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Fortunately for travelers, all sizes of vehicles will be comfortable to drive on the roads of Panama City. SUVs, coupes, compacts, and sedans can all be found on the road here so travelers really have their pick. However, if you plan on exploring the older parts of the city by car, it may be worth renting a smaller vehicle as the streets can become a bit narrow at times.
The speed limit in built-up areas and urban zones in Panama City typically ranges from 30 km/h (19 mph) to 50 km/h (31 mph). In towns and on local roads the speed limit goes up to 60 km/h (37 mph), while on highways the speed limit goes from 100 km/h (62 mph) to 120 km/h (75 mph).
Private parking garages and lots are reliable options for drivers who are sticking to the busier parts of town. In calmer areas such as residential districts, streetside parking is a more popular option. Drivers should note, though, that many businesses will have private parking lots and garages for their customers to use.
On average a rental car in Panama City costs C$ 17 per day.
In the past 72 hours, the cheapest rental cars were found at NU Car (C$ 7/day), Economy Rent a Car (C$ 7/day) and Fox (C$ 7/day). In the last 72 hours the cheapest rental car price was found at Economy Rent a Car Hotel Riande Airport, Ave. Domingo Diaz, Tocumen null (17 kilometers from city center).
Yes, automatic cars are available in most car renting companies in Panama City. As cars with manual transmission are more common in many countries, you might have to pay an additional charge for renting an automatic car.
The average gas price in Panama City is C$ 4.85 per litre over the past 30 days. Filling up a gas tank costs between C$ 58 and C$ 78, depending on the car size.
Intermediate (Hyundai Tucson or similar) is the most frequently booked rental car type in Panama City.
Take a look at our extensive car rental location map to find the best rental cars near you.
An Intermediate car rental in Panama City costs C$ 33 per day, on average.
A Standard car rental in Panama City costs C$ 23 per day, on average.
A Compact car rental in Panama City costs C$ 15 per day, on average.
In Panama City, cars are most frequently rented at Fox Europcar, La Alborada Sector Sur (18 km from city centre ).
On average a rental car in Panama City costs C$ 122 per week (C$ 17 per day).
On average a rental car in Panama City costs C$ 524 per month (C$ 17 per day).
Major rental car companies like Budget, Enterprise, and Avis have offices in several locations within Panama City where you can rent your car of choice. Car rental offices located at Panama City Tocumen International Airport (PTY) are highly rated compared to those in any other location. Among travelers looking for cheap car rentals in Panama City, PTY is an ideal place for them to rent their preferred car.
Panama City Beach Scottish Festival, which happens annually in March, causes notable disruptions to the city’s traffic. Unless it is necessary to come to the city and rent your car during this period, you can consider utilizing the cheap car rental in Panama before or after this festival.
5 locations in Panama City
Locations in Panama City
El Cangrejo, 55th Street
+507 214 6806
Omar Torrijos Avenue
+507 315 0201
Tocumen Int'l Aeropuerto
+507 238 4069
Via Espana,calle Gabriela
+507 263 9190
Via Israel And 77th Street
+507 270 0477
Filters
Reviews
10.0 Wonderful
Anonymous, Oct 2023
Full-size
2.0 Poor
ignacio, Dec 2019
Pros:
I tried several time to cancel the reservation by website and also by email and I didn't receive any confirmation about that.10.0 Wonderful
JAIRO, Sep 2023
Economy
2.0 Poor
Anonymous, Jul 2023
Passenger Van
10.0 Wonderful
Albert, Jul 2023
Premium SUV
10.0 Wonderful
Albert, Jul 2023
Premium SUV
7 locations in Panama City
Locations in Panama City
Carretera Interamericana
+507 270 0355
Level 100
+507 279 5721
Panama Domestic Intl Apo
+507 270 0355
Y Calle 74, Obrrio
+507 270 0355
Filters
Reviews
10.0 Wonderful
Andries, Nov 2020
Cons:
Navigation options2.0 Poor
Anonymous, Jan 2020
Cons:
Mentioning of insurance in total sum. Your service is ridiculous and tricks people into making reservations with this company.10.0 Wonderful
Anonymous, Jan 2024
Compact
6.0 Okay
Maria, Jun 2022
2.0 Poor
Roger, Jan 2022
6 locations in Panama City
Locations in Panama City
Ave Diogenes De La Rosa Y
+507 275 7222
Ave Diogenes De La Rosa
+507 275 7222
Calle 50 Ph Universal 50
+507 275 7222
Calle 55 El Cangrejo
+507 265 5092
Tocumen International Airport
+507 275 7222
Via La Rotonda Hotel Westing
+507 275 7282
Filters
Show reviews that mention
Reviews
7.2 Good
Marcos, Feb 2020
Pros:
The pickup/drop off could not have been any closer to the business, it was great.Cons:
Upfront pricing would have been appreciated. The price you get quoted is GREAT...come to find out it is not the case at all. It is actually 3/4 times more expensive (normal price for US rental). The quote is only for the car BUT you have to get insurance, from Panama (no third party insurance companies outside of country are accepted). So, what started off as a $81 total price for 5 days turned into a $240 price tag AND I had to cancel the third party insurance I purchased (still waiting for my reimbursement).8.0 Very good
alison, Jan 2022
2.0 Poor
Junior, Jan 2022
1.9 Poor
Maria Teresa De Jesús, Jul 2021
7 locations in Panama City
Locations in Panama City
Av Principal Sur, Costadeleste
+507 204 9555
Ave Domingo Diaz, Tocumen
+507 204 9591
Avenida Domingo Diaz
+507 204 9555
Calle Eusebio A Morales
+507 204 9555
Panama Domestic/intl Apo, Pa.
