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 16 April 2025.
January
Rp 218,487
February
Rp 235,294
March
Rp 201,680
April
Rp 201,680
May
Rp 184,873
June
Rp 201,680
July
Rp 218,487
August
Rp 201,680
September
Rp 151,260
October
Rp 134,453
November
Rp 184,873
December
Rp 218,487
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 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 16 April 2025.
Rent 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 rental FAQs
Find answers to frequently asked questions about car rentals in Panama City, including policies, requirements, and more. FAQs were last updated on 16 April 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 Rp 14,789.92/litre over the past month, costing you anywhere between Rp 665,546 and Rp 961,345 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 your car hire early can save you up to 70%. Aim to book your car hire at least 7 days in advance to take advantage of a below average price in Panama City.
Can I rent a car for a month in Panama City?
Yes, renting a vehicle in Panama City for a month is certainly possible.
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.