Panama City Cheap Car Rentals & Car Hire Deals

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Explore Panama City with Cheap Car Rentals and Car Hire Deals

* Price found within the past 6 days. Click for updated prices.

Economy

  • 0 people
  • Unlimited mileage

AU$7

total
found 1 day ago
Economy undefined

Compact

  • 0 people
  • Unlimited mileage

AU$8

total
found 2 days ago
Compact undefined

Special

Dealers Choice
  • 4 people
  • Unlimited mileage
Dealers Choice

AU$12

total
found 1 day ago
Special Dealers Choice

Mini

Kia Picanto
  • 4 people
  • Unlimited mileage
Kia Picanto

AU$12

total
found 1 day ago
Mini Kia Picanto

Full Size Elite SUV

Toyota Fortuner 4WD
  • 7 people
  • Unlimited mileage
Toyota Fortuner 4WD

AU$78

total
found 1 day ago
Full Size Elite SUV Toyota Fortuner 4WD

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What you need to know for your Panama City car rental

Reasons to book a car rental in and around Panama City

Renting a car in Panama City provides you with the freedom and flexibility to explore the city and its surroundings at your own pace. This is especially beneficial for families or those travelling with luggage, as it allows for easy management of your belongings while enjoying a comfortable travel experience. With a rental car, you can conveniently visit key attractions such as Avenida Balboa and Amador Causeway, both ideal for city and cultural experiences. You can also explore Cinta Costera, a lovely urban park perfect for family outings and outdoor activities.

In addition to these attractions, a car enables you to discover popular neighbourhoods like Casco Viejo, which features the Metropolitan Cathedral of Panama and Independence Square, or Bella Vista, known for its vibrant atmosphere along Via Espana. El Cangrejo is another area worth visiting, offering a mix of dining and shopping experiences. With a rental car, you can create flexible travel plans without relying on public transport, making it easier to enjoy all that Panama City has to offer.

Most popular car rentals in Panama City

  • Fullsize SUV: The Fullsize SUV is a top choice for families and groups, accommodating up to 6 travellers along with ample luggage space for up to 3 large suitcases or 5 medium suitcases. This option is perfect for those who need extra room for both passengers and belongings, making it ideal for a comfortable and spacious travel experience around Panama City.
  • Economy: The Economy car is a practical option, accommodating up to 5 travellers with space for 2 medium suitcases. This type is well-suited for solo travellers, couples, or small families looking for an efficient vehicle to explore Panama City. It provides a balance of comfort and affordability, allowing you to navigate the city with ease.
  • Compact: The Compact car offers a convenient choice for up to 5 travellers, with the capacity to carry 3 medium suitcases. This option is ideal for solo travellers and couples seeking a smaller, more manageable vehicle for city driving. Its compact size makes it easy to navigate and park in urban settings while still providing sufficient space for your essentials.

Top rated car suppliers in Panama City

  • Budget: With a rental location in the heart of Panama City, Budget provides a convenient option for travellers seeking flexibility. Ideal for navigating the city, their most popular vehicles include Compact and Midsize SUVs, perfect for families or groups needing extra space. Known for offering great value, Budget allows you to manage your luggage easily and explore the attractions at your own pace.
  • Sixt: Sixt also boasts a rental location in Panama City, making it a great choice for those looking for a reliable and efficient service. Their most booked vehicle is the Midsize car, which offers a balance of comfort and performance, ideal for city driving as well as longer trips. With a focus on customer satisfaction, Sixt ensures a smooth rental experience, allowing you to make the most of your time in Panama.

