Cars for Sale in Iceland: Your Ultimate Guide to Buying a Car in Iceland

Greetings, Jake! If you’re considering buying a car in Iceland, you might be wondering what to expect. Iceland is a beautiful country with scenic views around every corner, but it’s also known for having some unique challenges when it comes to driving. In this article, we’ll cover everything you need to know about buying a car in Iceland, along with the advantages and disadvantages of doing so. Let’s dive in!

Introduction

1. Iceland’s Love for Cars

Icelanders have a long-standing love affair with cars. In fact, there are more cars per capita in Iceland than in any other Nordic country. For many Icelanders, a car is not just a means of transportation but also a way to express their style and personality.

2. The Challenges of Driving in Iceland

While Iceland is a beautiful country with some of the most stunning scenery in the world, it also presents some unique challenges when it comes to driving. The roads in Iceland can be narrow, steep, and winding, and often covered in snow and ice during the winter months. Additionally, many of Iceland’s roads are unpaved, and some can only be accessed by four-wheel drive vehicles.

3. The Cost of Owning a Car in Iceland

Buying a car in Iceland can be expensive, and so can owning one. The cost of fuel and maintenance is high in Iceland, and insurance rates are steep. However, if you plan on using your car frequently, it might still be worth it in the long run.

4. The Benefits of Owning a Car in Iceland

Despite the challenges and costs, owning a car in Iceland has its benefits. It gives you the freedom to explore Iceland’s incredible landscapes at your own pace, and it allows you to travel to remote areas that might not be accessible by public transportation.

5. The Types of Cars Available for Sale in Iceland

There are many different types of cars available for sale in Iceland, including everything from small hatchbacks to large SUVs. However, it’s important to keep in mind that some cars may not be suitable for Iceland’s unique driving conditions.

6. The Rules and Regulations for Buying a Car in Iceland

Buying a car in Iceland involves a lot of paperwork, and there are many rules and regulations that you need to follow. For example, you may need to obtain a local driver’s license and register your car with the Icelandic Transport Authority.

7. Where to Buy a Car in Iceland

There are many places to buy a car in Iceland, including dealerships, private sellers, and online marketplaces. However, it’s important to do your research and take your time to ensure that you’re getting a good deal.

The Advantages and Disadvantages of Buying a Car in Iceland

1. Advantages

Freedom to Explore – With your own car, you have the freedom to explore Iceland’s stunning landscapes at your own pace. You can stop whenever you want to take photos or check out a nearby attraction.

Access to Remote Areas – Some of Iceland’s most beautiful attractions are located in remote areas that may not be accessible by public transportation. With a car, you can reach these areas and experience their beauty firsthand.

Convenience – Having your own car is much more convenient than relying on public transportation. You can come and go as you please, and you don’t have to worry about schedules or delays.

Potential Cost Savings – If you plan on using your car frequently, it might actually be more cost-effective than relying on public transportation. You won’t have to pay for bus or taxi fares, and you can save money by cooking your own meals instead of eating out.

2. Disadvantages

Expensive Upfront Costs – Buying a car in Iceland can be expensive, and you’ll need to factor in the cost of insurance, maintenance, and fuel. Additionally, you may need to pay for a local driver’s license and register your car with the Icelandic Transport Authority.

Challenging Driving Conditions – Iceland’s roads can be narrow, steep, and winding, and they’re often covered in snow and ice during the winter months. Additionally, many of Iceland’s roads are unpaved, and some can only be accessed by four-wheel drive vehicles.

High Cost of Maintenance – The cost of maintaining a car in Iceland can be high, especially if you need to replace parts that are specific to your car’s make and model. Additionally, the cost of fuel is high in Iceland, and you may need to fill up more frequently than you’re used to.

Difficulties with Reselling Your Car – If you plan on leaving Iceland at some point, you may have difficulty reselling your car. Iceland’s small population means that there’s less demand for used cars, and you may need to lower your asking price in order to make a sale.

Cars for Sale in Iceland Table

Make and Model
Price Range
Body Type
Drive Type
Toyota Yaris
ISK 1,200,000 – ISK 1,800,000
Hatchback
2WD
Nissan Qashqai
ISK 3,000,000 – ISK 4,000,000
2WD/4WD
Volvo XC90
ISK 7,000,000 – ISK 10,000,000
SUV
4WD
Subaru Outback
ISK 2,500,000 – ISK 3,500,000
Station Wagon
4WD

Frequently Asked Questions (FAQs)

1. Q: What do I need to know before buying a car in Iceland?

A: Before buying a car in Iceland, it’s important to research the different makes and models available and consider your driving needs. You’ll also need to factor in the cost of insurance, maintenance, and fuel.

2. Q: Do I need a special license to drive in Iceland?

A: If you’re staying in Iceland for less than 90 days, you can use your foreign driver’s license. However, if you’re staying longer than that, you’ll need to obtain a local driver’s license.

3. Q: What kind of car should I buy for driving in Iceland?

A: The type of car you should buy depends on your driving needs and the places you plan to visit. However, it’s generally recommended to buy a car with four-wheel drive, especially if you plan on driving in rural areas.

4. Q: How much does it cost to maintain a car in Iceland?

A: The cost of maintaining a car in Iceland can vary depending on the make and model. However, you should expect to pay more than you would in other countries due to Iceland’s high cost of living.

5. Q: Where can I buy a used car in Iceland?

A: You can buy a used car in Iceland from dealerships, private sellers, or online marketplaces. However, it’s important to do your research and take your time to ensure that you’re getting a good deal.

6. Q: How do I register my car with the Icelandic Transport Authority?

A: To register your car with the Icelandic Transport Authority, you’ll need to provide proof of ownership, proof of insurance, and a local driver’s license. You’ll also need to pay a registration fee.

7. Q: Should I buy a car in Iceland or rent one?

A: Whether you should buy a car or rent one depends on your needs and how long you plan on staying in Iceland. If you’re only staying for a short period of time, renting a car might be more cost-effective. However, if you plan on staying for several months or longer, buying a car might be a better option.

Conclusion

In conclusion, buying a car in Iceland has its advantages and disadvantages. While it can be expensive and challenging at times, it also gives you the freedom to explore Iceland’s incredible landscapes at your own pace. If you’re considering buying a car in Iceland, we hope that this article has provided you with the information you need to make an informed decision. Happy driving!

Disclaimer: Buying a car in Iceland can be a risky proposition, and there are no guarantees that you won’t encounter any problems. We recommend that you do your due diligence and research carefully before making any purchases.