$4 Car Rental Panama City

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Top Car Deals in Panama City

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

Economy

Hyundai Grand i10 HB
  • 5 people
  • Unlimited mileage
Panama, PAN
Hyundai Grand i10 HB

$4

includes taxes & fees
$4 per day
found 5 hours ago
Economy Hyundai Grand i10 HB

Compact

  • 0 people
  • Unlimited mileage
LA CHORRERA, PAN

$5

includes taxes & fees
$5 per day
found 7 hours ago
Compact undefined

Midsize

Nisan Versa
  • 5 people
  • Unlimited mileage
Panama City, PAN
Nisan Versa

$5

includes taxes & fees
$5 per day
found 7 hours ago
Midsize Nisan Versa

Special

Dealers Choice
  • 4 people
  • Unlimited mileage
La Chorrera, PAN
Dealers Choice

$8

includes taxes & fees
$7 per day
found 7 hours ago
Special Dealers Choice

Standard

Hyundai Accent
  • 5 people
  • Unlimited mileage
PANAMA, PAN
Hyundai Accent

$8

includes taxes & fees
$7 per day
found 3 hours ago
Standard Hyundai Accent

Mini

Kia Picanto
  • 5 people
  • Unlimited mileage
PANAMA CITY, PAN
Kia Picanto

$7

includes taxes & fees
$7 per day
found 1 hour ago
Mini Kia Picanto

Fullsize

Hyundai Elantra
  • 5 people
  • Unlimited mileage
Panama City, PAN
Hyundai Elantra

$7

includes taxes & fees
$7 per day
found 5 hours ago
Fullsize Hyundai Elantra

Compact Elite SUV

Toyota Corolla Cross
  • 5 people
  • Unlimited mileage
Panama City, PAN
Toyota Corolla Cross

$11

includes taxes & fees
$10 per day
found 3 hours ago
Compact Elite SUV Toyota Corolla Cross

Premium

Toyota Corolla
  • 5 people
  • Unlimited mileage
Panama City, PAN
Toyota Corolla

$12

includes taxes & fees
$12 per day
found 3 hours ago
Premium Toyota Corolla

Fullsize Elite SUV

Toyota Fortuner 4WD
  • 7 people
  • Unlimited mileage
Panama City, PAN
Toyota Fortuner 4WD

$58

includes taxes & fees
$54 per day
found 3 hours ago
Fullsize Elite SUV Toyota Fortuner 4WD

Premium Elite SUV

Toyota Land Cruiser Prado
  • 7 people
  • Unlimited mileage
PANAMA CITY, PAN
Toyota Land Cruiser Prado

$66

includes taxes & fees
$62 per day
found 3 hours ago
Premium Elite SUV Toyota Land Cruiser Prado

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Lowest prices found within the past 5 hours. Prices and availability subject to change. Additional terms may apply.

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 offers the freedom and flexibility to explore the city and its surroundings at your own pace. This is particularly beneficial for families, business travelers, and those seeking city-themed experiences. With a rental car, you can easily manage your luggage and create flexible travel plans. Drive along Avenida Balboa for a quintessential city experience, or visit the cultural monument of Amador Causeway. The Cinta Costera provides an excellent urban park experience for families and outdoor enthusiasts alike.

Having a car also allows you to explore popular neighborhoods like Casco Viejo, which features the Metropolitan Cathedral of Panama and the Interoceanic Canal Museum, as well as Bella Vista and El Cangrejo, known for their vibrant streets and attractions. With key sites located conveniently within the city, a rental car makes it easy to access these destinations without relying on public transportation. This convenience ensures you can make the most of your visit to Panama City while experiencing everything the area has to offer.

