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Panama Car Rental Mini Guide

Hiring a car and driving within Panama City is little different from many other south and central american cities. Expect congestion and busy roads and it's no less safe than anywhere else in the region. If you need to drive outside of Panama City, road conditions deteriorate quickly and hiring a 4x4 might be wise. You should also try to avoid driving at night or during the hours of darkness where possible to minimise the risk.

Can you drive a hire car from Panama to Costa Rica?

Whilst you can drive from Panama into Costa Rica (subject to border controls), none of the car hire companies in Panama permit international / cross border travel.

Panama Factfile

  • The Panama Canal generates a significant proportion of the countries GDP
  • Is the fastest growing economy in Central America largely thanks to revenue from the Canal
  • Panama City is the capital city

Cheapest car hire in Panama

Kia Picanto

4 Adults, 3 Doors

From 19.59 EUR/day
Kia Picanto

7 Days rental at 137.15 EUR from 20/02/2023

  1 |
  Automatic |
  Yes

Kia Picanto

4 Adults, 3 Doors

From 19.59 EUR/day
Kia Picanto

7 Days rental at 137.15 EUR from 20/02/2023

  1 |
  Automatic |
  Yes

Kia Picanto

4 Adults, 5 Doors

From 20.63 EUR/day
Kia Picanto

7 Days rental at 144.46 EUR from 20/02/2023

  1 |
  Automatic |
  Yes

Kia Picanto

4 Adults, 5 Doors

From 20.63 EUR/day
Kia Picanto

7 Days rental at 144.46 EUR from 20/02/2023

  1 |
  Automatic |
  Yes

Kia Picanto

4 Adults, 5 Doors

From 20.63 EUR/day
Kia Picanto

7 Days rental at 144.46 EUR from 20/02/2023

  1 |
  Automatic |
  Yes

Kia Picanto

4 Adults, 5 Doors

From 20.63 EUR/day
Kia Picanto

7 Days rental at 144.46 EUR from 20/02/2023

  1 |
  Automatic |
  Yes

Kia Picanto

4 Adults, 5 Doors

From 20.63 EUR/day
Kia Picanto

7 Days rental at 144.46 EUR from 20/02/2023

  1 |
  Automatic |
  Yes

Kia Picanto

4 Adults, 5 Doors

From 20.63 EUR/day
Kia Picanto

7 Days rental at 144.46 EUR from 20/02/2023

  1 |
  Automatic |
  Yes

Kia Picanto

4 Adults, 5 Doors

From 20.63 EUR/day
Kia Picanto

7 Days rental at 144.46 EUR from 20/02/2023

  1 |
  Automatic |
  Yes

Hyundai Accent

5 Adults, 5 Doors

From 20.67 EUR/day
Hyundai Accent

7 Days rental at 144.70 EUR from 20/02/2023

  3 |
  Automatic |
  Yes

Kia Rio

5 Adults, 5 Doors

From 22.85 EUR/day
Kia Rio

7 Days rental at 159.95 EUR from 20/02/2023

  3 |
  Automatic |
  Yes

Kia Rio

5 Adults, 5 Doors

From 22.85 EUR/day
Kia Rio

7 Days rental at 159.95 EUR from 20/02/2023

  3 |
  Automatic |
  Yes

Kia Rio

5 Adults, 5 Doors

From 22.85 EUR/day
Kia Rio

7 Days rental at 159.95 EUR from 20/02/2023

  3 |
  Automatic |
  Yes

Kia Rio

5 Adults, 5 Doors

From 22.85 EUR/day
Kia Rio

7 Days rental at 159.95 EUR from 20/02/2023

  3 |
  Automatic |
  Yes

Kia Rio

5 Adults, 5 Doors

From 22.85 EUR/day
Kia Rio

7 Days rental at 159.95 EUR from 20/02/2023

  3 |
  Automatic |
  Yes

Kia Rio

5 Adults, 5 Doors

From 22.85 EUR/day
Kia Rio

7 Days rental at 159.95 EUR from 20/02/2023

  3 |
  Automatic |
  Yes

Kia Rio

5 Adults, 5 Doors

From 22.85 EUR/day
Kia Rio

7 Days rental at 159.95 EUR from 20/02/2023

  3 |
  Automatic |
  Yes

Kia Rio

5 Adults, 5 Doors

From 22.85 EUR/day
Kia Rio

7 Days rental at 159.95 EUR from 20/02/2023

  3 |
  Automatic |
  Yes

Hyundai Grand i10

