Cheap Car Hire in Panama City from $8
This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car hire in Panama City with a pick-up date of 25/3 and drop-off date of 27/3. Fares are subject to change and may not be available at all agencies or on all dates of hire. Click the price to replicate the search for this deal.
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 22 February 2025.
January
$20
February
$20
March
$20
April
$17
May
$17
June
$18
July
$20
August
$18
September
$14
October
$12
November
$17
December
$20
Currently, the cheapest month to rent a car in Panama City is October. The most expensive time to rent a car is January. 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.
Popular car types in Panama City
Explore the most popular car models available for hire in Panama City and choose the one that suits your needs. The price data is sourced from various car hire companies and was last updated on 22 February 2025.
In Panama City, there are 94 active hire locations from 23 car hire companies. small car is the cheapest car type to hire in Panama City in the past week - currently priced from $8/day. View deals for 5 car types available to hire in this destination:
Economy
$8+
Compact
$10+
Intermediate
$30+
People mover
$121+
Full-size SUV
$54+
Mini
$8+
Passenger van
$130+
Pick-up truck
$92+
Compare available car types for hire in Panama City
Compare and contrast the various car types offered for hire in Panama City to find the perfect fit for your trip. Price data is based on averages over the last 12 months and was last updated on 22 February 2025.
Small cars | $7 - $35 | |
|---|---|---|
All Car Types | $14 - $55 |
To hire a small car in Panama City, Panama, you would pay an average price of $19/day. February is the cheapest month to hire a small car in Panama City, Panama (~$7/day), while the most expensive month to hire that same car type is April (~$35/day). In fact, February is about 65% cheaper than prices during the rest of the year to book a small car hire for Panama City. When comparing with other car types available for hire in Panama City, hiring a small car saves you 42% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama City small car hire prices found by Cheapflights users in the past 7 days:
To hire a medium car in Panama City, Panama, you would pay an average price of $32/day. July is the cheapest month to hire a medium car in Panama City, Panama (~$26/day), while the most expensive month to hire that same car type is April (~$136/day). In fact, July is about 19% cheaper than prices during the rest of the year to book a medium car hire for Panama City. When comparing with other car types available for hire in Panama City, hiring a medium car saves you 6% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama City medium car hire prices found by Cheapflights users in the past 7 days:
To hire a SUV in Panama City, Panama, you would pay an average price of $24/day. July is the cheapest month to hire a SUV in Panama City, Panama (~$25/day), while the most expensive month to hire that same car type is April (~$55/day). In fact, July is about 4% cheaper than prices during the rest of the year to book a SUV hire for Panama City. When comparing with other car types available for hire in Panama City, hiring a SUV saves you 30% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama City SUV hire prices found by Cheapflights users in the past 7 days:
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 22 February 2025.
Hire a car with one of the top providers serving the Panama City area such as Budget, Dollar and Thrifty. Be sure to do your research on pricing, reviews, pickup locations, and other important criteria before choosing.
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National
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Avis
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Alamo
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Hertz
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Best Panama City car hire deals found
Browse through a selection of recently found affordable car hire deals in Panama City. Plan your trip with ease and find the perfect hire option for your needs. There are currently 8 hire car agencies in Panama City with an average daily rate of $42. Data was last updated on 22 February 2025.
These are the best deals we've found on car hires in Panama City. Be sure to confirm the details of the deal, such as car type, daily rate, and pickup location.
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 22 February 2025.
What car hire company is typically the cheapest in Panama City?
According to our data, users have found the cheapest deals when booking a rental car in Panama City from the following companies over the past two weeks: Thrifty ($8/day), NU Car ($8/day), and Routes Car & Truck Rentals ($13/day).
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 $1.38/litre over the past month, costing you anywhere between $62 and $90 to fill up a car’s fuel tank.
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 $31 per week on average.
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?
Yes, cars are available to be hired for an entire month in Panama City.
How much is a car hire in Panama City for a weekend?
Car hire prices in Panama City are typically $0 for the weekend. On Cheapflights, you’ll be able to find great car hire deals on any type of vehicle. However, consider hiring a Mini to save money on your trip to $0. Our users have found prices for Mini car hire in March to be on average $4 per day.
What car do most people hire in Panama City?
The most popular car chosen by those travelling to Panama City is Standard (Hyundai Tucson) based on our Cheapflights data.