Car Hire in 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 Hire Rates

Panama Pacifico International Airport
Compact
Hyundai Solaris or comparable
Hyundai Solaris
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Automarket Rent a Car
€12.13 per day
City Centre
Economy
Kia Picanto or comparable
Kia Picanto
  • 5
  • 1
  • 4
  • A/C
  • Man.
Avis
€12.25 per day
Panama City La Cresta
Intermediate
Kia Rio or comparable
Kia Rio
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Thrifty
€14.55 per day
City Centre
Standard
Nissan Versa or comparable
Nissan Versa
  • 5
  • 3
  • 4
  • A/C
  • Auto.
Hertz
€16.07 per day

Most Popular Car Hire Deals

Tocumen International Airport
Full-size
Nissan Versa or comparable
Nissan Versa
  • 5
  • 2
  • 4
  • A/C
  • Auto.
NUCarrentals
€37.09 per day
City Centre
Premium
Toyota Corolla or comparable
Toyota Corolla
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Alamo
€40.44 per day
City Centre
Luxury
Kia Optima or comparable
Kia Optima
  • 5
  • 2
  • 4
  • A/C
  • Auto.
National
€43.32 per day
The above prices are only approximate and were last updated at 20:01 on 05/05/2025. Prices may vary based on the booking dates, length of rental, and car class.
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Travel information

Languages
Spanish, English
Currency
PAB
Drive on
Right-hand side
Dialing code
+507
Average car hire price
€24 per day
Average car hire length
9 days
Speed limit within city centre
40 - 60 km/h or 25 - 37 mph
Speed limit out of city centre
100 km/h or 62 mph
Acceptable limit of BAC
0.05%
Score
9.3 / 10
Average petrol price
€0.82 per litre or €3.10 per gallon
Lowest petrol price
€0.77 per litre or €2.93 per gallon
Highest petrol price
€1.04 per litre or €3.95 per gallon

Map of Car Hire Destinations

In which month is car hire in Panama the most affordable?

Prices for hiring a car in Panama fluctuate depending on the time of year. This table and graph can help you find the best bargain.
Average price for hiring a car per day in Panama
€27.85
January
€28.72
February
€23.37
March
€22.16
April
€20.57
May
€21.04
June
€23.59
July
€26.04
August
€22.09
September
€24.31
October
€21.51
November
€30.32
December
The best month to hire a car in Panama is May — when the average price for a hire is €20.57 per day. This is 15% less than the yearly average and 32% less than hiring a car in December (when the average price is €30.32 per day).

This information can help you determine the low season. But note that these prices are only averages. The cost of your hire is determined by the type of car you select, the length of time you hire it for and how much in advance you book. Simply type in your dates in the form at the top of the page in order to find out the exact prices.

How many days do people keep their hire cars, on average, in Panama?

How long renters typically keep their vehicle sometimes varies depending on the time of year. Travelers tend to keep their rental cars longer in February — an average of 12 days. They tend to keep them for a shorter time in May — an average of 7 days.
Average number of hire days in Panama
11
January
12
February
8
March
10
April
7
May
8
June
11
July
8
August
9
September
8
October
10
November
9
December

Which month is most favoured for hiring a car in Panama?

Given the number of customers searching for a car in Panama, April is the most popular, while September is the month that sees the lowest demand.
Monthly Car Hire Searches in Panama Compared to the Yearly Average
118%
January
114%
February
126%
March
158%
April
60%
May
92%
June
128%
July
92%
August
49%
September
63%
October
84%
November
115%
December

Car hire information

Car hire locations 27
Airport locations 6
Popular suppliers Automarket Rent a Car, Thrifty, Alamo, National, Hertz
Popular car categories SUVs, Small cars, Large cars, Medium cars
Lowest price €12 per day
Cheapest supplier Automarket Rent a Car

Most popular car models of suppliers

Hire Agency Model Doors Luggage Type
Automarket Rent a Car Hyundai Venue 5 2 SUVs
Thrifty Kia Picanto 4 1 Small cars
Automarket Rent a Car Hyundai Grand i10 4 2 Small cars
Alamo Kia Picanto 4 1 Small cars
Automarket Rent a Car Hyundai Solaris 4 2 Small cars
Automarket Rent a Car Toyota RAV4 5 3 SUVs
Thrifty Kia Rio 4 2 Large cars
Automarket Rent a Car Toyota Hilux 4 3 SUVs
Automarket Rent a Car Kia Rio 4 2 Medium cars
Thrifty Kia Carnival 4 3 People Carriers

Car Hire Statistics

Highest-rated company
Hertz
8.5 / 10
)
Lowest-rated company
SIXT
5.7 / 10
)
Total number of reviews
26
Total rental companies
17
Average daily price
€24.22
Lowest daily price
€12.13
Total cars available
1593

Top 17 suppliers in Panama in 2025

Hertz
Hertz
Very good 8.5 / 25 reviews
11 locations
€14 - €68
Flexways
Flexways
Very good 8.2 / 24 reviews
2 locations
€14 - €68
Automarket Rent a Car
Automarket Rent a Car
Very good 8.2 / 140 reviews
14 locations
€12 - €78
Thrifty
Thrifty
Very good 8 / 123 reviews
11 locations
€13 - €68
Enterprise
Enterprise
Average 7.7 / 1 review
7 locations
€24 - €130
National
National
Average 7.6 / 12 reviews
9 locations
€23 - €120
FOX
FOX
Average 7.6 / 0 reviews
3 locations
€23 - €120
NUCarrentals
NUCarrentals
Average 7.4 / 0 reviews
2 locations
€25 - €62
Budget
Budget
Average 7.2 / 30 reviews
10 locations
€35 - €83
Firefly
Firefly
Below average 6.6 / 14 reviews
4 locations
€14 - €32
Alamo
Alamo
Below average 6.6 / 29 reviews
10 locations
€23 - €120
Routes Car Rental
Routes Car Rental
Below average 6.6 / 8 reviews
1 location
€33 - €74
Avis
Avis
Below average 6.4 / 35 reviews
8 locations
€12 - €136
Europcar
Europcar
Below average 6.2 / 32 reviews
5 locations
€23 - €52
Ace Rent a car
Ace Rent a car
Poor 5.9 / 35 reviews
6 locations
€27 - €110
MEX RENT A CAR
MEX RENT A CAR
Poor 5.9 / 18 reviews
1 location
€34 - €113
SIXT
SIXT
Poor 5.7 / 46 reviews
6 locations
€18 - €156
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