5 Adults, 3 Doors

From 21.95 EUR/day
Hyundai Grand i10

7 Days rental at 153.71 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai Grand i10

5 Adults, 3 Doors

From 21.95 EUR/day
Hyundai Grand i10

7 Days rental at 153.71 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai Grand i10

5 Adults, 3 Doors

From 21.95 EUR/day
Hyundai Grand i10

7 Days rental at 153.71 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai Grand i10

5 Adults, 3 Doors

From 21.95 EUR/day
Hyundai Grand i10

7 Days rental at 153.71 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai Grand i10

5 Adults, 3 Doors

From 21.95 EUR/day
Hyundai Grand i10

7 Days rental at 153.71 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai Grand i10

5 Adults, 3 Doors

From 21.95 EUR/day
Hyundai Grand i10

7 Days rental at 153.71 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai Grand i10

5 Adults, 3 Doors

From 21.95 EUR/day
Hyundai Grand i10

7 Days rental at 153.71 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai Grand i10

5 Adults, 3 Doors

From 21.95 EUR/day
Hyundai Grand i10

7 Days rental at 153.71 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai Grand i10

5 Adults, 3 Doors

From 21.95 EUR/day
Hyundai Grand i10

7 Days rental at 153.71 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai H1

7 Adults, 5 Doors

From 42.07 EUR/day
Hyundai H1

7 Days rental at 294.51 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai H1

7 Adults, 5 Doors

From 49.90 EUR/day
Hyundai H1

7 Days rental at 349.33 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Hyundai H1

7 Adults, 5 Doors

From 53.81 EUR/day
Hyundai H1

7 Days rental at 376.73 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Kia Carnival

7 Adults, 5 Doors

From 61.50 EUR/day
Kia Carnival

7 Days rental at 430.54 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Kia Carnival

7 Adults, 5 Doors

From 61.50 EUR/day
Kia Carnival

7 Days rental at 430.54 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Kia Carnival

7 Adults, 5 Doors

From 61.50 EUR/day
Kia Carnival

7 Days rental at 430.54 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Kia Carnival

7 Adults, 5 Doors

From 61.50 EUR/day
Kia Carnival

7 Days rental at 430.54 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Kia Carnival

7 Adults, 5 Doors

From 61.50 EUR/day
Kia Carnival

7 Days rental at 430.54 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Kia Carnival

7 Adults, 5 Doors

From 61.50 EUR/day
Kia Carnival

7 Days rental at 430.54 EUR from 20/02/2023

  2 |
  Automatic |
  Yes

Kia Rio Sedan

5 Adults, 4 Doors

From 24.20 EUR/day
Kia Rio Sedan

7 Days rental at 169.46 EUR from 20/02/2023

  5 |
  Automatic |
  Yes

Kia Rio Sedan

5 Adults, 4 Doors

From 26.57 EUR/day
Kia Rio Sedan

7 Days rental at 186.01 EUR from 20/02/2023

  5 |
  Automatic |
  Yes

Hyundai Elantra

5 Adults, 4 Doors

From 27.60 EUR/day
Hyundai Elantra

7 Days rental at 193.25 EUR from 20/02/2023

  5 |
  Automatic |
  Yes

Hyundai Elantra

5 Adults, 4 Doors

From 27.60 EUR/day
Hyundai Elantra

7 Days rental at 193.25 EUR from 20/02/2023

  5 |
  Automatic |
  Yes

Hyundai Elantra

5 Adults, 4 Doors

From 27.60 EUR/day
Hyundai Elantra

7 Days rental at 193.25 EUR from 20/02/2023

  5 |
  Automatic |
  Yes

Hyundai Elantra

5 Adults, 4 Doors

From 27.60 EUR/day
Hyundai Elantra

7 Days rental at 193.25 EUR from 20/02/2023

