What is the cheapest time to rent a car in Panama City?
Discover the most affordable period to rent a car in Panama City 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 20 February 2025.
January
₹ 1,129
February
₹ 1,129
March
₹ 1,129
April
₹ 955
May
₹ 955
June
₹ 1,042
July
₹ 1,129
August
₹ 1,042
September
₹ 781
October
₹ 695
November
₹ 955
December
₹ 1,129
Currently, the cheapest month to rent a car in Panama City is October. The most expensive time to rent a car is January. 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.
Compare available car types for rental in Panama City
Compare and contrast the various car types offered for rental in Panama City to find the perfect fit for your trip. Price data is based on averages over the last 12 months and was last updated on 20 February 2025.
Small cars | ₹ 548 - ₹ 2,629 | |
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All Car Types | ₹ 548 - ₹ 8,179 |
To hire a small car in Panama City, Panama, you would pay an average price of ₹ 849/day. November is the cheapest month to hire a small car in Panama City, Panama (~₹ 548/day), while the most expensive month to hire that same car type is September (~₹ 2,629/day). In fact, November is about 36% cheaper than prices during the rest of the year to book a small car hire for Panama City. When comparing with other car types available for hire in Panama City, hiring a small car saves you 44% 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.
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 20 February 2025.
Rent a vehicle with one of these top rental car agencies serving Panama City, such as Budget, Dollar and Thrifty. Make sure to read reviews, pricing info, location, and other important details before choosing a rental car agency.
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Dollar
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Thrifty
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National
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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 20 February 2025.
Which car hire company is considered to be the best in Panama City?
Taking our users’ ratings and reviews into consideration, Budget (8.5 rating), Dollar (6.9 rating) and Thrifty (6.0 rating) seem to be the best car hire companies in Panama City.
What are petrol prices like in Panama City?
The average price of petrol in Panama City is ₹ 76/litre over the past month, costing you anywhere between ₹ 3,441 and ₹ 4,970 to fill up a car’s fuel tank.
How far in advance should I hire a car in Panama City for the best price?
Booking early can save you upwards of 70% on your car hire. Booking your vehicle at least 7 days in advance can you get you a great below-average price in Panama City.
Can I rent a car for a month in Panama City?
Typically, how long you can rent a car for depends on the inventory of the supplier. For Panama City however, it is certainly possible to rent a car for an entire month.
What car do most people hire in Panama City?
The most popular car to hire while in Panama City is the Kia Picanto, which is a Mini vehicle.