+507 315 0144
Tocumen Intl Apt, Panama
+507 238 4955
Via Espana N0. 100
+507 214 7677
Filters
Show reviews that mention
Reviews
2.0 Poor
Anonymous, Jan 2024
Compact SUV
4.0 Mediocre
Brad, Jan 2020
Pros:
Easy drop-offCons:
The insurance cost was outrageous (125% of the rental cost) and was not listed at the time of booking.2.0 Poor
Anonymous, Dec 2019
Pros:
The insurance is a gimmick4.4 Mediocre
Anonymous, Dec 2019
Pros:
Not frendly Was Trying to bill me a lot moreCons:
They don't accept American car insurance companys. That what i was told at the counter. By a ver rude woman. Wich wanted to charge me more 4 times the reservation price. Be careful with the tricks they use.2.0 Poor
Anonymous, Dec 2023
Full-size SUV
4.0 Mediocre
Anonymous, Jan 2023
3 locations in Panama City
Locations in Panama City
Avenida Marcos A Gelabert
+507 315 0200
Calle 50
+507 378 9090
Via Tocumen
+507 238 3200
Filters
Reviews
2.0 Poor
Anonymous, Jan 2024
Supplier choice
2.0 Poor
Steve, Dec 2023
Compact
8.4 Very good
Anonymous, Jan 2020
Pros:
Amed, was super helpful, friendly, efficient, professional and went beyond the call of duty.6 locations in Panama City
Locations in Panama City
Ave Diogenes De La Rosa
+507 236 5777
Calle 50 Ph Universal 50 N0.2
+507 236 5777
Tocumen International Airport
+507 236 5777
Via Espana - Hotel Continental
+507 236 5777
Via La Rotonda Hotel Westing
+507 236 5777
Via Ricardo J Alfaro Entrada
+507 236 5777
Filters
Show reviews that mention
Reviews
8.0 Very good
Ann, Feb 2024
Mini
6.0 Okay
José, Jan 2024
Mini
2.0 Poor
Anonymous, Jan 2024
Full-size SUV
2.0 Poor
Anonymous, Jan 2024
Passenger Van
2.0 Poor
Elias, Dec 2023
Luxury SUV
7.6 Good
Michael, Aug 2020
Pros:
The staff once in the office were very friendly and efficientCons:
The pick up line was very long. Waited ~60 min outside before seeing an agent The car had sand on the rig like it had just been to a beach.4 locations in Panama City
fromC$ 11/dayLocations in Panama City
Ave De La Rotonda
+507 278 9444
Marcos A Gelabert Airport Albrook Field
+507 315 0434
Tocumen Intl Apo
+507 238 4056
Victoria Hotel
+507 213 0555
Filters
Reviews
2.0 Poor
Anonymous, May 2024
Premium
6.0 Okay
Anonymous, Feb 2024
Premium SUV
2.0 Poor
Anonymous, Sep 2023
Intermediate SUV
10.0 Wonderful
Anonymous, Sep 2023
Intermediate SUV
10.0 Wonderful
Afraz, Aug 2023
Compact
2.0 Poor
Anonymous, Feb 2023
Premium SUV
6 locations in Panama City
fromC$ 35/dayLocations in Panama City
Aeropuerto Marcos A Gelabert
+507 321 8308
Apto. Intl De Tocumen
+507 260 0000
Av Principal Sur, Costadeleste
+507 260 0000
Av. Belisario Porras
+507 321 8301
Ave Principal Torremolinos
+507 260 0000
Calle Eusebio A Morales
+507 301 2699
Filters
Show reviews that mention
Reviews
2.0 Poor
Anonymous, Dec 2021
2.0 Poor
Diego, Apr 2021
Pros:
NothingCons:
I had an offer for $150 for the car and then when I got there they said it was not available anymore and I ended up paying over $300 for a worse car. Never renting from them again.10.0 Wonderful
Anonymous, Feb 2021
Cons:
If the branch moves, this should also be communicated on the Internet! When we arrived in Panama City we had to go to two old addresses before we found the current address at 7 p.m.2.0 Poor
Amilcar, Dec 2019
Pros:
They did not have a single car to honor my reservationCons:
Synchronize the Kayak reservations with the internal system. So that they don’t offer for lease what they don’t have5.6 Fair
Sven, Dec 2019
Cons:
The mendetory insurance was added at the airport and we not listed when we reserved the car. We ended up paying +100%2.0 Poor
Anonymous, Apr 2023
Economy
4 locations in Panama City
Locations in Panama City
Avenida Canfield Centro Comer
+507 317 6161
Tocumen International Airport
+507 238 4142
Via La Rotonda Hotel Westing