Panama City

Cheap Car Rentals in Panama City from $5

Panama City, Panama
Tue 3/26
Noon
Tue 4/2
Noon
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Panama City car rentals in 2024

Get helpful information to start your search for the perfect car rental in Panama City. The average price data is based on the last 12 months and was last updated on March 19, 2024.

Most popular company

EUROPCAR

Price of gas per gallon

$3.90

Average price per day

$15

Cheapest price per day

$5

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 March 19, 2024.

January

$10

February

$12

March

$12

April

$12

May

$9

June

$12

July

$12

August

$11

September

$10

October

$10

November

$8

December

$10

Currently, the cheapest month to rent a car in Panama City is November. 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.

Compare available car types for rental in Panama City

Compare and contrast the various car types offered for rental 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 March 19, 2024.

Small cars

$10 - $17

All Car Types

$24 - $34

To rent a small car in Panama City, Panama, you would pay an average price of $12/day. January is the cheapest month to rent a small car in Panama City, Panama (~$10/day), while the most expensive month to rent that same car type is July (~$17/day). In fact, January is about 24% cheaper than prices during the rest of the year to book a small car rental for Panama City. When comparing with other car types available for rental in Panama City, renting a small car saves you 56% 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 rental prices found by Cheapflights users in the past 7 days:

To rent a medium car in Panama City, Panama, you would pay an average price of $21/day. September is the cheapest month to rent a medium car in Panama City, Panama (~$15/day), while the most expensive month to rent that same car type is December (~$31/day). In fact, September is about 29% cheaper than prices during the rest of the year to book a medium car rental for Panama City. When comparing with other car types available for rental in Panama City, renting a medium car saves you 28% 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 rental prices found by Cheapflights users in the past 7 days:

To rent a large car in Panama City, Panama, you would pay an average price of $51/day. September is the cheapest month to rent a large car in Panama City, Panama (~$43/day), while the most expensive month to rent that same car type is February (~$57/day). In fact, September is about 18% cheaper than prices during the rest of the year to book a large car rental for Panama City. When comparing with other car types available for rental in Panama City, renting a large car is 45% more expensive. 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 large car rental prices found by Cheapflights users in the past 7 days:

To rent a SUV in Panama City, Panama, you would pay an average price of $28/day. November is the cheapest month to rent a SUV in Panama City, Panama (~$22/day), while the most expensive month to rent that same car type is August (~$35/day). In fact, November is about 22% cheaper than prices during the rest of the year to book a SUV rental for Panama City. When comparing with other car types available for rental in Panama City, renting a SUV saves you 4% 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 rental prices found by Cheapflights users in the past 7 days:

To rent a van in Panama City, Panama, you would pay an average price of $65/day. August is the cheapest month to rent a van in Panama City, Panama (~$53/day), while the most expensive month to rent that same car type is February (~$77/day). In fact, August is about 19% cheaper than prices during the rest of the year to book a van rental for Panama City. When comparing with other car types available for rental in Panama City, renting a van is 56% more expensive. 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 van rental prices found by Cheapflights users in the past 7 days:

To rent a pickup truck in Panama City, Panama, you would pay an average price of $36/day. August is the cheapest month to rent a pickup truck in Panama City, Panama (~$24/day), while the most expensive month to rent that same car type is July (~$55/day). In fact, August is about 34% cheaper than prices during the rest of the year to book a pickup truck rental for Panama City. When comparing with other car types available for rental in Panama City, renting a pickup truck is 20% more expensive. 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.

To rent a luxury car in Panama City, Panama, you would pay an average price of $60/day. September is the cheapest month to rent a luxury car in Panama City, Panama (~$47/day), while the most expensive month to rent that same car type is June (~$79/day). In fact, September is about 23% cheaper than prices during the rest of the year to book a luxury car rental for Panama City. When comparing with other car types available for rental in Panama City, renting a luxury car is 53% more expensive. 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 luxury car rental prices found by Cheapflights users in the past 7 days:

Hyundai i10$5/day
2
M
A/C
Hyundai i10
Chevrolet Spark$5/day
2
M
A/C
Chevrolet Spark

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 March 19, 2024.
Browse through some of the top rental car agencies in Panama City, including Thrifty, Budget and Dollar in Panama City. Skim reviews, rental company locations, prices, and more before making your decision.

