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Cheap Car Hire in Panama City

Driver's age: 25-65
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Panama City car hires in 2026

Get helpful information to start your search for the perfect car hire in Panama City. The average price data is based on the last 12 months and was last updated on 27 July 2026.

Most popular company

HERTZ

Price of petrol per litre

R19,67

Average price per day

R592

Cheapest price per day

R137
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Cheapflights insights for Panama City car hires

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 2 days before pickup. The average price then is just R168/day – about 1 129% less than the yearly average.

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What is the cheapest car hire company in Panama City?

Looking to hire a car in Panama City? MEXRENTACAR had the lowest prices in the past two weeks, starting at only R5,75/day. Budget also offers competitive rates, with deals beginning at R6,41/day.

What is the best car rental company in Panama City?

Based on Cheapflights user feedback, the highest-rated car hire company in Panama City is Budget (rated 8.5/10 with 12 reviews). Fox (rated 8.0/10) is also highly rated by our users.

Budget
Budget
8.5
Fox
Fox
8.0
National
National
6.4
Thrifty
Thrifty
6.1

What is the cheapest month to hire a car in Panama City?

At Panama City, the best time to hire a car is in September, with an average daily rate of just R151. Conversely, March is the priciest month, averaging R336 per day. Below youll find the monthly average car hire prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.|1#In Panama City, the best time to hire a car is in September, with an average daily rate of just R151. Conversely, March is the priciest month, averaging R336 per day. Below youll find the monthly average car hire prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.

January

R269

February

R286

March

R336

April

R252

May

R219

June

R185

July

R219

August

R185

September

R151

October

R185

November

R202

December

R269

What car do most people hire in Panama City?

The most popular types of cars to hire in Panama City are the following: SUV cars (Kia Sportage or similar), Intermediate cars (Toyota Camry or similar), and Mini cars (Class Mini Car or similar).

Which car hire company has the most locations in Panama City?

Avis has 4 locations throughout the area, more than any other company. Automarket Rent a Car has the second-highest number of locations in Panama City at 13.

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Top rental agencies in Panama City

Explore the leading car hire agencies in Panama City known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car hire companies in Panama City. Reviews were last updated on 27 July 2026.

Budget

8,5
Very Good
12 reviews•6 locations
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Overview

Cleanliness

8,8

Comfort

8,6

Overall

8,5

Pick-up/drop-off

8,5

Value

8,2

Fox

3 locations
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Overview

Cleanliness

8,0

Comfort

8,0

Overall

8,0

Pick-up/drop-off

8,0

Value

8,0

National

6,4
Okay
2 reviews•6 locations
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Overview

Cleanliness

6,5

Comfort

6,5

Overall

6,4

Pick-up/drop-off

6,3

Value

6,3

Thrifty

6,1
Okay
7 reviews•14 locations
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Overview

Cleanliness

6,9

Comfort

6,4

Overall

6,1

Pick-up/drop-off

6,2

Value

6,0

Avis

5,7
Fair
14 reviews•4 locations
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Overview

Cleanliness

6,3

Comfort

6,0

Overall

5,7

Pick-up/drop-off

5,5

Value

5,7

Hertz

4,4
Mediocre
5 reviews•6 locations
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Overview

Cleanliness

5,6

Comfort

5,2

Overall

4,4

Pick-up/drop-off

5,3

Value

4,4

Europcar

4,1
Mediocre
5 reviews•6 locations
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Overview

Cleanliness

4,5

Comfort

4,7

Overall

4,1

Pick-up/drop-off

4,1

Value

4,1

Ace

3,0
Poor
2 reviews•3 locations
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Overview

Cleanliness

5,0

Comfort

4,6

Overall

3,0

Pick-up/drop-off

4,0

Value

4,0

Car hire FAQs

Find answers to frequently asked questions about car hires in Panama City, including policies, requirements, and more. FAQs were last updated on 27 July 2026.

  • What is the cheapest hire car found in Panama City?

    In the past two weeks, Cheapflights users have found many deals under R592/day when booking a car hire in Panama City. The absolute best deal a user found was for R137/day from Hertz, booked on Jul. 25.

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

    Hiring a car in Panama City for a week can be a great option for travel. Hertz, the most popular car hire company for this area, offers hire cars for around R4 147/week on average.

  • Can I rent a car for a month in Panama City?

    The length of time you can book a car hire for is subject to the inventory of the supplier. When renting a vehicle from Panama City it should be possible to hire a car for a whole month if needed.

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

    The average cost of a car hire in Panama City for a month is R17 775. Check Cheapflights to compare pricing and options for your rental car.

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