Budget car rentals in Panama City
Find and compare great deals on Budget rental cars in Panama City
Budget car rental deals in Panama City, Panama
Find your perfect rental car on momondo
Small Cars | C$ 5 - C$ 56 | |
|---|---|---|
All Car Types | C$ 26 - C$ 51 |
The best time to rent a Small car from Budget in Panama City, Panama is in April when prices are C$ 5 per day on average. C$ 5 per day is 62% lower than the C$ 13 average yearly price for a Budget Small rental in Panama City. While April may be the cheapest month to rent a Small car from Budget in Panama City, November is the most expensive. However, you may still be able to find great deals in November on Small rental vehicles from Budget depending on what day you book.
The best time to rent a Medium car from Budget in Panama City, Panama is in December when prices are C$ 16 per day on average. C$ 16 per day is 32% lower than the C$ 24 average yearly price for a Budget Medium rental in Panama City. While December may be the cheapest month to rent a Medium car from Budget in Panama City, January is the most expensive. However, you may still be able to find great deals in January on Medium rental vehicles from Budget depending on what day you book.
The best time to rent a Large car from Budget in Panama City, Panama is in July when prices are C$ 38 per day on average. C$ 38 per day is 28% lower than the C$ 53 average yearly price for a Budget Large rental in Panama City. While July may be the cheapest month to rent a Large car from Budget in Panama City, August is the most expensive. However, you may still be able to find great deals in August on Large rental vehicles from Budget depending on what day you book.
The best time to rent a SUV car from Budget in Panama City, Panama is in March when prices are C$ 19 per day on average. C$ 19 per day is 40% lower than the C$ 32 average yearly price for a Budget SUV rental in Panama City. While March may be the cheapest month to rent a SUV car from Budget in Panama City, April is the most expensive. However, you may still be able to find great deals in April on SUV rental vehicles from Budget depending on what day you book.
The best time to rent a Van car from Budget in Panama City, Panama is in May when prices are C$ 60 per day on average. C$ 60 per day is 33% lower than the C$ 90 average yearly price for a Budget Van rental in Panama City. While May may be the cheapest month to rent a Van car from Budget in Panama City, January is the most expensive. However, you may still be able to find great deals in January on Van rental vehicles from Budget depending on what day you book.
The best time to rent a Pick-up truck car from Budget in Panama City, Panama is in February when prices are C$ 39 per day on average. C$ 39 per day is 12% lower than the C$ 44 average yearly price for a Budget Pick-up truck rental in Panama City. While February may be the cheapest month to rent a Pick-up truck car from Budget in Panama City, January is the most expensive. However, you may still be able to find great deals in January on Pick-up truck rental vehicles from Budget depending on what day you book.
The best time to rent a Luxury car from Budget in Panama City, Panama is in November when prices are C$ 38 per day on average. C$ 38 per day is 37% lower than the C$ 61 average yearly price for a Budget Luxury rental in Panama City. While November may be the cheapest month to rent a Luxury car from Budget in Panama City, December is the most expensive. However, you may still be able to find great deals in December on Luxury rental vehicles from Budget depending on what day you book.
C$ 10/day
16 Aug - 23 AugC$ 17/day
19 Jul - 26 JulPanama City’s Budget locations
Below you will find information for every Budget rental car location in Panama City, including address, phone number, and reviews
Budget
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Information about Budget car rentals in Panama City
Does Budget have a location at Panama City Tocumen Intl Airport?
Yes. The 1 location that Budget has at Panama City Tocumen Intl Airport can be found at Tocumen Int'l Aeropuerto, {4} and {5}.
Does Budget offer free car rental cancellation in Panama City?
Budget has free cancellations on car rentals in Panama City. However, a cancellation fee may be applied if you cancel your rental last-minute. We recommend you call Budget for more information. Panama City area phone numbers for Budget can be found here within the Locations tab.
What is the most popular car to rent from Budget while in Panama City in August?
The most popular type of car to rent from Budget in Panama City during August are Mini rentals. You can expect to pay around C$ 21 per day for Mini rentals in August, though some of our users found prices for as low as C$ 7 per day.
What is the cheapest type of car to rent from Budget in Panama City?
Renting a Mini is the cheapest type of car available from Budget in Panama City. Renting a Mini from Budget costs C$ 21/day on average (40% cheaper than the agency’s most expensive car). In the past 12 months, 40% of our users opted for a Mini to save money on their car rental in Panama City.
How many Budget car rental locations are there in Panama City?
In Panama City, Budget has 5 locations. Tocumen Int'l Aeropuerto is the address of the car rental company’s most popular location (based on our user data). In the past 12 months, 55% of momondo users who reserved a rental car in Panama City from Budget went to the Tocumen Int'l Aeropuerto location.
When did momondo last update prices for cars in Panama City?
Prices for cars in Panama City were last updated today.
How many operators does momondo search for cars in Panama City?
As of July 2025, there are 108 operators available to choose from for cars in Panama City.
How old do you have to be to hire a car in Panama City?
Among different countries, including Panama City, the minimum age for drivers varies. In numerous EU countries, drivers must be 18 years old. To hire a car overseas, you'll generally need to be at least 21, and if you're under 25, a young driver surcharge may be imposed. It's recommended that you review the policy of the rental company you're considering before booking.
What documentation or ID do you need to rent a car in Panama City?
All drivers must have a valid full driving license when renting a car in Panama City. If the license is written in a different language from the country of rental, an International Driving Permit may be required to avoid the risk of potential fines. If you're renting a car overseas, you may also need to provide proof of return travel and accommodation information during your stay. It is always advisable to check with the individual rental company you're booking with.