Cheap Car Rentals in Panama from just $5

Looking for cheap car rental deals in Panama? Search right here on momondo!

Discover deals from rental companies in 70,000+ locations with momondo.

Best deals found for Panama car rentals

Find great deals below on a variety of popular rental cars in Panama

Kia Rio

or similar Economy

Up to 2 passengers

4-door vehicles

$5/day

25 jul. - 31 jul.

See offer

Honda Civic

or similar Compact

Up to 4 passengers

$5/day

15 jul. - 21 jul.

See offer

Acura TLX

or similar Intermediate

Up to 5 passengers

4-door vehicles

$5/day

28 jul. - 7 ago.

See offer

Kia Rio

or similar Economy

Up to 2 passengers

4-door vehicles

$5/day

19 jul. - 30 jul.

See offer

Hyundai i10

or similar Mini

Up to 2 passengers

$5/day

16 ago. - 23 ago.

See offer

Nissan Versa Note

or similar Compact

Up to 4 passengers

$5/day

5 ago. - 26 ago.

See offer

Mitsubishi Mirage

or similar Economy

Up to 2 passengers

5-door vehicles

$5/day

10 jul. - 13 jul.

See offer

Hyundai i10

or similar Mini

Up to 2 passengers

$5/day

11 jul. - 12 jul.

See offer

Toyota Yaris

or similar Compact

Up to 4 passengers

$5/day

8 jul. - 15 jul.

See offer

Rental cars insight and trends in Panama

Useful insights to help you book the perfect rental car in Panama

Companies

Other Information

What is the cheapest rental car agency in Panama?

At the moment, the cheapest car rental agency in Panama is Europcar, through whom users can find deals for as low as $4 per day. Users who book a rental car with Europcar tend to find prices that are lower than the $22 per day national average. Keep in mind that prices may vary depending on where you are renting, how many days you rent for, and the type of rental car you choose.

What is the most popular rental car agency in Panama?

If you plan to rent a car in Panama, we recommend booking with Budget, one of the most popular rental agencies in the country. In the past month, 37% of our users selected Budget for their car rental needs. The agency also has a customer satisfaction rating of 8.5 out of 10 from 63 reviewers.

What car rental company in Panama has the most locations?

Automarket Rent a Car is the rental car company in Panama that currently has the most locations. With 23 car rental centers across the country, you should have no issue finding one of their locations at your destination. Consider visiting Panama City, the most popular city in Panama. Automarket Rent a Car has a large presence here with over 13 locations - many of which can be found within the airport and city center.

Panama car rental deals found on momondo

Find the rental car in Panama that's right for you

	Small cars	$10 - $16
	All Car Types	$21 - $32

The average price of a small car rental in Panama is $12. The cheapest time to rent a small car in Panama is in October. The price is 24% lower than the rest of the year at just $10 per day. A small car rental is typically 52% less expensive than the average rental car in Panama. The average price of a vehicle rental in Panama can vary based on a number of factors including supply, popularity of the vehicle, and how far out you book your rental car. Below are the best prices for Panama small car rentals found on momondo in the past week.

The average price of a medium car rental in Panama is $18. The cheapest time to rent a medium car in Panama is in January. The price is 23% lower than the rest of the year at just $14 per day. A medium car rental is typically 34% less expensive than the average rental car in Panama. The average price of a vehicle rental in Panama can vary based on a number of factors including supply, popularity of the vehicle, and how far out you book your rental car. Below are the best prices for Panama medium car rentals found on momondo in the past week.

The average price of a large car rental in Panama is $40. The cheapest time to rent a large car in Panama is in November. The price is 28% lower than the rest of the year at just $29 per day. A large car rental is typically 33% more expensive than the average rental car in Panama. The average price of a vehicle rental in Panama can vary based on a number of factors including supply, popularity of the vehicle, and how far out you book your rental car. Below are the best prices for Panama large car rentals found on momondo in the past week.