Where to stay in Panama City

  • Casco Viejo: This historic neighbourhood offers a unique blend of cultural experiences and family-friendly activities. It features key attractions such as the Metropolitan Cathedral of Panama and the Interoceanic Canal Museum, both within a short distance. With a vibrant shopping area and appealing local bars and cafes, Casco Viejo ensures a lively atmosphere for visitors. A leisurely stroll can also lead you to the scenic Independence Square, perfect for soaking in the local culture and history.
  • Bella Vista: Known for its vibrant city life, Bella Vista is a great choice for families and business travellers alike. With proximity to popular shopping centres and malls, it caters to those who enjoy retail therapy. Key points of interest include Via Espana and Avenida Balboa, both offering a taste of the city's lively street life. The Cinta Costera urban park provides a refreshing escape with its beautiful outdoor spaces, ideal for relaxation or recreation.
  • Calidonia: This dynamic neighbourhood is perfect for those seeking a blend of family activities and urban exploration. Calidonia features convenient shopping areas and centres, making it a practical choice for visitors. Important attractions include Avenida Balboa and Via Espana, both showcasing the vibrant local culture. The nearby Cinta Costera urban park serves as a delightful outdoor venue for families, further enhancing the appeal of this lively area.

10 tips to save on your car rental in and around Panama City

  1. Use filters to find the right car: Refine your search by vehicle type and specific features. Whether you require an SUV for added space, a convertible for summer drives, or an economy car for budget-friendliness, utilise filters on Expedia to help you discover the best option for your journey.
  2. Book in advance to help lower costs: Rental rates can vary based on demand, so it’s advisable to secure your car well ahead of your trip. Booking in advance is likely to yield lower prices and greater availability, particularly during peak seasons.
  3. Consider a smaller car for savings: Compact cars are typically less expensive to hire and easier to park in busy areas. Mid-size rentals strike a good balance between cost, comfort, and fuel efficiency.
  4. Age guidelines: Drivers under the age of 30 may encounter higher deposits or daily surcharges, and certain types of vehicles—such as SUVs or premium models—may not be available. This can also apply to renters over 70 years old. Always verify the age requirements before making a reservation.
  5. Check fuel policies: Some rentals operate under a full-to-full fuel policy, meaning you must return the vehicle with a full tank to avoid additional charges. This is generally the most beneficial option. Others may provide full-to-empty or prepaid refuelling choices, which are acceptable as well. Just ensure you return the car empty in this scenario.
  6. Save on city and airport pickups: You will often incur a surcharge for collecting your rental car at airports, but the convenience may justify the extra cost.
  7. Know your payment options: Many car rental companies exclusively accept credit cards for payment.
  8. Understand your insurance coverage: Car rental insurance can help you avoid unnecessary expenses and provides peace of mind should the unexpected occur during your trip. It's straightforward to add car rental insurance when booking with Expedia.
  9. Consider unlimited mileage: If you plan on taking long road trips, seek out rentals that offer unlimited mileage to prevent additional charges.
  10. Bring your driver's license and ID: A valid driver's licence is essential for renting a car.

Best time to rent a car in and around Panama City

The best value period for renting a car in and around Panama City is August, when prices are moderately low and demand is also low. July and May can also be good options, featuring similar low demand and prices. In contrast, December tends to be the most expensive month with high demand, alongside January and February, which are also notably busy and pricier. March follows closely with moderately high prices and consistent demand, making it a less ideal choice for budget-conscious renters.

calendar iconCalendar Monthtemperature iconTemperaturerain iconPrecipitationmostly cloudy iconCloudinessoccupation rate iconDemandprice iconPricing
January78.8°F (26.0°C)No Rain (Dry)Mostly SunnyHighAverage
February79.2°F (26.2°C)No Rain (Dry)Mostly SunnyHighAverage
March79.7°F (26.5°C)No Rain (Dry)Mostly SunnyHighModerately High
April80.4°F (26.9°C)Light RainMostly SunnyAverageAverage
May80.2°F (26.8°C)Frequent RainMostly CloudyLowModerately Low
June79.9°F (26.6°C)Frequent RainMostly CloudyAverageAverage
July79.3°F (26.3°C)Frequent RainMostly CloudyAverageModerately Low
August79.2°F (26.2°C)Frequent RainMostly CloudyAverageModerately Low
September79.3°F (26.3°C)Frequent RainMostly CloudyLowAverage
October78.6°F (25.9°C)Frequent RainMostly CloudyLowModerately High
November78.3°F (25.7°C)Frequent RainMostly CloudyAverageAverage
December78.6°F (25.9°C)Light RainMostly CloudyAverageModerately High

