Cheapflights insights for Panama City car hires
Get relevant, data-driven information to help you hire a car in Panama City, including pricing trends, ideal booking times, and more.
How far in advance should I hire a car in Panama City?
For the best savings on car hire in Panama City, make your reservation 7 days before pickup. The average price then is just $12/day – about 4% less than the yearly average.
What is the cheapest car hire company in Panama City?
In Panama City, the most affordable car hire company right now is Economy Rent a Car, offering prices from just $6.62/day over the past two weeks. Another budget-friendly choice is NU Car, with rates starting at $7.99/day.
What is the best car rental company in Panama City?
Based on Cheapflights user feedback, the highest-rated car hire 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 hire a car in Panama City?
Planning to hire a car in Panama City? October is the cheapest month, costing about $12 per day. In contrast, February is the most expensive, with an average daily rate of $22. Monthly average car hire prices are listed below. Remember, prices can change based on when you book, the type of car, and availability.
January
$20
February
$22
March
$18
April
$18
May
$17
June
$17
July
$20
August
$18
September
$14
October
$12
November
$17
December
$20
Which car hire 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 hire 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 13 June 2025.
Hire a car with one of the top providers serving the Panama City area such as Budget, Dollar and National. Be sure to do your research on pricing, reviews, pickup locations, and other important criteria before choosing.
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 13 June 2025.
How much does it cost to hire a car in Panama City for a week from Economy Rent a Car?
Economy Rent a Car offers hire cars in Panama City for about $47 per week on average.
Can I rent a car for a month in Panama City?
Yes, cars are available to be hired for an entire month in Panama City.