The average price of a SUV rental in Panama is $25. The cheapest time to rent a SUV in Panama is in November. The price is 20% lower than the rest of the year at just $20 per day. A SUV rental is typically 8% less expensive than the average rental car in Panama. The average price of a vehicle rental in Panama can vary based on a number of factors including supply, popularity of the vehicle, and how far out you book your rental car. Below are the best prices for Panama SUV rentals found on momondo in the past week.

The average price of a van rental in Panama is $65. The cheapest time to rent a van in Panama is in June. The price is 17% lower than the rest of the year at just $54 per day. A van rental is typically 59% more expensive than the average rental car in Panama. The average price of a vehicle rental in Panama can vary based on a number of factors including supply, popularity of the vehicle, and how far out you book your rental car. Below are the best prices for Panama van rentals found on momondo in the past week.

The average price of a pickup truck rental in Panama is $37. The cheapest time to rent a pickup truck in Panama is in November. The price is 19% lower than the rest of the year at just $31 per day. A pickup truck rental is typically 29% more expensive than the average rental car in Panama. The average price of a vehicle rental in Panama can vary based on a number of factors including supply, popularity of the vehicle, and how far out you book your rental car. Below are the best prices for Panama pickup truck rentals found on momondo in the past week.

The average price of a luxury car rental in Panama is $54. The cheapest time to rent a luxury car in Panama is in November. The price is 26% lower than the rest of the year at just $40 per day. A luxury car rental is typically 50% more expensive than the average rental car in Panama. The average price of a vehicle rental in Panama can vary based on a number of factors including supply, popularity of the vehicle, and how far out you book your rental car. Below are the best prices for Panama luxury car rentals found on momondo in the past week.

Kia Rio

or similar Economy

Up to 2 passengers

4-door vehicles

$5/day

25 jul. - 31 jul.

See offer

Honda Civic

or similar Compact

Up to 4 passengers

$5/day

15 jul. - 21 jul.

See offer

Toyota Yaris

or similar Mini

Up to 2 passengers

$6/day

18 jul. - 25 jul.

See offer

Panama car rental directory

All major car rental suppliers in Panama

Thrifty

5.6

Fair

31 reviews•17 locations

Check prices

Overview

Recent reviews

2.0

Poor|Dec 2023

There was nobody at the counter. I had to Take a taxi from airport to the hotel.

10.0

Wonderful|Jul 2023

Excellent service, great location (Panama City, Via España) comfortable vehicle. I recommend it.

2.0

Poor|Jul 2023

My initial quote for the rental was $155 for a week. Once I arrived at the Thrifty Office in David, Panama and got my bill it was $555.00 They came out wihh all kinds of rules regarding how much yhey would gave to hold on my credit card if didn’t take the “full coverage insurance.” None of g the his was divulged to me at time of reservation. I felt as though I was extorted out of $400 dollars since they knew I was in small towns with my family with very few choices at the time. WILL NEVER USE THRIFTY OR THIS BOOKING AGAIN. Deceitful. If you (KAYAK) wants prove (documentation) which supports my claim, I will gladly send you copies. Olin

2.0

Poor|Feb 2023

I arrived to the Thrifty office showing my email confirmation and there was no car. Their argument was that internet is not reliable. I needed the car so just went to another provider nearby but had to pay double. Don’t book from one day to the other and don’t use Kayak.

10.0

Wonderful|Feb 2023

Great experience

2.0

Poor|Jan 2023

They refused to honor the booking. They insisted they would not rent the car without the CDW, even though this kind of insurance is already provided on my credit card. They pretended the cdw was obligatory by law in Panama but it's not. Liability insurance is, but it was already provided in the quote. I rented a car successfully from Express, who do not try to scam tourists with hidden fees that triple the price of the rental.