Thrifty

5.9
Fair
38 reviews7 locations
Overview

Cleanliness

6.7

Comfort

6.4

Overall

5.7

Pick-up/drop-off

5.9

Value

5.5

Budget

8.4
Very good
15 reviews5 locations
Overview

Cleanliness

8.7

Comfort

8.6

Overall

8.4

Pick-up/drop-off

8.3

Value

8.0

Dollar

6.7
Okay
14 reviews7 locations
Overview

Cleanliness

7.5

Comfort

7.0

Overall

6.5

Pick-up/drop-off

7.1

Value

6.0

National

5.9
Fair
5 reviews6 locations
Overview

Cleanliness

6.2

Comfort

6.2

Overall

5.7

Pick-up/drop-off

6.0

Value

5.5

Ace

5.7
Fair
17 reviews3 locations
Overview

Cleanliness

7.6

Comfort

7.2

Overall

5.2

Pick-up/drop-off

6.8

Value

5.6

Alamo

5.5
Fair
22 reviews6 locations
Overview

Cleanliness

6.7

Comfort

6.2

Overall

5.4

Pick-up/drop-off

5.3

Value

5.1

Avis

4.8
Mediocre
15 reviews4 locations
Overview

Cleanliness

5.7

Comfort

5.8

Overall

4.7

Pick-up/drop-off

4.6

Value

4.5

Hertz

4.4
Mediocre
6 reviews6 locations
Overview

Cleanliness

5.6

Comfort

5.2

Overall

3.8

Pick-up/drop-off

5.2

Value

3.2

Best Panama City car rental deals found

Browse through a selection of recently found affordable car rental deals in Panama City. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Panama City with an average daily rate of $15. Data was last updated on March 19, 2024.
Peruse the best Panama City car rental deals we've found. Check back soon for more deals if you're not finding the one you're looking for.
Hyundai i10$5/day
2
M
A/C
Hyundai i10
Chevrolet Spark$5/day
2
M
A/C
Chevrolet Spark
Ford Fiesta$5/day
2
M
A/C
Ford Fiesta

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 March 19, 2024.
  • What is the cheapest rental car found in Panama City?

    In the past two weeks, Cheapflights users have found many deals under $15/day when booking a rental car in Panama City. The best deal a user found was for $4/day from Europcar, booked on Mar. 17.

  • What car rental 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: Dollar ($5/day), Thrifty ($5/day), and Europcar ($5/day).

  • Which car rental company is considered to be the best in Panama City?

    Taking our users’ ratings and reviews into consideration, Dollar (8.6 rating), Budget (8.3 rating) and National (6.1 rating) seem to be the best rental car companies in Panama City.

  • What are gas prices like in Panama City?

    The average gas price in Panama City is $3.90/gallon over the past month, costing you anywhere between $46 and $67 to fill up a car’s gas tank.

  • How much does it cost to rent a car in Panama City for a week from Europcar?

    Europcar is a popular option for travelers looking for car rental in Panama City. You can expect the average cost of rental car to be about $30 per week.

  • How far in advance should I rent a car in Panama City for the best price?

    Booking early can save you upwards 70% on your rental. 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?

    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.

  • How much does it cost to rent a car in Panama City for a month?

    Europcar currently has the lowest price available for a month-long booking. Users have saved up to 75% compared to the average price of a 30-day rental in Panama City. Typically, a monthly car rental in Panama City can be found for $130. You can find car rental deals to be on average $4 a day.

  • How much is a car rental in Panama City for a weekend?

    For a weekend car rental in Panama City, you can expect the average price to be around $19. Usually a Mini rental in Panama City is your cheapest weekend car rental option, though you should always check Cheapflights to see if there are other deals on alternative car rental types. If you do opt for renting a Mini for April, it will cost approximately $24 per day.

  • What car do most people rent in Panama City?

    Hyundai Venue, which is a Compact vehicle, is the most popular to rent at Panama City according to Cheapflights users.

See more FAQs

Small car rentals in Panama City

Find small car rental deals in Panama City from well-known providers in the area and save on gas mileage with the options provided below. small car rentals in Panama City cost an average of $5 per day. Price data was last updated on March 19, 2024.
Hyundai i10$5/day
2
M
A/C
Hyundai i10
Hyundai i10$5/day
2
M
A/C
Hyundai i10
Hyundai i10$5/day
2
M
A/C
Hyundai i10

Car rentals by fuel type in Panama City

Browse car rentals by fuel type in Panama City. Deals were last updated on March 19, 2024.

Browse through car rental deals by fuel type in Panama City. There is currently 1 fuel type to choose from.

Gas/Diesel

Gas/Diesel

Airport car rentals in Panama City
Rent a car at one of these airports in the Panama City area

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