Cheapflights insights for Panama City car rentals
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 S$ 10/day – about 14% less than the yearly average.
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?
Planning to hire a car in Panama City? October is the cheapest month, costing about S$ 10 per day. In contrast, February is the most expensive, with an average daily rate of S$ 18. Monthly average car hire prices are listed below. Remember, prices can change based on when you book, the type of car, and availability.
January
S$ 17
February
S$ 18
March
S$ 15
April
S$ 15
May
S$ 14
June
S$ 14
July
S$ 17
August
S$ 15
September
S$ 12
October
S$ 10
November
S$ 14
December
S$ 17
What car do most people rent in Panama City?
Compact cars (Kia Sportage, for example) are the most popular in Panama City. Full-size (Toyota Corolla) and SUV (Kia Sportage) cars are also often chosen by our users when visiting Panama City.
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 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 13 June 2025.
Choose from the top rental car agencies available in Panama City, including Budget, Dollar and National. Read through reviews, double check the pickup location, and other important information before making your selection.
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 rental FAQs
Find answers to frequently asked questions about car rentals in Panama City, including policies, requirements, and more. FAQs were last updated on 13 June 2025.
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.