Car Rental in Panama City (Downtown)
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Cheapest car rental rates
Economy
Kia Picanto or similar
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
$23.24 per day
Mini
Kia Picanto or similar
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$30.93 per day
Compact
Kia Soluto or similar
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$35.74 per day
Intermediate
Suzuki Ciaz or similar
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$37.64 per day
Most popular car rental deals
Standard
Toyota Yaris Advance or similar
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$43.02 per day
Full-size
Toyota Corolla or similar
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$27.43 per day
Luxury
Kia Optima or similar
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
$30.65 per day
Premium
Toyota Corolla or similar
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$48.35 per day
The above prices are only approximate and were last updated at 5:22 PM on 2/24/25. Prices may vary based on the booking dates, length of rental, and car class.
Why book with us?
Special offers
As a market leader, we get special offers like contactless pick-ups, great prices, and free upgrades.
Award-winning
World's Leading Car Rental Booking Website in the World Travel Tech Awards (4 years in a row).
Highly-rated
A combined rating of 4.5 with 175k+ total reviews on platforms like Trustpilot, Google, and Review Center.
4M users
Have already booked on one of the fastest-growing car rental booking websites.
Travel information
Languages
Spanish, English
Currency
PAB
Drive on
Right-hand side
Country code
+507
Average car rental price
$35 per day
Average car rental length
9 days
Speed limit within town
40 - 60 km/h or 25 - 37 mph
Speed limit out of town
100 km/h or 62 mph
Acceptable limit of BAC
0.05%
Average gas price
$0.93 per liter or $3.52 per gallon
Lowest gas price
$0.87 per liter or $3.29 per gallon
Highest gas price
$1.15 per liter or $4.35 per gallon
Top 3 locations near Downtown
-
11.3 km / 7 miles away
-
16.8 km / 10.4 miles away
-
326.4 km / 202.8 miles away
Map of car rental locations
When are car rental prices the lowest in Panama City (Downtown)?
The cost of renting a car in Panama City (Downtown) varies by season. The table and graph below can help you find the best time of year to save on a rental car.
Average rental costs per day in Panama City (Downtown)
The cheapest month of the year to rent a car in Panama City (Downtown) is July — when rental costs average $19.38 per day. This is 43% cheaper than the yearly average and 60% cheaper than renting a car in May (when prices average $48.74 per day).
This information can help you identify the low season. But these are only average numbers. How much your car rental will cost will depend on the type of vehicle you rent, how long you’ll rent it for, and how far ahead you book. Simply enter your dates in the form at the top of the page to see the exact prices.
This information can help you identify the low season. But these are only average numbers. How much your car rental will cost will depend on the type of vehicle you rent, how long you’ll rent it for, and how far ahead you book. Simply enter your dates in the form at the top of the page to see the exact prices.
For how long do renters keep their vehicles in Panama City (Downtown)?
How long travelers keep their rental cars varies by the time of year: in February the average rental period is 30 days, while in September, the average rental period is only 2 days.
Average number of rental days in Panama City (Downtown)
What is the most popular time of year to rent a car in Panama City (Downtown)?
Based on how many users search for a car in in Panama City (Downtown), travelers are most likely to rent a car in February, while they are least likely to rent in in September.
