Car Rental in Panama City

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Panama City, Panama
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Driver's country of residence is United States of America (USA) and age is 30-65
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700+ Trusted Suppliers:

Cheapest Car Rental Rates

Tocumen International Airport
Mini
Kia Picanto or similar
Kia Picanto
  • 4
  • 1
  • 4
  • A/C
  • Man.
MEX RENT A CAR
$10.51 per day
Panama City Tocumen Commercial Park
Intermediate
Kia Rio or similar
Kia Rio
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Thrifty
$13.70 per day
Tocumen International Airport
Economy
Kia Picanto or similar
Kia Picanto
  • 5
  • 1
  • 5
  • A/C
  • Auto.
SIXT
$15.63 per day
Panama City Tocumen Commercial Park
Compact
Hyundai Accent or similar
Hyundai Accent
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Hertz
$17.69 per day

Most Popular Car Rental Deals

Albrook Marcos A. Gelabert Airport
Standard
Hyundai Elantra or similar
Hyundai Elantra
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Dollar
$26.81 per day
Downtown
Full-size
Hyundai Elantra or similar
Hyundai Elantra
  • 5
  • 4
  • 4
  • A/C
  • Auto.
Europcar
$35.03 per day
Panama City El Cangrejo
Premium
Toyota Corolla or similar
Toyota Corolla
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Alamo
$38.16 per day
Albrook Marcos A. Gelabert Airport
Luxury
Kia Optima or similar
Kia Optima
  • 5
  • 2
  • 4
  • A/C
  • Auto.
National
$42.84 per day
The above prices are only approximate and were last updated at 1:11 PM on 10/12/24. Prices may vary based on the booking dates, length of rental, and car class.

Travel Information

Languages
Spanish, English
Currency
PAB
Drive on
Right-hand side
Country code
+507
Average car rental price
$25 per day
Average car rental length
10 days
Speed limit within town
40 - 60 km/h or 25 - 37 mph
Speed limit out of town
100 km/h or 62 mph
Acceptable limit of BAC
0.05%
Rating
8.6 / 10
Average gas price
$0.97 per liter or $3.67 per gallon
Lowest gas price
$0.88 per liter or $3.33 per gallon
Highest gas price
$1.20 per liter or $4.54 per gallon

One-Way Car Rentals in Panama City

The most popular one-way rental options for pick up in Panama City and drop off in another city include:

  • From Panama City to David - 138 offers from $46.12 per day
  • From Panama City to Colon - 66 offers from $44.00 per day

Top 2 cities near Panama City

  1. 113.6 km / 70.6 miles away
  2. 341.8 km / 212.4 miles away

Map of Car Rental Locations

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

Car rental prices in Panama City vary by time of year. This graph shows the average prices per month to help you find the best time of year to rent.
Average rental costs per day in Panama City
$27.51
January
$26.06
February
$38.13
March
$27.01
April
$25.06
May
$21.67
June
$24.80
July
$27.90
August
$24.05
September
$24.54
October
$19.31
November
$35.54
December
The cheapest month to rent a car in Panama City is November (when prices average $19.31 per day). This is 28% cheaper than the yearly average and 49% cheaper than renting in March (when prices average $38.13).

This information can help you identify the low season. But these are only average numbers. How much your car rental will cost will depend on the type of vehicle you rent, how long you’ll rent it for, and how far ahead you book. Simply enter your dates in the form at the top of the page to see the exact prices.

What’s the usual rental length in Panama City?

How long travelers keep their rental cars for varies from month to month: in July, the average renter keeps their car for 11 days, and in May, they keep their car for 7 days.
Average number of rental days in Panama City
10
January
9
February
9
March
9
April
7
May
8
June
11
July
8
August
9
September
9
October
8
November
10
December

What's the most popular month to rent a car in Panama City?

Based on the number of searches by our customers, the most popular month for renting a car in Panama City is February, and the least popular is October.
Monthly searches in Panama City by pick-up date relative to the average
165%
January
186%
February
143%
March
73%
April
59%
May
78%
June
116%
July
80%
August
48%
September
46%
October
75%
November
131%
December

Car rental information

Car rental locations 13
Airport locations 3
Popular suppliers Thrifty, Dollar, Ace Rent a car, Alamo, SIXT
Popular car categories SUVs, Small cars, Medium cars, Large cars
Lowest price $11 per day
Cheapest supplier MEX RENT A CAR

Most popular car models of rental suppliers

Rental Supplier Model Doors Luggage Type
Dollar Kia Rio 4 2 Medium cars
Dollar Nissan Juke 5 2 SUVs
Thrifty Kia Picanto 4 1 Small cars
Ace Rent a car Hyundai Accent 4 1 Medium cars
Thrifty Hyundai Grand i10 5 2 Medium cars
Thrifty Kia Carnival 4 3 Vans
Ace Rent a car Nissan Kicks 5 2 SUVs
Dollar Hyundai i10 5 1 Small cars
Thrifty Hyundai Creta 5 2 SUVs
Avis Hyundai Accent 4 3 Large cars

Our customers' reviews

Because we want to make sure each review listed here is left by a real customer, we don’t have the option to post a review here. Instead, we ask each and every customer to leave a review after they return their rental car. This way, you know that all reviews are authentic.

Netherlands
Nissan Juke
8/1/23
Beautiful country for a trip
United States of America (USA)
Hyundai Accent
3/3/21
Anyone going from Panama City to Nuevo Gorgona, get ready for about 6 checkpoints on the way, none coming back ironically. Takes about 1 1/2 hours to get there.
South Africa
Hyundai Accent
6/14/19
Panama city

Car Rental Statistics

Highest-rated company
Hertz
8.2 / 10
)
Lowest-rated company
Ace Rent a car
5.7 / 10
)
Total number of reviews
20
Total rental companies
15
Average daily price
$25.05
Lowest daily price
$10.51
Total cars available
798

Top 15 suppliers in Panama City in 2024

Dollar
Dollar
Very good 8.2 / 133 reviews
8 locations
$20 - $120
Flexways
Flexways
Very good 8.2 / 24 reviews
2 locations
Hertz
Hertz
Very good 8.2 / 10 reviews
6 locations
$15 - $71
Thrifty
Thrifty
Very good 8 / 105 reviews
6 locations
$14 - $73
National
National
Good 7.9 / 6 reviews
4 locations
$26 - $122
Enterprise
Enterprise
Good 7.8 / 1 review
4 locations
$31 - $126
NUCarrentals
NUCarrentals
Good 7.4
2 locations
$30 - $70
MEX RENT A CAR
MEX RENT A CAR
Good 7.2 / 10 reviews
1 location
$11 - $128
Budget
Budget
Good 7.1 / 26 reviews
3 locations
Alamo
Alamo
Satisfactory 6.9 / 19 reviews
7 locations
$24 - $112
Europcar
Europcar
Satisfactory 6.7 / 29 reviews
4 locations
$24 - $198
Routes Car Rental
Routes Car Rental
Satisfactory 6.6 / 8 reviews
1 location
$40 - $88
Firefly
Firefly
Satisfactory 6.4 / 13 reviews
2 locations
$19 - $41
SIXT
SIXT
Poor 5.8 / 42 reviews
3 locations
$15 - $97
Ace Rent a car
Ace Rent a car
Poor 5.7 / 31 reviews
3 locations
$24 - $174
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Special offers
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Award-winning
World's Leading Car Rental Booking Website in the World Travel Tech Awards (4 years in a row).
Highly-rated
A combined rating of 4.5 with 175k+ total reviews on platforms like Trustpilot, Google, and Review Center.
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