Most popular car rentals in Panama City

  • Economy: This car option accommodates up to 5 travelers and allows for 2 medium suitcases, making it an ideal choice for solo travelers, couples, or families. Its compact size is perfect for navigating the bustling streets of Panama City while providing the flexibility to explore the area at your own pace. Renting an Economy car gives you the freedom to manage your luggage easily and enjoy a cost-effective travel experience.
  • Midsize SUV: Accommodating 5 travelers with space for up to 3 large suitcases, the Midsize SUV is perfect for families, couples, or small groups seeking comfort and versatility. This option provides ample room for passengers and luggage, making it a great choice for those planning to explore both the city and surrounding areas. With its spacious interior, the Midsize SUV ensures a comfortable journey while allowing for the flexibility to carry more belongings.
  • Compact: This option also accommodates up to 5 travelers and holds up to 3 medium suitcases, making it ideal for solo travelers, couples, or families. The Compact car is designed for efficient city driving, providing ease of parking and maneuverability in Panama City. With its balance of size and storage capacity, it offers convenience for those looking to travel comfortably without sacrificing space for their luggage.

Top rated car suppliers in Panama City

  • Alamo Rent A Car: Alamo is a popular choice among travelers in Panama City, boasting 5 rental locations throughout the area. Known for its efficient service, Alamo offers a well-maintained fleet with Midsize SUVs and Economy SUVs being the most booked options. Customers appreciate the ease of pickup and return, making it a reliable option for those looking to explore the city at their own pace.
  • Budget: Budget has 2 convenient rental locations in Panama City, making it accessible for travelers. This supplier is favored for its affordable pricing and offers popular vehicle options such as Fullsize SUVs and Midsize SUVs. Budget's commitment to providing a straightforward rental process helps ensure a hassle-free experience for visitors looking to navigate the city comfortably.
  • National Car Rental: With 5 rental locations in Panama City, National Car Rental is another excellent option for travelers. Known for its efficient service, National specializes in Midsize SUVs and Economy SUVs, catering to various travel needs. Customers appreciate the convenience of multiple locations and the straightforward rental process, allowing for seamless exploration of the city's attractions.

Where to stay in Panama City

  • Casco Viejo: A historic neighborhood in Panama City, Casco Viejo offers a unique blend of culture and modern amenities. Travelers can explore key points of interest such as the Metropolitan Cathedral of Panama, the Interoceanic Canal Museum, and Independence Square. This area is ideal for family, city, or business-themed experiences and features nearby shopping areas, resorts, and cafes for convenient dining options.
  • Bella Vista: Bella Vista is a vibrant neighborhood known for its shopping centers and lively atmosphere. It features attractions like Via Espana and Avenida Balboa, perfect for city exploration. The Cinta Costera urban park also provides a great outdoor experience for families. With numerous cafes and dining options, Bella Vista is a great choice for travelers looking for a blend of shopping and local cuisine.
  • Calidonia: Located in the heart of Panama City, Calidonia is another bustling neighborhood that offers a variety of shopping areas and centers. Nearby attractions include Avenida Balboa and Via Espana, both suitable for city-themed vacations. The Cinta Costera also runs nearby, providing a lovely outdoor space. Calidonia features cafes and beer options, making it a convenient spot for travelers seeking relaxation and local flavors.

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 specifying vehicle type and desired features. Whether you need an SUV for extra space, a convertible for summer drives, or an economy car for budget-friendly travel, utilize Expedia's filters to discover the perfect vehicle for your journey.
  2. Book in advance to help lower costs: Rental rates can vary based on demand, so it’s advisable to reserve your car well ahead of your trip. By booking early, you’re likely to secure lower prices and better selection, particularly during peak travel seasons.
  3. Consider a smaller car for savings: Smaller vehicles are typically less expensive to rent and easier to maneuver and park in crowded areas. Mid-size rentals strike a good balance between price, comfort, and fuel efficiency.
  4. Age guidelines: Drivers under 30 may encounter higher deposits or daily fees, and certain vehicle categories—such as SUVs or premium models—might 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, which means you need to return the car with a full tank to avoid additional fees. This is generally the most favorable option. Others may provide full-to-empty or prepaid fueling choices, which are also acceptable; just ensure you return the car empty in that case.
  6. Save on city and airport pickups: Picking up your rental car at the airport often incurs a surcharge, but this cost may be justified by the added convenience it offers.
  7. Know your payment options: Many car rental companies only accept credit cards for payment.
  8. Understand your insurance coverage: Car rental insurance can help you avoid unnecessary expenses and provide peace of mind in case something unexpected occurs during your trip. It’s simple to add car rental insurance when booking through Expedia.
  9. Consider unlimited mileage: If you anticipate taking long road trips, seek out rentals that offer unlimited mileage to prevent incurring extra charges.
  10. Bring your driver's license and ID: A valid driver's license is necessary to rent a car.