1 out of 11

Budget

8.5

Very good

26 reviews•12 locations

Check prices

Overview

Recent reviews

10.0

Wonderful|Sep 2023

Me gustó que fue muy rápida y sencilla la entrega, para mejorar sería la inclusión de la calculadora con el valor del auto con el valor mínimo incluido el seguro obligatorio contra terceros para no tener que llegar a revisar el tema y que salgan valores no estimados

10.0

Wonderful|Aug 2023

The vehicle we reserved was a practically new model SUV that met our expectations. Proximity to the airport and helpful staff made the pickup and drop off a pleasant experience.

10.0

Wonderful|Apr 2023

Everything was fantastic!

8.0

Very good|Apr 2023

Overall ok . Would use again

10.0

Wonderful|Apr 2023

Decameron Budget staff are first rate. Small tourist business works well. Fluent in English.

8.0

Very good|Mar 2023

Good sevice and car

1 out of 9

View Budget Locations in Panama

Dollar

7.1

Good

6 reviews•17 locations

Check prices

Overview

Avis

6.3

Okay

9 reviews•8 locations

Check prices

Overview

Recent reviews

6.0

Okay|Apr 2023

Be aware of waiting time. Could take a lot longer than in the States. They still have old printers and computers.

2.0

Poor|Feb 2023

The reservation was supposed to be a pick up from airport but the car was not there. I had to take taxi to the city and pick it up from another location. Staff at airport was rude. The vehicle had a broken trunk latch, I had to crawl through the back seats to open it from inside everytime, which was a pain in the a** with all the luggage.

8.0

Very good|Apr 2022

Good

1 out of 3

National

6.1

Okay

3 reviews•11 locations

Check prices

Overview

Recent reviews

8.0

Very good|Jan 2022

I was astonished with how much the insurance that they require you to have is. It was just about more than the actual rental. This is something that should be told to us when we rent. Knowing beforehand would be very very helpful

2.0

Poor|Jan 2022

worst service ever

1.9

Poor|Jul 2021

Please provide more information regarding what is need to rent the car because for us it was impossible

1 out of 1

View National Locations in Panama

Alamo

5.7

Fair

15 reviews•11 locations

Check prices

Overview

Recent reviews

4.0

Mediocre|Jul 2023

Mandatory insurance costs are not included in the totals displayed online, so the price was ultimately much higher than anticipated. Also, they required renters to make the vehicle spotless inside and out or else pay a cleaning fee. Please also note the rental office is not inside Albrook airport as advertised - it’s not far away, but a bit confusing upon arrival.

2.0

Poor|Mar 2023

When I went to pick up the car they wanted twice the price quoted on Kayak. Something to do with Insurance which I rejected. They insisted there was no choice for me...Panamian law. This should be quoted in the total price by Kayak. Very misleading. I had to pay a $1050 bond, taken from my credit card. Worst of all, when I returned the car, they deducted the rental cost from the bond and promised to refund the rest within 5 days. Instead they charged the amount to my credit card as a debit, not as a credit. I am still fighting for the refund some $US860. Never again.

4.0

Mediocre|Feb 2023

The car was clean. They forced us to buy insurance even though I had it on my credit card. We had to upgrade the car because they didnt have the class car we ordered and they didn't have a car seat for my child.

4.0

Mediocre|Feb 2023

I was giving back the car at the airport on February 19. They never told me the car place would be closed. I showed up with limited time to spare for my flight only to find no one there and no number to call. Rather there was a number, but every time I called nobody picked up Finally, I found somebody back in Chandler at the airport who understood who to call you called spoke Spanish to a number I didn’t know but he had a number and they told me to leave the car and leave the keys in the box in front of the office and have the camera take a picture that’s what I did and I assume and hope that will be no damages because there is no damages. I had no other choice because I had to get a plane. This is not a level of service expected from your company.

10.0

Wonderful|May 2022

It was driven by National Team not Alamo. The car and service were great.