Information on Car Rentals

Popular Car Rental Types:
Hire a SUV, Economy, Luxury, Full Size
Car Rental Suppliers Available:
Today's Best Car Rental Offer:
AU$7
Second Best Car Rental Deal:
AU$8
Third Best Car Rental Deal:
AU$12
Airport to hotel transportation:
Airport Transportation

Frequently asked questions

How much is a rental car per day in Panama City?
Daily rental prices were as low as AU$7 within the past seven days. With rates like this, zipping around the streets of Panama City in your own set of wheels is an affordable way to see the sights.
Can I rent a car from Tocumen Intl. Airport (PTY)?
With Thrifty Car Rental and Fox Rental Cars within a quick commute of Tocumen Intl. Airport (PTY), getting off the plane and hitting the open road is quick and easy.
What happens if I need to cancel my Panama City car reservation?
We get that things can change at short notice. That's why a large number of reservations offer a total refund if you cancel six hours prior to the pickup time. Your rental agreement should have all the details you need. If you can't see the answer there, our Customer Service Portal is available to help.
What types of cars can I rent in Panama City?
Many visitors rent economy cars in Panama City. Motorists love them because they're easy on the wallet. Plus, their smaller size makes them perfect for driving around cities, where streets are busy and parking spaces are tight. But your options don't stop there. Full-size, mid-size and premium cars are part of our rental range too. Whether you're sticking around Panama City or venturing beyond, we'll have a ride that fits your needs.
Where can I go on a road trip from Panama City?
There's heaps to do in Panama City, but venture further afield and you'll find even more magic. Rent a set of wheels and you can wander around the greater area at your leisure. Add these fantastic drives to your to-do list:
  • Colon is about 56 kilometres from Panama City. Popular tourist attractions like Gatun Locks deserve to be high on your list while you're in town.
  • Your next pit stop? Make it Santiago, which is around 193 kilometres away. Escuela Normal Juan Demostenes Arosemena is one local draw card you really shouldn't miss.
  • Get out into the outdoors and take in the serenity at Starfish Beach. You'll find it approximately 306 kilometres from Panama City.
How do I find the best car rental deals in Panama City with Expedia?
Whatever type of wheels you want, Expedia will help you pick up the best deal. Just compare the offers from reliable rental suppliers and pick the option that works for you. Love to drive away with even bigger savings? Bundle your Panama City car rental with flight or hotel bookings.
What do you need to rent a car in Panama City?
Any rental company you select will require two things — a current driver's licence and credit card. If you choose to opt out of the supplier's insurance plan, proof of other coverage will also likely be needed. Read through your policy so you know what to bring when it's time to pick up the keys.
What is the cheapest car rental in Panama City?
Based on prices found over the past seven days, you could've hopped into the driver's seat of a rental car for just AU$7 a day. The second lowest daily rate offered in Panama City was AU$8. These rates were available on Expedia, with a rental starting date within the next year. Prices and availability are subject to change and additional terms apply.
Can I rent a car for a month or longer in Panama City?
Yes, and you'll find your ideal set of wheels on our long-term car rental deals page. Just enter your trip information and we'll list amazing options from various reputable suppliers.
Where can I find a Panama City car rental if I am younger than 25?
Age policies differ between rental suppliers, so you'll have to do a bit of homework. Managed to find a Panama City outlet that does rent to drivers under 25 years of age? Awesome! Just take note that some companies charge additional fees to drivers aged between 21 and 24. The terms and conditions of each rental car you're looking at should have all the details you need.

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