Average Car Salesman Salary in Bolivia for 2024

In this article, we will look at the average Car Salesman salary for 2024 in Bolivia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Bolivian boliviano. To keep things simple, we are using the BOB currency code instead of the currency symbol Bs..

How Much Does a Car Salesman Make in Bolivia?

A Car Salesman working in Bolivia will typically earn around 75,280 BOB per year, and this can range from the lowest average salary of about 35,520 BOB to the highest average salary of 118,260 BOB.

Average Annual Salary
75,280 BOB
Average Monthly Salary
6,273 BOB

Lowest Annual Salary
35,520 BOB
Lowest Monthly Salary
2,960 BOB

Highest Annual Salary
118,260 BOB
Highest Monthly Salary
9,855 BOB

These are average salaries for a Car Salesman in Bolivia and include benefits such as housing and transport. It's also possible for a Car Salesman to earn more or less than the average salaries shown above.

Car Salesman salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Car Salesman Salaries in Bolivia

So we've looked at the average salaries a Car Salesman will earn in Bolivia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Car Salesman can earn between 35,520 BOB and 118,260 BOB on average in Bolivia. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Car Salesman in Bolivia is 78,620 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 78,620 BOB, and 50% of the population earn more than 78,620 BOB.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Car Salesman salary in Bolivia, 25% of the population are earning less than 50,520 BOB while 75% of the population earn more than 50,520 BOB.

75% of the population earn less than 102,620 BOB, and 25% of the population earn more than 102,620 BOB.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Car Salesman Salary by Experience Level in Bolivia

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average car salesman salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Car Salesman in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 41,700 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Car Salesman salary would increase to 57,360 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Car Salesman, the average salary would be 79,260 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 97,060 BOB.
  • 15 - 20 Years Experience. A Car Salesman with 15 to 20 years of experience can earn an average of 102,240 BOB.
  • 20+ Years Experience. For a Car Salesman with more than 20 years, the expected average salary increases to 111,860 BOB.

Average Salary by Experience Chart

0-2 Years
41,700 BOB
2-5 Years +38%
57,360 BOB
5-10 Years +42%
79,260 BOB
10-15 Years +22%
97,060 BOB
15-20 Years +6%
102,240 BOB
20+ Years +9%
111,860 BOB

Car Salesman Salary by Education Level in Bolivia

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Car Salesman in Bolivia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Car Salesman in Bolivia with a high school education can earn an average salary of 50,080 BOB.

  • Certificate or Diploma. A Car Salesman in Bolivia with a certificate or diploma education can earn an average salary of 57,360 BOB.

  • Bachelor's Degree. A Car Salesman in Bolivia with a bachelor's degree education can earn an average salary of 83,060 BOB.

  • Master's Degree. A Car Salesman in Bolivia with a master's degree education can earn an average salary of 111,860 BOB.

Average Salary by Education Chart

High School
50,080 BOB
Certificate or Diploma +17%
57,360 BOB
Bachelor's Degree +45%
83,060 BOB
Master's Degree +31%
111,860 BOB

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Bolivia is around 42,600 to 128,000 BOB and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Car Salesman Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Bolivia, a male car salesman will earn an average of 78,500 BOB, while a female car salesman will earn around 72,120 BOB.

This means that a male car salesman earns approximately 9% more than a female car salesman for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
78,500 BOB
Female -9%
72,120 BOB

Car Salesman Average Pay Raise in Bolivia

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Car Salesman in Bolivia is around 7% every 29 months.

The national average pay raise across all professions and industries in Bolivia is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 29 ) × 12  = 3%

What this means is that a Car Salesman in Bolivia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Bolivia for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Bolivia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Car Salesman Bonus and Incentive Rates in Bolivia

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Car Salesman is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
65%
No Bonus
35%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Bolivia earn approximately 17% more than private sector employees in the same role.

Public Sector
112,280 BOB
Private Sector -17%
96,160 BOB

Salaries for Jobs Similar to a Car Salesman

In the table below, we have salary information for jobs that are similar to a Car Salesman in Bolivia.

Job Title Category Salary
After Sales Automotive Manager Automotive 113,840 BOB
Alignment Technician Automotive 36,940 BOB
Auto Damage Adjuster Automotive 43,080 BOB
Auto Detailer Automotive 42,320 BOB
Auto Parts Manager Automotive 130,400 BOB
Automotive Assembler Automotive 40,560 BOB
Automotive Assembly Manager Automotive 125,100 BOB
Automotive Assembly Operator Automotive 42,040 BOB
Automotive Body Repairer Automotive 35,000 BOB
Automotive Branch Manager Automotive 168,100 BOB
Automotive Central Planner Automotive 54,500 BOB
Automotive Electrician Automotive 47,720 BOB
Automotive Engineering Technician Automotive 52,300 BOB
Automotive Estimating Manager Automotive 104,440 BOB
Automotive Estimator Automotive 83,400 BOB
Automotive General Manager Automotive 200,000 BOB
Automotive Inventory Officer Automotive 35,420 BOB
Automotive Manager Automotive 176,800 BOB
Automotive Master Mechanic Automotive 58,860 BOB
Automotive Parts Supplier Automotive 57,320 BOB
Automotive Project Engineer Automotive 67,120 BOB
Automotive Project Manager Automotive 130,400 BOB
Automotive Purchase Manager Automotive 138,800 BOB
Automotive Sales Automotive 77,640 BOB
Automotive Service Technician Automotive 41,660 BOB
Automotive Technician Automotive 36,720 BOB
Automotive Test Engineer Automotive 66,140 BOB
Automotive Warranty Administrator Automotive 67,900 BOB
Automotive Warranty Clerk Automotive 41,900 BOB
Car Parts and Accessories Fitter Automotive 37,620 BOB
Damage Appraiser Automotive 60,180 BOB
Diesel Engine Specialist Automotive 56,880 BOB
Job Card Opener Automotive 36,160 BOB
Lube Technician Automotive 28,680 BOB
Master File Maintenance Automotive 54,700 BOB
Materials Planner Automotive 58,720 BOB
Mechanic Automotive 37,800 BOB
Motor Vehicle Inspector Automotive 56,060 BOB
Motorcycle Mechanic Automotive 42,460 BOB
Service Advisor Automotive 73,800 BOB
Service Manager Automotive 112,660 BOB
Stock Controller Automotive 50,180 BOB
Technical Advisor Automotive 73,760 BOB
Tire Retreader Automotive 35,260 BOB
Used Car Manager Automotive 106,820 BOB
Vehicle Body Maker Automotive 46,980 BOB
Vehicle Examiner Automotive 50,980 BOB
Vehicle Painter Automotive 31,520 BOB
Vehicle Trimmer Automotive 35,420 BOB
Welder Automotive 35,300 BOB

Salary Comparison by City

If you want to compare salaries with different cities in Bolivia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Cochabamba 84,180 BOB
La Paz 80,060 BOB
Oruro 78,420 BOB
Potosi 73,120 BOB
Santa Cruz 87,020 BOB
Sucre 76,280 BOB

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