  5 |
  Automatic |
  Yes

Hyundai Elantra

5 Adults, 4 Doors

From 27.60 EUR/day
Hyundai Elantra

7 Days rental at 193.25 EUR from 20/02/2023

  5 |
  Automatic |
  Yes

Hyundai Elantra

5 Adults, 4 Doors

From 27.60 EUR/day
Hyundai Elantra

7 Days rental at 193.25 EUR from 20/02/2023

  5 |
  Automatic |
  Yes

Hyundai Elantra

5 Adults, 4 Doors

From 27.60 EUR/day
Hyundai Elantra

7 Days rental at 193.25 EUR from 20/02/2023

  5 |
  Automatic |
  Yes

Top tips when hiring a car in Panama

  • Drive on the right-hand side of the road in Panama
  • There are no motorways in Panama, the maximum speed limit if 80km/h
  • Fuel is cheap in Panama, expect to pay around $30 USD to refill an average rental car
  • Mex Rent a Car are the highest ranked car hire company in Panama offering low prices and a wide range of cars

Laws and rules of the road when driving in Panama

  •  

    R

    Road Driving Side

  •  

    50kph

    Urban speed Limit

  •  

    80kph

    Rural Speed Limit

  •  

    n/akph

    Motorway Speed Limit

  •  

    USD  1.17/Ltr

    Current Petrol Price

  •  

    0mg

    Drink Drive Limit

  •  

    PAB/USD $

    Currency

  •  

    YES

    Tolls

  •  

    21

    Min Rental Age

    16

    Min Driving Age

  •  

    Front and Rear

    Seatbelts

  •  

    Fixed and Mobile

    Speed Cameras

  •  

    Hands Free Only

    Mobile Phones

Compare car rental agents in Panama

Rental Agent
Locations
Rating (/10)
Customer Reviews
Mini (€/day)
Compact (€/day)
Intermediate (€/day)
Standard (€/day)
 Thrifty
9
8.3/10
88
€ 25.22
€ 29.20
€ 43.66
€ 32.26
 National
5
5.4/10
152
€ 30.01
€ 48.87
€ 63.57
 Dollar
11
5.3/10
77
€ 20.63
€ 22.85
€ 27.60
€ 43.35

Car rental agent statistics in Panama

  • 8.4/10
    Highest rated agent:
    THRIFTY
  • 5.2/10
    Lowest rated agent:
    NATIONAL
  • 317
    Total number of reviews in
    Panama
  • 11
    Most Locations in Panama:
    DOLLAR
  • 11
    Average wait time
    (Min.)
  • 10
    Total rental companies
     

Average prices per day for car hire in Panama

ItemPercent
January€ 43
February€ 45
March€ 39
April€ 39
May€ 40
June€ 46
July€ 41
August€ 43
September€ 45
October€ 51
November€ 52
December€ 48
ItemPercent
January€ 35
February€ 34
March€ 34
April€ 33
May€ 34
June€ 36
July€ 34
August€ 35
September€ 35
October€ 37
November€ 40
December€ 38
ItemPercent
January€ 77
February€ 75
March€ 67
April€ 60
May€ 57
June€ 66
July€ 69
August€ 71
September€ 65
October€ 67
November€ 90
December€ 91
ItemPercent
January€ 59
February€ 63
March€ 54
April€ 51
May€ 53
June€ 60
July€ 53
August€ 51
September€ 58
October€ 70
November€ 75
December€ 68
ItemPercent
January€ 121
February€ 109
March€ 103
April€ 97
May€ 115
June€ 114
July€ 111
August€ 104
September€ 106
October€ 106
November€ 129
December€ 121
ItemPercent
January€ 29
February€ 29
March€ 26
April€ 26
May€ 27
June€ 33
July€ 31
August€ 33
September€ 32
October€ 32
November€ 36
December€ 30
ItemPercent
January€ 71
February€ 67
March€ 65
April€ 62
May€ 66
June€ 74
July€ 70
August€ 66
September€ 69
October€ 72
November€ 79
December€ 78
ItemPercent
January€ 46
February€ 48
March€ 41
April€ 41
May€ 44
June€ 50
July€ 44
August€ 44
September€ 48
October€ 55
November€ 56
December€ 51

Select category to see average car hire prices in Panama

*average daily rates based on 7 day rental, search for today's best prices.

