Car hire in Panama City, Panama

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Choose from 105 pick-up spots

Find cheap car hire in Panama City

These are the lowest Panama City car hire prices we found over the next 30 days and are subject to change.

When's the cheapest time to hire a car in Panama City?

Our data shows that September is the cheapest month to rent a car in Panama City. It’s around $54 per day in September, compared to the yearly average of $79 per day.
Cheapest month avgSeptember • $54
Yearly avg price$79

Select your Panama City pick-up location

There are 105 car hire providers in Panama City. Check out the map below to find the most convenient pick-up spot.

Car hire pick-up spots in Panama City

Compare car hire prices at airports, train stations and in different neighbourhoods across Panama City. You might find a better price, or the perfect pick-up point nearby. Start your journey where it suits you.
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These are estimated prices to help you choose from a large number of options. Each is an average based on the lowest car rental prices found for each destination over the last 15 days.

The most popular car rental companies in Panama City

Sixt
Automarket Rent a Car
Routes Car Rental
Avis
Green Motion
Thrifty

What's the most popular car to hire in Panama City?

Based on recent Skyscanner data, the Kia Picanto is the most popular car to hire in Panama City, with prices starting from $10 per day. The Hyundai Venue and similar models are also popular drives in Panama City.
Kia Picanto
Kia Picanto13% chose this
Hyundai Venue
Hyundai Venue9% chose this
Hyundai i10
Hyundai i108% chose this
Hyundai Tucson
Hyundai Tucson7% chose this
Most popular carKia Picanto
Why?Small, practical, easy to park

Panama City's cheapest car hire providers

Sixt has the cheapest car hire in Panama City right now, with prices from $10 per day. You'll save an average of $9 per day when you book with them.
Sixtfrom $10 per day
Hertzfrom $17 per day
Green Motionfrom $18 per day
Ace Rent a Carfrom $21 per day
Cheapest providerSixt
Book with them to save around$9 per day

Hiring a car in Panama City: Fast facts

Here's everything you need to know to hit the road happy.
Most popular car hire companySixt
Most popular carLarge, fullsize
Average daily price$130
Best time to book3 weeks before

How to book the best car rental deals in Panama City

We’re frequently named as the most trusted travel search site out there. We scan hundreds of trusted travel providers and put it all in one place, allowing you to instantly compare car hire rates and then book with no fees. Here's how to get the most out of your Panama City car rental search.

How to find a cheap car hire deal in Panama City

  • Pick up a cheap rental car in Panama City for an average of $130 a day and hit the road happy. We do the hard work for you by searching all the top rental companies, putting amazing deals at your fingertips.

  • $10 is the cheapest daily price listed for a rental in Panama City.

  • For longer trips, pick up a weekly rental from $70 and make room for more adventures.

  • Here's your clue on when to book. Around three weeks in advance gives you the best window to grab the best price on a Panama City car hire.

  • Avis, MEX and Dollar are some of the best-known providers in the city. They're a smart place to start comparing offers.

  • Whether you choose Avis or another supplier, double-check the coverage on your Panama City car hire. Some companies include a collision damage waiver (CDW), while others offer it as an optional extra.

  • Booking a one-way car hire is often a great hack for finding a deal. Select 'Return car to a different location.' Providers sometimes have to move vehicles from one branch to another, which means you can bag some awesome one-way prices on a car for rent in Panama City.

  • Avoid any surprise charges by booking a vehicle with a 'Fair fuel policy.' Begin and end your trip with a full tank, paying only for what you use.

  • Hit the highway without watching the miles and racking up extra charges. Go to the 'Policies' filter and choose 'Unlimited mileage' to find a car that lets you go the distance.

Best value car hire options right now

  • You'll find the best deal with this company. Prices average $59 a day.

  • Next in line is [this provider](this provider), offering daily rates of around $81.

  • The third option also keeps costs reasonable. Expect to pay roughly $42 a day for one of their rentals.

  • After a car that works for most trips? The fullsize rental category is the number one choice for travellers visiting Panama City.

