Cheapflights insights for Panama City car rentals
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 rentals in Panama City, make your reservation 7 days before pickup. The average price then is just HK$63/day – about 431% less than the yearly average.
What is the best car rental company in Panama City?
Based on Cheapflights user feedback, the highest-rated car rental company in Panama City is Budget (rated 8.7/10 with 12 reviews). Dollar (rated 6.8/10 with 5 reviews) is also highly rated by our users.
What is the cheapest month to rent a car in Panama City?
Planning to hire a car in Panama City? October is the cheapest month, costing about HK$63 per day. In contrast, February is the most expensive, with an average daily rate of HK$110. Monthly average car hire prices are listed below. Remember, prices can change based on when you book, the type of car, and availability.
January
HK$102
February
HK$110
March
HK$94
April
HK$94
May
HK$86
June
HK$86
July
HK$102
August
HK$102
September
HK$71
October
HK$63
November
HK$86
December
HK$102
What car do most people rent in Panama City?
Compact cars (Kia Sportage or similar) are the most popular option for those visiting Panama City. Economy cars (Class Economy SUV or similar) are also a popular choice, followed by SUV cars (Kia Sportage or similar).
Which car hire company has the most locations in Panama City?
Automarket Rent a Car has 13 locations throughout the area, more than any other company. Thrifty has the second-highest number of locations in Panama City at 10.
Top rental agencies in Panama City
Explore the leading car rental agencies in Panama City known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car rental companies in Panama City. Reviews were last updated on 30 June 2025.
Browse through some of the top rental car agencies in Panama City, including Budget, Dollar and National in Panama City. Skim reviews, rental company locations, prices, and more before making your decision.
Budget
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Dollar
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National
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Thrifty
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Avis
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Alamo
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Hertz
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Enterprise Rent-A-Car
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Car rental FAQs
Find answers to frequently asked questions about car rentals in Panama City, including policies, requirements, and more. FAQs were last updated on 30 June 2025.
How much does it cost to hire a car in Panama City for a week from Avis?
Avis is one of the top picks in Panama City. They can have you in a hire car for about HK$906 per week on average.
Can I rent a car for a month in Panama City?
The length of time you can book a rental for is subject to the inventory of the supplier. When renting a vehicle from Panama City it should be possible to rent a car for a whole month if needed.