Car hire in Panama

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Save big on car hire in Panama

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Choose from 22 pick-up spots

Panama car hire at a glance

Most popular providerSixt
Most popular carSmall, economy
Pick-up points
Cheapest price found
Cheapest month to rentAugust
Best time to book2 weeks before
To give you an idea of how much renting a car in Panama could cost, we've pulled prices from Panama.

Choose from car rental companies you trust

Sixt
Green Motion
Budget
Automarket Rent a Car
Hertz
Thrifty

Find cheap car hire in Panama

Toyota Yaris

or similar economy

Budget
51AutomaticAC
Toyota Yaris

Free cancellation

From
279 TL
per day

Find the cheapest time to hire a car in Panama

The cheapest month to rent a car in Panama is August, when the average cost per day is 1.674 TL. If that doesn’t work for you, the second cheapest month is May, when the average cost per day is 1.826 TL. Keep in mind when you’re looking to book, that the most expensive month to rent a car in Panama is September.
To give you an idea of how much renting a car in Panama could cost, we've pulled prices from Panama.

Explore Panama

What are the best car hire companies in Panama?

Getting the cheapest car rental in Panama

Here are some tips to help you bag the best prices, and hit the road for less.

Pick the right ride

Make sure you pick the right type of car for your trip. You can easily filter by 'seats', 'transmission' and even choose only to see 'electric' or 'hybrid' vehicles. You can also filter by 'car type', so whether you're looking for a luxury car or a more modest mini, you'll find what you need fast. The most popular car type in Panama is Small.

Compare across companies

The most popular car hire company in Panama is Sixt. We search across hundreds of companies to find you a great price with Sixt.

Get your timing right

It can really pay to play around with your timings and compare dates for your car hire to get a great price. The best time to book a bargain is 2 weeks before. The cheapest prices we've found are 286 TL a day and 1.950 TL a week.

Be flexible

Not sure where in Panama you're going to visit? There’s lots of places to pick your rental car up from. Being flexible on your pickup location can help you grab a great price, all while seeing more of Panama. We've found that the most popular place to pick up a car in Panama is Panama City. The cheapest place to pick up your rental car is Panama.

Hire a car long term in Panama

Looking to hire a car for more than a few weeks? It could be cheaper to rent for a full month. This can cut the admin costs for car hire companies and give you some extra time to explore too. Give it a go today and search for 30 days' worth of car hire.

Save on fuel

You can make your money go further by finding a car hire deal in Panama with 'unlimited mileage' or a 'full to full' fuel policy. This can save you cash on topping up the tank.

Car hire in Panama: FAQs

The types of documents you’ll need to rent a car in Panama depend on the car rental company you go with. But in general, you will need a valid drivers license, ID and passport. Once you’ve booked car hire in Panama, you can easily get in touch with your chosen provider to find out.

It’s easy to hire a car in Panama. First, you need to decide where in Panama you want to pick up your car from.

Once you’ve decided where you want to go, simply enter your dates and search for the best deal for you. Once you’ve found your deal, you’ll be redirected to the provider to book with no extra fees.

You can rent a car for as long as you like, depending on availability. If you know what dates you’re needing wheels for, start searching with Skyscanner today.

It depends where in Panama you want to visit. The most popular place to go is Panama City. On average, it costs 2.092 TL per day to rent a car there. The cheapest price we could find is 279 TL per day.

Most car hire deals in Panama include basic insurance cover. You don’t need to add excess insurance, but it’s worth thinking about.

In Panama, the excess (what you pay if the car gets damaged or stolen) ranges from 24.994 TL to 269.367 TL, depending on who you book with. Excess insurance prices in Panama also vary by company.

You can buy excess insurance separately, which is usually cheaper than buying it through the car hire company.
The highest-rated car hire company in Panama is Budget, rated 4.7/5 from 18 reviews. Budget car hire costs an average of 844 TL per day in Panama.

Here are some of the other top rated car hire companies in Panama. We've also included their average daily prices to help you compare options.
  • Avis
    • 4.7/5 (from 18 reviews)
    • Average daily price: 999 TL
It depends. Some car hire companies in Panama accept debit cards, others require a credit card. Check the company’s accepted payment methods before you book.

Either way, the card needs to be in the main driver's name and you'll need enough money on it to cover a security deposit. You’ll get that back when you return the car.
If you've booked car hire with free cancellation, you can usually cancel or change your booking without paying a fee. The time you have to cancel 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 policy. Depending on when you cancel, you might need to pay a cancellation fee or you won’t get a refund.
We couldn’t find any electric car hire deals in Panama. More EVs 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.
The easiest way to compare car hire in Panama is to look at lots of companies at the same time, rather than checking each one individually.

Skyscanner is a comparison website. We search 26 car hire companies and compare prices across 284 available cars – so you don't have to.