Flying to Panama City? Think about an airport pick-up

Compare car hire types in Panama City

  • Small: Whether you're zipping around the city or taking a quick trip, this car category delivers big value in a small package. Including mini and economy classes, you can expect easy handling and excellent fuel efficiency.

  • Medium: Not too small, not too big, this is the Goldilocks of rentals! Typically including compact and intermediate cars, they strike a balance of fuel efficiency and interior space and are good for couples and small families.

  • Large: Long drives fly by in this Panama City car hire category. Also known as full-size, their bigger engines are built to perform. The extra space and comfort make them an excellent option for groups of friends and families.

  • SUV: Get a higher ground clearance and a commanding view of the journey ahead in an SUV. Whether you're carving through winding trails or cruising along wide-open highways, many offer all-wheel drive to keep you steady on any road.

  • Van: Go for this vehicle category when you want a car for rent in Panama City that makes light work of heavy loads. Typically featuring commercial vans and trucks, they're made to carry more, whether that's supplies, suitcases or groups of people.

Insurance and optional extras

  • Excess insurance covers what you'd otherwise have to pay if your Panama City car hire is damaged or stolen. While not mandatory, it's a smart add-on if you'd rather play it safe. Just remember that not all insurance policies are equal, so make sure you know exactly what's offered.

  • Take your ride to the next level with extras like mobile Wi-Fi or a reverse camera. These add-ons can turn your drive into a smoother experience when you rent a car in Panama City.

Good to know

  • Check each company's age requirements before booking your car rental in Panama. Rules can differ, and extra charges or restrictions may apply if you're a younger driver. At the start of your search, simply uncheck the 'Driver aged between 25–70' box and enter your age to explore your options.

  • Travel plans include the kids? Car seat laws vary depending on where you are, and the right setup may depend on their height, weight and age. Be sure to add the right one to your Panama City car rental reservation.

  • Bring the right documents and save time at pick-up. You'll generally need your physical driver's licence (not a screenshot or digital version) plus another photo ID. Have a credit card ready for the deposit too. If there's anything extra, it'll be listed in your booking.

  • Spend a moment familiarising yourself with your rental. Fix your seat and mirrors, test the brakes and turn signals, and get a feel for its handling before you drive away. And remember to stick to the right side of the road in Panama.

  • Local speed limits are usually about 45kph through built-up areas and around 110kph on highways. Always check the posted signs, as limits may vary.

  • The blood alcohol concentration (BAC) limit in Panama is 0.05%. Since alcohol's effects vary from person to person, the only way to be sure you're safe to drive is to avoid drinking.

  • One of the busiest times to be on the road in this destination is around 8am. Make travel easier by steering clear of peak periods.

Best hotels in Panama City for drivers

  • Spend less time circling for a parking space and more time enjoying the comfort of Sofia's B&B Hostal Boutique. About 3 kilometres from central Panama City, it comes with parking, air conditioning and a laundry.

  • Sofitel Legend Casco Viejo - Panama City makes life simpler with parking and features such as a fitness centre and a beauty salon. It's roughly 3 kilometres from the city centre.

  • Browse through the range of hotels in Panama City for even more choices. Use the 'Parking,' 'Outdoor parking,' and 'Valet parking' filters to find the ideal fit. You can even select the 'Electric vehicle (EV) charging station' filter to limit results to EV-friendly stays.

  • It's time to start exploring now you've found a car hire deal in Panama City and your hotel. From Casco Viejo to Metropolitan Cathedral (Catedral Metropolitan) and Independence Square, you'll find plenty to fill your days here.

Hit the road: Where to drive to from Panama City

  • Keep travelling to Colon. Around 56 kilometres northwest of central Panama City, it's home to must-sees like Agua Clara Locks and Catedral Inmaculada Concepcion.

  • You'll be well taken care of at Radisson Colon 2,000 Hotel & Casino and New Washington Hotel, two accommodation options with parking in Colon.

  • Or make the trip to La Chorrera after picking up your cheap car hire in Panama City. It's around 31 kilometres west and features highlights like La Esquina Real Hortencio De Icaza.