Fuel prices in Panama

DieselUnleaded
Jan , 2022

€ 0.81

€ 0.88

Feb , 2022

€ 0.87

€ 0.94

Mar , 2022

€ 1.04

€ 1.08

Apr , 2022

€ 1.12

€ 1.11

May , 2022

€ 1.30

€ 1.22

Jun , 2022

€ 1.15

€ 1.36

Jul , 2022

€ 1.35

€ 1.46

Aug , 2022

€ 1.22

€ 1.35

Sep , 2022

€ 1.16

€ 1.15

Oct , 2022

€ 1.14

€ 1.08

Nov , 2022

€ 1.21

€ 1.13

Dec , 2022

€ 1.04

€ 0.96

Month, YearDiesel €/ltrUnleaded €/ltr
Dec , 2022 1.04 0.96
Nov , 2022 1.21 1.13
Oct , 2022 1.14 1.08
Sep , 2022 1.16 1.15
Aug , 2022 1.22 1.35
Jul , 2022 1.35 1.46
Jun , 2022 1.15 1.36
May , 2022 1.30 1.22
Apr , 2022 1.12 1.11
Mar , 2022 1.04 1.08
Feb , 2022 0.87 0.94
Jan , 2022 0.81 0.88

Car rental price statistics in Panama

  • € 137.13
    Average price:
    (per week)
  • € 320.02
    Highest daily price:
    Hyundai Santa Fe
  • 610
    Total cars available
     
  • 55
    Most popular model:
    Kia Picanto
  • 82
    Location with most cars:
    Panama City - Tocumen Intl. Airport
  • € 19.6 per day
    Cheapest daily price:
    SIXT - Panama City - El Cangrejo

FAQs about car hire in Panama

How much does it cost to hire a car in Panama?

Car hire in Panama starts from just €19.60 per day for a (mini) class car from Sixt. The average price to hire a car in Panama is just €54.90 per day, whilst the most expensive hire car in Panama is a Hyundai Santa Fe car for a (standard elite) class from Sixt costing €320.00 per day.

How do I get a free additional driver when hiring a car in Panama?

We often have special offers on car hire in Panama including free additional drivers, for example, is offering free additional driver and express check-in at for €0.00 per day.

Why is car hire so cheap in Panama?

Car hire prices in Panama are kept low thanks to the 7 car hire companies across the country. With over 20 car hire locations and 3,981 car hire options available, competition keeps prices low in Panama.

Who is the best car hire company in Panama?

Based on over 317 reviews from recent car hire customers, the best car hire agency in Panama Is Thrifty who score on average 8.3/10 across all locations in Panama.

What is the most popular car hire location in Panama?

The most popular locations to hire a car in Panama is Panama City - Tocumen Intl. Airport with 7 car hire companies and 82 cars to choose from.

How much does fuel cost in Panama?

Current fuel prices in Panama are €0.956/ltr for petrol and €1.039/ltr for diesel as of 5 December 2022, it’ll cost on average €38 to fill an average compact class car with petrol and €42 for diesel.

What are the speed limits in Panama?

Speed limits in Panama are in km/h and are generally 50 km/h on urban roads, 80 km/h on rural roads and n/a km/h on the motorways but you should always follow local signage.

What is the cheapest car hire company in Panama?

Sixt is the cheapest car hire company in Panama offering a (mini) class car such as the Kia Picanto for as little as €137.20 per week.

What is the most popular hire car in Panama?

The most popular car hire category in Panama is the Kia Picanto available from 7 car hire companies in over 20 locations.

Car hire in Panama is the quickest and cheapest way to get around this Central American country at your liberty. Rhino car hire is constantly on the look out for the best bargains offered by car hire companies such as Sixt, Hertz and Avis and we pass those savings directly on to the customer.
 

Useful links if renting a car in Panama

Other Car Hire Locations in Panama

We specialise in car rentals throughout Panama to find you the best price and that's a promise...

Car Hire Tocumen Airport
€16.9
 
 
Mini 3 4 1 from €16.9 per day
Compact 5 5 2 from €24.9 per day
Economy 3 5 2 from €23.9 per day