Monthly searches in Panama City (Downtown) by pick-up date relative to the average
Car rental information
Popular suppliers | Thrifty, National, Alamo, Europcar, Enterprise |
Popular car categories | SUVs, Small cars, Large cars, Medium cars |
Lowest price | $23 per day |
Cheapest supplier | Thrifty |
Most popular car models of rental suppliers
Rental Supplier | Model | Doors | Luggage | Type |
---|---|---|---|---|
Thrifty | Kia Picanto | 4 | 1 | Small cars |
Thrifty | Hyundai Grand i10 | 5 | 2 | Medium cars |
National | Toyota RAV4 | 5 | 2 | SUVs |
Thrifty | Kia Rio | 4 | 2 | Large cars |
Alamo | Kia Picanto | 4 | 1 | Small cars |
National | Kia Picanto | 4 | 1 | Small cars |
Thrifty | Toyota Yaris Sedan | 4 | 2 | Large cars |
Thrifty | Kia Optima | 4 | 2 | Premium cars |
Thrifty | Hyundai Tucson | 5 | 3 | SUVs |
Thrifty | Hyundai Venue | 5 | 2 | SUVs |
Car rental statistics
Highest-rated company
Hertz
8 / 10
Lowest-rated company
Europcar
7.2 / 10
Total rental companies
8
Average daily price
$34.62
Lowest daily price
$23.24
Total cars available
125
Top 8 suppliers in Panama City (Downtown) in 2025
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Hertz
+5072049555
Ph Vimayo, Lower Level, Eusebio A. Morales Street
$35 - $105
Working hours
Mon:
08:00 - 17:00
Tue:
08:00 - 17:00
Wed:
08:00 - 17:00
Thu:
08:00 - 17:00
Fri:
08:00 - 17:00
Sat:
08:00 - 17:00
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Thrifty
+5072049555
Ph Vimayo, Lower Level, Eusebio A. Morales Street.
$23 - $70
Working hours
Mon:
08:00 - 17:00
Tue:
08:00 - 17:00
Wed:
08:00 - 17:00
Thu:
08:00 - 17:00
Fri:
08:00 - 17:00
Sat:
08:00 - 17:00
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Flexways
+5491152599877
Calle 50 Antes Del Hotel Riu Y El Kfc
$23 - $70
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Enterprise
275714647
Calle 50 Ph Universal 50, Local 1
$33 - $194
Working hours
Mon:
07:00 - 20:00
Tue:
07:00 - 20:00
Wed:
07:00 - 20:00
Thu:
07:00 - 20:00
Fri:
07:00 - 20:00
Sat:
07:00 - 20:00
Sun:
07:00 - 20:00
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National
2757222
Calle 50 Ph Universal 50, Local 1
$31 - $166
Working hours
Mon:
07:00 - 20:00
Tue:
07:00 - 20:00
Wed:
07:00 - 20:00
Thu:
07:00 - 20:00
Fri:
07:00 - 20:00
Sat:
07:00 - 20:00
Sun:
07:00 - 20:00
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FOX
+50778336993
Av Eusebio A Morales Edifc Carpaz
$31 - $166
Working hours
Mon:
06:00 - 21:00
Tue:
06:00 - 21:00
Wed:
06:00 - 21:00
Thu:
06:00 - 21:00
Fri:
06:00 - 21:00
Sat:
06:00 - 21:00
Sun:
06:00 - 21:00
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Alamo
2365777
VIA RICARDO J ALFARO ENTRADA, A URBANIZACION DOS MARES
$32 - $156
Working hours
Mon:
08:00 - 17:00
Tue:
08:00 - 17:00
Wed:
08:00 - 17:00
Thu:
08:00 - 17:00
Fri:
08:00 - 17:00
Sat:
08:00 - 17:00
+50778000080
Calle 52 este Bella Vista, Ph Regente, Area Bancaria,Panama City
$32 - $156
Working hours
Mon:
06:00 - 21:00
Tue:
06:00 - 21:00
Wed:
06:00 - 21:00
Thu:
06:00 - 21:00
Fri:
06:00 - 21:00
Sat:
06:00 - 21:00
Sun:
06:00 - 21:00
Awards
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World Travel Tech Awards - World's Best Car Rental Booking Website 2023
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World Travel Tech Awards - World's Best Car Rental Booking App 2023

Magellan Awards Gold Winner 2023
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Travel & Hospitality Awards 2021
FT 1000: Europes Fastest Growing Companies - Top 300 Companies 2021
FT 1000: Europe's Fastest Growing Companies - Top 100 Companies 2020
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Uzakrota Travel Awards - World’s Leading Car Rental Website 2022
Inc. 5000 Europe - Top 500 Companies 2019
Trustpilot - Top 10 Car Rental Agencies
SimilarWeb - Top 50 Car Rental Websites
Highly recommended by our customers
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