Car Rental in Panama City
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Cheapest car rental rates
Panama City Tocumen Commercial Park
Compact
Hyundai Solaris or similar
€12.65 per day
Albrook Marcos A. Gelabert Airport
Economy
Kia Rio or similar
€12.77 per day
Tocumen International Airport
Intermediate
Toyota Yaris Sedan or similar
€17.00 per day
Downtown
Standard
Nissan Versa or similar
€21.18 per day
Most popular car rental deals
Tocumen International Airport
Full-size
Hyundai Elantra or similar
€26.28 per day
Downtown
Premium
Toyota Corolla or similar
€39.93 per day
Downtown
Luxury
Kia Optima or similar
€45.36 per day
The above prices are only approximate and were last updated at 10:43 AM on 7/7/25. Prices may vary based on the booking dates, length of rental, and car class.
Why book with us?
Special offers
As a market leader, we get special offers like contactless pick-ups, great prices, and free upgrades.
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 200k+ total reviews on platforms like Trustpilot, Google, and Review Center.
4M users
Have already booked on one of the fastest-growing car rental booking websites.
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%
Average gas price
€0.78 per liter or €2.94 per gallon
Lowest gas price
€0.74 per liter or €2.81 per gallon
Highest gas price
€0.90 per liter or €3.39 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 €42.30 per day
- From Panama City to Colon - 66 offers from €40.35 per day
Top 2 cities near Panama City
-
113.6 km / 70.6 miles away
-
341.8 km / 212.4 miles away
Top 3 locations near Panama City
-
28.1 km / 17.5 miles away
-
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
The cheapest month to rent a car in Panama City is June (when prices average €17.39 per day). This is 26% cheaper than the yearly average and 43% cheaper than renting in December (when prices average €30.56).
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.
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 February, the average renter keeps their car for 12 days, and in March, they keep their car for 8 days.
Average number of rental days in Panama City
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 April, and the least popular is September.
Monthly searches in Panama City by pick-up date relative to the average
Car rental information
| Car rental locations | 14 |
| Airport locations | 3 |
| Popular suppliers | Automarket Rent a Car, Thrifty, National, Alamo, Hertz |
| Popular car categories | SUVs, Small cars, Medium cars, Large cars |
| Lowest price | €13 per day |
| Cheapest supplier | Automarket Rent a Car |
Most popular car models of rental suppliers
| Rental Supplier | Model | Doors | Luggage | Type |
|---|---|---|---|---|
| Automarket Rent a Car | Hyundai Venue | 5 | 2 | SUVs |
| Automarket Rent a Car | Hyundai Grand i10 | 4 | 2 | Small cars |
| Automarket Rent a Car | Hyundai Solaris | 4 | 2 | Small cars |
| Automarket Rent a Car | Toyota RAV4 | 5 | 3 | SUVs |
| Alamo | Kia Picanto | 4 | 1 | Small cars |
| Automarket Rent a Car | Toyota Hilux | 4 | 3 | SUVs |
| National | Kia Picanto | 4 | 1 | Small cars |
| Thrifty | Kia Carnival | 4 | 3 | Vans |
| Thrifty | Kia Picanto | 4 | 1 | Small cars |
| Automarket Rent a Car | Hyundai Tucson | 5 | 3 | SUVs |
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.
JV
Netherlands
Nissan Juke
8/1/23
Beautiful country for a trip
WH
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.
EB
South Africa
Hyundai Accent
6/14/19
Panama city
Car rental statistics
Highest-rated company
Hertz
8.6 / 10
Lowest-rated company
MEX RENT A CAR
5.7 / 10
Total number of reviews
22
Total rental companies
17
Average daily price
€24.97
Lowest daily price
€12.65
Total cars available
799
Top 17 suppliers in Panama City in 2025
Hertz
6 locations
€20 - €53
Flexways
2 locations
€20 - €53
Automarket Rent a Car
7 locations
€13 - €76
Enterprise
4 locations
€29 - €196
Thrifty
6 locations
€17 - €40
FOX
3 locations
€17 - €40
NUCarrentals
2 locations
€19 - €87
National
5 locations
€29 - €230
Budget
4 locations
€34 - €89
Routes Car Rental
1 location
€30 - €59
Firefly
2 locations
€16 - €32
Alamo
7 locations
€28 - €223
Avis
4 locations
€19 - €152
Europcar
4 locations
€20 - €76
Ace Rent a car
3 locations
€13 - €132
SIXT
4 locations
€25 - €145
MEX RENT A CAR
1 location
€33 - €76
Awards
World Travel Tech Awards - World's Best Car Rental Booking Website 2023
World Travel Tech Awards - World's Best Car Rental Booking App 2023
Magellan Awards Gold Winner 2023
Travel & Hospitality Awards 2021
FT 1000: Europe's Fastest Growing Companies - Top 300 Companies 2021
FT 1000: Europe's Fastest Growing Companies - Top 100 Companies 2020
Uzakrota Travel Awards - World’s Leading Car Rental Website 2022
Trustpilot - Top 10 Car Rental Agencies
SimilarWeb - Top 50 Car Rental Websites
Highly recommended by our customers
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