  • Stretch your journey and road-trip it to Pocrí, around 137 kilometres southwest of Panama City. First, swing past Stella Sierra Regional Museum, then spend some time at Parador Fotográfico | Aguadulce.

Frequently asked questions

The cheapest car hire companies in Panama City are currently DRIVE CYPRUS and Green Motion.

Bagging the best car hire deal depends on when you book  – often, it pays to book your wheels as far in advance as possible. But according to our data, the cheapest month to rent a car in Panama City is currently May.

On average, around $728. But the best price we found for car hire for a week in Panama City is $70.

Based on everything we know about daily prices, the average cost to hire a car in Panama City for a whole month is $2,147. 

But sometimes, you'll get a discount for booking a whole month instead of 3 and a half weeks. So play with your dates to find the best deals!

If you're looking for freedom to explore Panama City, choose a car with unlimited mileage, or look for car hire deals with a ’full to full' fuel policy as opposed to a 'half-full to full' one.

We also clearly highlight car and van hire options in Panama City that have free cancellation

If you've booked car hire with free cancellation, you can usually cancel or change your booking without paying a fee. The deadline depends on the car hire company, but it's typically around 48 hours before pick-up. If you cancel after that, you may be charged. If your booking doesn't include free cancellation, you'll need to check the car hire company's cancellation policy. Depending on when you cancel, you might have to pay a fee or you won't get a refund.
Yes. Most car hire companies in Panama City offer same-day car hire. If you're looking for last-minute car hire in Panama City, search for today's date on Skyscanner to compare what's available.
The best time to book car hire in Panama City is usually as early as you can. Booking ahead often means cheaper prices and more cars to choose from. You can sometimes find a good last-minute deal, but it's never guaranteed and availability is often more limited.
It depends on the car hire company. Some companies in Panama City will let you drive your hire car abroad, often for an extra fee, while others don't allow it. If you're planning to cross a border, check with the car hire company before you travel. Driving your hire car abroad without permission could invalidate your insurance or break the terms of your rental agreement.
It depends on the car hire company. Some accept debit cards, others require a credit card. Either way, you'll need enough money on your card to cover a security deposit which you'll get back when you return the car.
Electric cars aren't currently available to hire in Panama City. More electric cars are becoming available, so that could change in the future. If you're still looking for a lower-emission option, you can compare hybrid cars on Skyscanner.

Yes – you can easily find car hire companies that allow you to pick up your car in one place, and then drop it off in another. Just select ‘Return car to a different location’ when you search with us.

Public transport can only get you so far, and could be tricky to navigate with children or luggage. With your own set of wheels, you can go wherever you want, whenever you want, for as long as you want. And you'll be able to discover more outside of Panama City.

Of course. Most major car hire companies like Sixt, Automarket Rent a Car and Routes Car Rental offer baby and child seats as an add-on when you book.

The best car hire company depends on what's most important to you. If customer ratings are your priority, here are some of the highest-rated car hire companies in Panama City, based on Skyscanner reviews. We've also included their average daily prices to help you compare your options.
Budget
4.7/5 (from 18 reviews)
Average daily price: $71
Sixt
4.6/5 (from 27 reviews)
Average daily price: $140
Automarket Rent a Car
1.0/5 (from 1 reviews)
Average daily price: $81
You don't have to get it, but it's worth thinking about. In Panama City, the excess (what you pay if the car gets damaged or stolen) ranges from $857 to $9,160 depending on who you book with. The cost of excess insurance also varies by car hire company. You can buy excess insurance separately, which is usually cheaper than buying it through the car hire company.
Yes. Most car hire companies in Panama City let you add an extra driver. You usually need to pay an additional driver fee which costs around $1 per day. The good news is that some companies like Dollar include it at no extra cost.
Yes – van hire is available in Panama City.

On average, hiring a car in Panama City will set you back around $130 per day or $728 per week. 

Most places – Panama City included – allow under 25s to rent a car as long as they provide a valid driver's license and the correct documentation. It may cost slightly more due to a higher insurance excess for young drivers. 

Other travellers rated Budget as the best overall in terms of experience.