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 17 January 2025.
January
RM 53
February
RM 58
March
RM 58
April
RM 49
May
RM 49
June
RM 49
July
RM 58
August
RM 53
September
RM 40
October
RM 35
November
RM 49
December
RM 58
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 17 January 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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National
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Avis
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Alamo
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Hertz
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Ace
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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 17 January 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 (7.0 rating) and Thrifty (6.1 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 RM 3.96/litre over the past month, costing you anywhere between RM 178 and RM 257 to fill up a car’s fuel tank.
How much does it cost to hire a car in Panama City for a week from Sixt?
Hiring a car in Panama City for a week can be a great option for travel. Sixt, the most popular car hire company for this area, offers hire cars for around RM 556/week on average.
How far in advance should I hire 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 hire. For a below average price in Panama City, Cheapflights recommends booking your car hire at least 7 days in advance.
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 Economy (Hyundai Accent) in Panama City, making it the most popular option.