Automobile Appraiser salary in Iceland

Average Yearly Salary of Automobile Appraiser in Iceland is approximately 11,978,917 ISK (83,720 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Automobile Appraiser do?

An automobile appraiser is a professional who assesses the value of vehicles for various purposes such as insurance claims, sales, or legal disputes. They inspect the condition of the vehicle, consider its age, mileage, and any modifications, and compare it to similar vehicles in the market to determine its worth. Automobile appraisers may work for insurance companies, automotive dealerships, auction houses, or independently. Their main responsibilities include conducting thorough inspections, researching market trends and pricing, preparing detailed appraisal reports, and providing expert opinions on the value of vehicles. They may also need to testify in court cases or negotiate settlements between parties involved in disputes.

Skills: Automobile appraiser, Vehicle valuation, Insurance claims, Automotive industry, Market research, Legal disputes.
Job industry: Automotive

How much does Automobile Appraiser make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Automobile Appraiser a well paid job?

Yes, our data shows that Automobile Appraiser is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Automobile Appraiser?

High salary for Automobile Appraiser would be somewhere between 13,176,809 ISK and 17,369,430 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Automobile Appraiser in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 11,978,917 ISK
Estimated Monthly Salary: 998,243 ISK
Estimated Weekly Salary: 230,364 ISK per week
Estimated Hourly Salary: 5,759 ISK per hour
By working as Automobile Appraiser a person can save up to 4,248 USD per month or 50,974 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Automobile Appraiser

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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