between R722 and R1 043 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 can save you upwards of 70% on your car hire. Booking your vehicle at least 7 days in advance can you get you a great below-average price in Panama City.
Can I rent a car for a month in Panama City?
The length of time you can book a car hire for is subject to the inventory of the supplier. When renting a vehicle from Panama City it should be possible to hire a car for a whole month if needed.
What car do most people hire in Panama City?
The majority of Cheapflights travellers prefer to hire a Compact (Hyundai Venue) in Panama City, making it the most popular option.