Cheap Car Rentals in Panama from C$ 7
This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car rental in Panama with a pick-up date of 1/6 and drop-off date of 7/6. Fares are subject to change and may not be available at all agencies or on all dates of rental. Click the price to replicate the search for this deal.
Panama car rentals in 2025
Get helpful information to start your search for the perfect car rental in Panama. The average price data is based on the last 12 months and was last updated on 15 April 2025.
Most popular company | Hertz |
|---|---|
Most common car type | Compact |
Average price per day | C$ 25 |
Cheapest price per day | C$ 7 |
Panama car rental prices in popular cities
Discover the price range for renting a car in popular cities across Panama, helping you budget and make informed decisions for your upcoming travel. There are 101 pickup locations in Panama to choose from. Price data has been averaged over the last 12 months and was last updated on 15 April 2025.
Price | C$ 10 - C$ 12 |
|---|
What is the cheapest time to rent a car in Panama?
Discover the most affordable period to rent a car in Panama 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 15 April 2025.
January
C$ 18
February
C$ 19
March
C$ 16
April
C$ 16
May
C$ 15
June
C$ 16
July
C$ 18
August
C$ 16
September
C$ 12
October
C$ 11
November
C$ 15
December
C$ 18
Currently, the cheapest month to rent a car in Panama 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.
Popular car types in Panama
Explore the most popular car models available for rent in Panama and choose the one that suits your needs. The price data is sourced from various car rental companies and was last updated on 15 April 2025.
In Panama, there are 204 active rental locations from 26 car rental companies. small car is the cheapest car type to rent in Panama in the past week - currently priced from C$ 7/day. View deals for 5 car types available to rent in this destination:
Economy
C$ 7+
Compact
C$ 7+
Intermediate
C$ 9+
Standard
C$ 12+
Minivan
C$ 72+
Full-size SUV
C$ 43+
Mini
C$ 7+
Passenger Van
C$ 76+
Compare available car types for rental in Panama
Compare and contrast the various car types offered for rental in Panama to find the perfect fit for your trip. Price data is based on averages over the last 12 months and was last updated on 15 April 2025.
Small cars | C$ 9 - C$ 24 | |
|---|---|---|
All Car Types | C$ 24 - C$ 39 |
To rent a small car in Panama, you would pay an average price of C$ 16/day. February is the cheapest month to rent a small car in Panama (~C$ 9/day), while the most expensive month to rent that same car type is April (~C$ 24/day). In fact, February is about 44% cheaper than prices during the rest of the year to book a small car rental for Panama. When comparing with other car types available for rental in Panama, renting a small car saves you 49% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama small car rental prices found by Cheapflights users in the past 7 days:
To rent a medium car in Panama, you would pay an average price of C$ 25/day. September is the cheapest month to rent a medium car in Panama (~C$ 14/day), while the most expensive month to rent that same car type is May (~C$ 31/day). In fact, September is about 44% cheaper than prices during the rest of the year to book a medium car rental for Panama. When comparing with other car types available for rental in Panama, renting a medium car saves you 20% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama medium car rental prices found by Cheapflights users in the past 7 days:
To rent a large car in Panama, you would pay an average price of C$ 50/day. September is the cheapest month to rent a large car in Panama (~C$ 33/day), while the most expensive month to rent that same car type is June (~C$ 71/day). In fact, September is about 36% cheaper than prices during the rest of the year to book a large car rental for Panama. When comparing with other car types available for rental in Panama, renting a large car is 40% more expensive. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity.
To rent a SUV in Panama, you would pay an average price of C$ 29/day. October is the cheapest month to rent a SUV in Panama (~C$ 22/day), while the most expensive month to rent that same car type is July (~C$ 37/day). In fact, October is about 27% cheaper than prices during the rest of the year to book a SUV rental for Panama. When comparing with other car types available for rental in Panama, renting a SUV saves you 4% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama SUV rental prices found by Cheapflights users in the past 7 days:
To rent a van in Panama, you would pay an average price of C$ 85/day. September is the cheapest month to rent a van in Panama (~C$ 55/day), while the most expensive month to rent that same car type is January (~C$ 119/day). In fact, September is about 37% cheaper than prices during the rest of the year to book a van rental for Panama. When comparing with other car types available for rental in Panama, renting a van is 64% more expensive. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama van rental prices found by Cheapflights users in the past 7 days:
To rent a pick-up truck in Panama, you would pay an average price of C$ 29/day. March is the cheapest month to rent a pick-up truck in Panama (~C$ 44/day), while the most expensive month to rent that same car type is February (~C$ 90/day). In fact, March is about 46% cheaper than prices during the rest of the year to book a pick-up truck rental for Panama. When comparing with other car types available for rental in Panama, renting a pick-up truck saves you 4% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Panama pick-up truck rental prices found by Cheapflights users in the past 7 days:
To rent a luxury car in Panama, you would pay an average price of C$ 67/day. February is the cheapest month to rent a luxury car in Panama (~C$ 32/day), while the most expensive month to rent that same car type is April (~C$ 119/day). In fact, February is about 53% cheaper than prices during the rest of the year to book a luxury car rental for Panama. When comparing with other car types available for rental in Panama, renting a luxury car is 54% more expensive. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity.
Top rental agencies in Panama
Explore the leading car rental agencies in Panama known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car rental companies in Panama. Reviews were last updated on 15 April 2025.
Have a look at the top rental car agencies available in Panama, including those that serve Panama City, Río Hato and David. See what past customers have to say, compare prices, and review other key details before deciding.
Thrifty
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Budget
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Dollar
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Avis
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
National
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Alamo
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Hertz
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Ace
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Best Panama car rental deals found
Browse through a selection of recently found affordable car rental deals in Panama. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Panama with an average daily rate of C$ 42. Data was last updated on 15 April 2025.
Take a peek at some options we've found for car rentals in Panama, including locations near Panama City, Río Hato and David. If these deals don't match what you're looking for, not to worry -- deals are updated on a regular basis.
Car rental FAQs
Find answers to frequently asked questions about car rentals in Panama, including policies, requirements, and more. FAQs were last updated on 15 April 2025.
Which car rental company is considered to be the best in Panama?
Taking our users’ ratings and reviews into consideration, Fox (10.0 rating), Budget (8.4 rating) and Dollar (7.1 rating) seem to be the best rental car companies in Panama.
What is the most popular car rental provider in Panama?
When renting a car in Panama, the most popular provider of rental cars among Cheapflights users is Fox, and with prices around C$ 13/day, it’s easy to understand why. The most popular car type from Fox is LUXURY, which starts as low as C$ 11/day.
What is the cheapest city to get a rental car in Panama?
At C$ 11/day, the cheapest car rental price in Panama was found in Panama City. On average, Río Hato has the cheapest daily rental car price (C$ 24/day), which is 9% below average price for cities in Panama.
What side of the road do you drive on in Panama?
In Panama, drivers are expected to drive on the right side of the road.