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 January 20, 2025.
January
₱758
February
₱758
March
₱758
April
₱641
May
₱641
June
₱641
July
₱758
August
₱699
September
₱524
October
₱466
November
₱641
December
₱758
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.
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 January 20, 2025.
Book your reservation with one of the top rental car agencies located in Panama City, including Budget, Dollar and Thrifty. Skim reviews, rental company locations, prices, and more before making your decision.
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Dollar
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Thrifty
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National
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Avis
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Alamo
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Ace
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Hertz
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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 January 20, 2025.
Which car rental company is considered to be the best in Panama City?
Taking our users’ ratings and reviews into consideration, Budget (8.5 rating), Dollar (7.0 rating) and Thrifty (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 ₱51.32/gallon over the past month, costing you anywhere between ₱2,309 and ₱3,336 to fill up a car’s gas tank.
How far in advance should I rent a car in Panama City for the best price?
Booking in advance not only ensures a better chance of getting your vehicle of choice, it can save you up to 67% on your car rental. For a below average price in Panama City, Cheapflights recommends booking your car rental at least 7 days in advance.
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.
What car do most people rent in Panama City?
The most popular car chosen by those travelling to Panama City is Compact (Hyundai Accent) based on our Cheapflights data.