Best time to rent a car in and around Panama City

The best value period to rent a car in and around Panama City is October, when prices and demand are at their lowest. September and November also offer slightly low prices and low demand, making them good alternatives. From January to March, however, prices and demand tend to rise, especially in February, which is typically the most expensive month. July also sees slightly high prices with increased demand, making it a busier time for rentals.

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

Finding the cheapest car rentals in Panama City

Using our Search Wizard

If the deals that are available on our page do not suit your needs, then enter Panama City into the search wizard at the top of the page. We will compare all the best deals available for your car rental in Panama City and provide you with a list of the cheapest options, with no added fees.

Renting a car in Panama City

Pay at pickup is available, so you don’t have to worry about spending your money until you arrive at your vehicle in Panama City. We partner with reliable partners that guarantee an enjoyable experience for solo travelers, couples, and families. Package your car with a flight or hotel to unlock even more savings from Expedia.

Expected prices in Panama City

Prices are subject to seasonal change depending on when you decide to arrange your car rental but right now you can book from $4.

Flexibility & Cancellation

Most car suppliers offer penalty-free cancellations, so you don’t have to worry about losing money if your plans change. To cancel your booking log into your account through the Trips portal. Click manage booking and cancel this car. If you needed to alter your booking, then you can create a new one once you have canceled.

We all love being rewarded

One Key members save 10% or more on select hotels, cars, activities and vacation rentals. Not only that, earn OneKeyCash for every dollar spent on eligible hotels, vacation rentals, flights, car rentals, and more when you book across our family of brands: Expedia, Hotels.com and VRBO. Learn more and join today.

Car classes available from Expedia in 2026

The classes of vehicles available will change depending on your chosen location.

Car Rental Information

Popular car types
SUV, Full Size, Economy
Car suppliers available
Our best deal of the day
$4
Our second best deal of the day
$5
Our third best deal of the day
$7
From the airport to your hotel
Airport Transportation
From popular domestic and international airports
Airport Car Rentals

Frequently asked questions

How much is a rental car per day in Panama City?
Daily rental prices were as low as $4 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.
Where can I go on a road trip from Panama City?
There's heaps to do in Panama City, but venture farther 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 35 miles 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 120 miles 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 190 miles 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 license 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 $4 a day. The second lowest daily rate offered in Panama City was $5. 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.
What insurance should I choose for my car rental in Panama City?
It's wise to have collision protection to safeguard your Panama City rental car against theft, accident damage and vandalism. And with Expedia, you can easily purchase this insurance for your vehicle during the booking process. Covering primary physical damage of up to $35,000, it also offers 24/7 emergency help and a zero-dollar deductible should you need to make a claim. Plans changed? If you cancel your insurance before your scheduled collection time, you'll receive a complete refund.
Can I drive in Panama City with my current driver's license?
If you don't hold a driver's license issued in Panama, then you may need to apply for an International Driving Permit (IDP) in your home country to be allowed to rent a car. Please also consider that if an IDP is required, it has no validity on its own. You'll have to show your driver's license from your home country your passport and other forms of documentation as well. Lastly, make sure the credit card used to book the rental matches the name on your driver's license and passport. Some other things to note to rent a car internationally are:
  • Age restrictions: You need to be 25 or over in most countries to rent a car. If you're younger, it might still be possible to rent a car but you'll have to pay a Young Driver's Surcharge. Additional restrictions may also apply to what kinds of cars you can rent.
  • Driving limitations: Be sure to read the rules and regulations before driving away. With rental cars, you usually can't cross country borders, drive on ferries or go off-roading with a rental car.

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