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Panama City

Budget Car Hire in Panama City

This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car hire in Panama City with a pick-up date of 7/1 and drop-off date of 14/1. Fares are subject to change and may not be available at all agencies or on all dates of hire. Click the price to replicate the search for this deal.
Driver's age: 25-65
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Popular Budget car types in Panama City

Explore the most popular car models available for hire in Panama City and choose the one that suits your needs. The price data is sourced from various car hire companies and was last updated on 28 December 2025.
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Economy

Economy

£29+

View Deal
Compact

Compact

£37+

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People carrier

People carrier

£60+

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Full-size SUV

Full-size SUV

£30+

View Deal
Mini

Mini

£28+

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Passenger van

Passenger van

£56+

View Deal
Pick-up truck

Pick-up truck

£42+

View Deal
Premium SUV

Premium SUV

£41+

View Deal

Compare Budget car hire types in Panama City

Compare and contrast the various car types offered for hire in Panama City to find the perfect fit for your trip. Price data is based on averages over the last 12 months and was last updated on 28 December 2025.

Small cars

£8 - £34

All Car Types

£14 - £42

Currently, the cheapest month to hire a small car from Budget in Panama City is May. The most expensive time to hire a small car from Budget is July. The cheapest prices for each month are shown above, but prices will vary based on availability, when you book your small car hire from Budget, and of course, current supply and demand.

Currently, the cheapest month to hire a medium car from Budget in Panama City is September. The most expensive time to hire a medium car from Budget is December. The cheapest prices for each month are shown above, but prices will vary based on availability, when you book your medium car hire from Budget, and of course, current supply and demand.

Currently, the cheapest month to hire a large car from Budget in Panama City is September. The most expensive time to hire a large car from Budget is April. The cheapest prices for each month are shown above, but prices will vary based on availability, when you book your large car hire from Budget, and of course, current supply and demand.

Currently, the cheapest month to hire a SUV from Budget in Panama City is February. The most expensive time to hire a SUV from Budget is October. The cheapest prices for each month are shown above, but prices will vary based on availability, when you book your SUV hire from Budget, and of course, current supply and demand.

Currently, the cheapest month to hire a van from Budget in Panama City is August. The most expensive time to hire a van from Budget is December. The cheapest prices for each month are shown above, but prices will vary based on availability, when you book your van hire from Budget, and of course, current supply and demand.

Currently, the cheapest month to hire a luxury car from Budget in Panama City is August. The most expensive time to hire a luxury car from Budget is October. The cheapest prices for each month are shown above, but prices will vary based on availability, when you book your luxury car hire from Budget, and of course, current supply and demand.

Fiat Panda£28/day
2
M
A/C
Fiat Panda
Found 12/27/25
Hyundai Ioniq£29/day
2
M
A/C
Hyundai Ioniq
Found 12/27/25
Volkswagen T-ROC£37/day
4
M
A/C
Volkswagen T-ROC
Found 12/27/25

Budget locations in Panama City

Find Budget car rental locations in Panama City including addresses, phone numbers, and reviews.

Budget

8.6
Very Good
12 reviews•6 locations
Check prices
Overview

Cleanliness

8.9

Comfort

8.7

Overall

8.6

Pick-up/drop-off

8.5

Value

8.3

Best Panama City Car Hire Deals from Budget

Check out some of the best deals for Budget car hire in Panama City recently found.
BMW X2£9/day
4
M
A/C
BMW X2
Found 12/26/25
Volkswagen up!£28/day
2
M
A/C
Volkswagen up!
Found 12/27/25
Kia Rio£29/day
2
4
M
A/C
Kia Rio
Found 12/27/25

Budget Car Hire FAQs

  • Does Panama City Tocumen Intl Airport have Budget rental cars?

    Yes there is a Budget located at Panama City Tocumen Intl Airport. Their address is Tocumen Int'l Aeropuerto.

  • Can I cancel my Budget car hire in Panama City?

    Budget does not offer free car hire cancellations at their Panama City locations. To learn more about Budget cancellation fees, click here to find a list of phone numbers under the Locations tab.

  • What is the most popular Budget car hire in Panama City?

    If you're in Panama City and need to hire a car, Budget is your go-to agency. The most popular choice among our customers is SUV. The average price for SUV hires is £9 per day, but it's possible to find rates as low as £9 per day.

  • How many locations does Budget have in Panama City?

    Consider Budget as they have 6 convenient locations in the city. Our user data shows that the most popular Budget location in Panama City can be found at El Cangrejo, 55th Street.

Small car hires in Panama City

Find small car hire deals in Panama City from well-known providers in the area and save on gas mileage with the options provided below. small car hires in Panama City cost an average of £9 per day. Price data was last updated on 28 December 2025.
Fiat Panda£5/day
2
M
A/C
Fiat Panda
Found 12/27/25
Ford Ka£6/day
2
M
A/C
Ford Ka
Found 12/27/25
Aiways Aiways U5£6/day
2
M
A/C
Aiways Aiways U5
Found 12/27/25

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Airport car hires in Panama City

Hire a car at one of these airports in the Panama City area
Panama City Tocumen Intl Airport car hires

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Free Cancellation

Plans change — we get it. And that’s why you can search and book car hire on Cheapflights from agencies that offer free cancellation