2.0

Poor|Jan 2022

Car as ordered not available

1 out of 5

View Alamo Locations in Panama

Hertz

4.6

Mediocre

11 reviews•17 locations

Check prices

Overview

Recent reviews

2.0

Poor|Mar 2023

I reserved for one month for Panama for 940 and I my flight was delayed they wanted 2000)!

2.0

Poor|Jan 2023

All ok apart from pricing. Booked one way ride and I was charged extra 200$ just for this. No indication during booking that the price can be so high. I've rented many times with different companies around the globe and always booking price was the one you pay. Minor adjustments such as insurance ok but not 5x more. Knowing this before booking would make me book Avis which had better drop-off location.

2.0

Poor|Feb 2022

Hidden fees! The insurance was much more than any other country ($37 per day) and even though my quote said nothing about a one way fee it was.mandatory and $190. A total rip off!!!

8.0

Very good|Feb 2022

They really push you to get all insurance through them. Even tho we had insurance with our credit card, their deposit went from $1,000.00 to $100.00 if we insured with the car rental company and they said we would not get our deposit back for 2-3 weeks.

1 out of 4

View Hertz Locations in Panama

Ace

3.7

Poor

3 reviews•8 locations

Check prices

Overview

Car rental in Panama

Learn everything there is to know about renting a car in Panama so you can be properly prepared for your next trip

What side of the road do people in Panama drive on?

Whether you rent or own a car in Panama, you are required by law to drive on the right. Keep in mind that if you do not feel comfortable driving on this side of the road, you can always call a taxi or opt for a ride share.

How good are the roads in Panama?

Panama has a road quality score of 4.6 on a scale of 1 to 7, where 1 is the lowest rated score. This puts Panama at 45 out of 137 countries for road conditions. You may find that depending on where you travel within Panama that the road quality will vary.

What is the drinking and driving limit in Panama?

The BAC limit is 0.00% in Panama - this applies to both visitors and residents. Your BAC level is a measurement of the percentage of alcohol in your bloodstream. This information is used to determine how inebriated an individual is. Driving a vehicle with a BAC higher than 0.00% is against the law in Panama and you will be deemed as ‘driving under the influence’. Keep in mind that you must also be at least 18 years of age to consume alcoholic beverages, and it is not recommended to operate a motor vehicle under the influence.

How much does gasoline cost in Panama?

As of last week, the average price of gasoline in Panama was $3.41 per gallon. According to our data, Panama has neither the most expensive nor the cheapest gas prices in the world. Kuwait currently has the least expensive at $1.29 per gallon, while Hong Kong has the most expensive at $13.48 per gallon. Keep in mind that gas prices change regularly and may be different during your travel dates.

When did momondo last update prices for cars in Panama?

Prices for cars in Panama are refreshed on a daily basis.

How many operators does momondo search for cars in Panama?

There are 205 operators available for cars in Panama as of July 2025.

How old do you have to be to hire a car in Panama?

Age requirements for drivers vary depending on the country, including Panama. In several EU countries, drivers must be 18 years old. Generally, to rent a car overseas, you must be at least 21 years old, and if you're under 25, you may be charged a young driver surcharge. It's recommended that you review the policy of your preferred rental company before booking.

What documentation or ID do you need to rent a car in Panama?

When renting a car in Panama, all drivers must present a full valid driving license. An International Driving Permit is required if the driving license is written in a language different to that of the country of rental and may be necessary to avoid the risk of potential fines. If you are renting abroad, you may also need to provide proof of return travel and accommodation information during your stay. We always recommend checking with the individual rental company you are booking with.

Why use momondo?

Why should I use momondo to book a car rental in Panama?

Using momondo to book a car rental in Panama could save you time and money. momondo searches thousands of car rental websites and locations to provide you with a wide selection of options and cars to choose from.

How does momondo help me find the best car rental deal in Panama?

momondo enables you to find the best car rental deal in Panama by providing useful filters to narrow your search. Filters include, but are not limited to: price, body type, rental company and specific policies that you may want.