Average Car Salesman Salary in Ecuador for 2024

In this article, we will look at the average Car Salesman salary for 2024 in Ecuador 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Car Salesman Make in Ecuador?

A Car Salesman working in Ecuador will typically earn around 10,000 USD per year, and this can range from the lowest average salary of about 6,480 USD to the highest average salary of 19,220 USD.

Average Annual Salary
10,000 USD
Average Monthly Salary
833 USD

Lowest Annual Salary
6,480 USD
Lowest Monthly Salary
540 USD

Highest Annual Salary
19,220 USD
Highest Monthly Salary
1,601 USD

These are average salaries for a Car Salesman in Ecuador 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 Ecuador

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

Salary ranges

We already know that a Car Salesman can earn between 6,480 USD and 19,220 USD on average in Ecuador. 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 Ecuador is 13,060 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 13,060 USD, and 50% of the population earn more than 13,060 USD.

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 Ecuador, 25% of the population are earning less than 8,420 USD while 75% of the population earn more than 8,420 USD.

75% of the population earn less than 17,540 USD, and 25% of the population earn more than 17,540 USD.

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 Ecuador

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 Ecuador that has less than two years of experience can expect to earn somewhere in the region of 5,400 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Car Salesman salary would increase to 8,420 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Car Salesman, the average salary would be 13,660 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 14,200 USD.
  • 15 - 20 Years Experience. A Car Salesman with 15 to 20 years of experience can earn an average of 17,100 USD.
  • 20+ Years Experience. For a Car Salesman with more than 20 years, the expected average salary increases to 16,720 USD.

Average Salary by Experience Chart

0-2 Years
5,400 USD
2-5 Years +34%
8,420 USD
5-10 Years +48%
13,660 USD
10-15 Years +22%
14,200 USD
15-20 Years +9%
17,100 USD
20+ Years +8%
16,720 USD

Car Salesman Salary by Education Level in Ecuador

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 Ecuador 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 Ecuador with a high school education can earn an average salary of 7,620 USD.

  • Certificate or Diploma. A Car Salesman in Ecuador with a certificate or diploma education can earn an average salary of 7,240 USD.

  • Bachelor's Degree. A Car Salesman in Ecuador with a bachelor's degree education can earn an average salary of 10,980 USD.

  • Master's Degree. A Car Salesman in Ecuador with a master's degree education can earn an average salary of 17,620 USD.

Average Salary by Education Chart

High School
7,620 USD
Certificate or Diploma +18%
7,240 USD
Bachelor's Degree +45%
10,980 USD
Master's Degree +31%
17,620 USD

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 Ecuador is around 6,810 to 20,400 USD 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 Ecuador, a male car salesman will earn an average of 12,200 USD, while a female car salesman will earn around 10,220 USD.

This means that a male car salesman earns approximately 19% more than a female car salesman for performing the same job.

Average Salary by Gender Chart in Ecuador

Male
12,200 USD
Female -19%
10,220 USD

Car Salesman Average Pay Raise in Ecuador

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 Ecuador is around 9% every 20 months.

The national average pay raise across all professions and industries in Ecuador is around 7% every 19 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 = ( 9 ÷ 20 ) × 12  = 5%

What this means is that a Car Salesman in Ecuador can expect to receive an average pay raise of around 5% every 12 months.

Annual Pay Raise by Industry in Ecuador for 2024

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

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

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Car Salesman Bonus and Incentive Rates in Ecuador

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 high bonus based job, with 81% of employees reporting at least one bonus in the last 12 months.

19% 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
81%
No Bonus
19%

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 Ecuador earn approximately 9% less than private sector employees in the same role.

Public Sector
15,700 USD
Private Sector +9%
17,260 USD

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 Ecuador.

Job Title Category Salary
After Sales Automotive Manager Automotive 15,300 USD
Alignment Technician Automotive 3,940 USD
Auto Damage Adjuster Automotive 5,520 USD
Auto Detailer Automotive 6,080 USD
Auto Parts Manager Automotive 20,500 USD
Automotive Assembler Automotive 6,180 USD
Automotive Assembly Manager Automotive 16,980 USD
Automotive Assembly Operator Automotive 5,040 USD
Automotive Body Repairer Automotive 5,160 USD
Automotive Branch Manager Automotive 27,040 USD
Automotive Central Planner Automotive 7,080 USD
Automotive Electrician Automotive 7,040 USD
Automotive Engineering Technician Automotive 8,960 USD
Automotive Estimating Manager Automotive 15,580 USD
Automotive Estimator Automotive 13,060 USD
Automotive General Manager Automotive 29,600 USD
Automotive Inventory Officer Automotive 3,940 USD
Automotive Manager Automotive 28,660 USD
Automotive Master Mechanic Automotive 10,320 USD
Automotive Parts Supplier Automotive 10,320 USD
Automotive Project Engineer Automotive 9,740 USD
Automotive Project Manager Automotive 19,380 USD
Automotive Purchase Manager Automotive 21,300 USD
Automotive Sales Automotive 9,940 USD
Automotive Service Technician Automotive 5,400 USD
Automotive Technician Automotive 5,160 USD
Automotive Technician Automotive 5,620 USD
Automotive Test Engineer Automotive 9,960 USD
Automotive Warranty Administrator Automotive 9,460 USD
Automotive Warranty Clerk Automotive 5,040 USD
Car Parts and Accessories Fitter Automotive 3,940 USD
Damage Appraiser Automotive 8,560 USD
Diesel Engine Specialist Automotive 8,780 USD
Job Card Opener Automotive 3,940 USD
Lube Technician Automotive 4,860 USD
Master File Maintenance Automotive 6,440 USD
Materials Planner Automotive 7,800 USD
Mechanic Automotive 5,620 USD
Motor Vehicle Inspector Automotive 10,100 USD
Motorcycle Mechanic Automotive 5,200 USD
Service Advisor Automotive 12,520 USD
Service Manager Automotive 19,220 USD
Stock Controller Automotive 6,280 USD
Technical Advisor Automotive 12,760 USD
Tire Retreader Automotive 3,940 USD
Used Car Manager Automotive 15,760 USD
Vehicle Body Maker Automotive 6,080 USD
Vehicle Examiner Automotive 6,280 USD
Vehicle Painter Automotive 6,760 USD
Vehicle Trimmer Automotive 5,720 USD
Welder Automotive 6,480 USD

Salary Comparison by City

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

City Average Salary
Cuenca 11,360 USD
Duran 12,180 USD
Guayaquil 11,360 USD
Machala 10,080 USD
Manta 9,940 USD
Portoviejo 9,960 USD
Quito 11,360 USD
Santo Domingo 13,660 USD

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  • "Average Car Salesman Salary in Ecuador for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-car-salesman-salary-in-ecuador/.

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