Car Rental in Panama City (Downtown)

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Downtown, Panama City, Panama
Unable to find any location
Driver's country of residence is United States of America (USA) and age is 30-65
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  • 30 - 65
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  • 80+
700+ Trusted Suppliers:

Cheapest car rental rates

Economy
Kia Picanto or similar
Kia Picanto
  • 5
  • 1
  • 4
  • A/C
  • Auto.
Thrifty
$23.24 per day
Mini
Kia Picanto or similar
Kia Picanto
  • 5
  • 1
  • 4
  • A/C
  • Auto.
National
$30.93 per day
Compact
Kia Soluto or similar
Kia Soluto
  • 5
  • 2
  • 4
  • A/C
  • Man.
Enterprise
$35.74 per day
Intermediate
Suzuki Ciaz or similar
Suzuki Ciaz
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Hertz
$37.64 per day

Most popular car rental deals

Standard
Toyota Yaris Advance or similar
Toyota Yaris Advance
  • 5
  • 1
  • 4
  • A/C
  • Auto.
Alamo
$43.02 per day
Full-size
Toyota Corolla or similar
Toyota Corolla
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Thrifty
$27.43 per day
Luxury
Kia Optima or similar
Kia Optima
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Thrifty
$30.65 per day
Premium
Toyota Corolla or similar
Toyota Corolla
  • 5
  • 2
  • 4
  • A/C
  • Auto.
Alamo
$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.
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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

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)
$29.16
January
$31.22
February
$48.30
March
$26.87
April
$48.74
May
$37.19
June
$19.38
July
$29.18
August
$39.45
September
$23.88
October
$46.59
November
$30.30
December
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.

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)
6
January
30
February
6
March
9
April
8
May
3
June
13
July
8
August
2
September
7
October
8
November
10
December

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
55%
January
207%
February
152%
March
97%
April
83%
May
28%
June
207%
July
124%
August
14%
September
83%
October
41%
November
110%
December

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

Hertz
Hertz
Very good 8 / 1 review
+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
Thrifty
Thrifty
Average 7.8 / 3 reviews
+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
Flexways
Flexways
Average 7.8 / 1 review
+5491152599877
Calle 50 Antes Del Hotel Riu Y El Kfc
$23 - $70
Enterprise
Enterprise
Average 7.7 / 1 review
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
National
National
Average 7.7 / 1 review
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
FOX
FOX
Average 7.5 / 0 reviews
+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
Alamo
Alamo
Average 7.2 / 1 review
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
Europcar
Average 7.2 / 6 reviews
+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
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