Is the $8,990 price on this 2016 Ford Explorer a good deal?

OAV rates this as a Great Deal because the asking price of $8,990 is below the typical market range for this vehicle.

What is the average price for a 2016 Ford Explorer in MS?

Based on 274 comparable listings in MS, the average asking price for a 2014-2018 Ford Explorer is $16,603, with prices ranging from $6,900 to $40,800.

How long does a 2016 Ford Explorer typically stay on dealer lots?

Comparable Ford Explorer listings in MS spend an average of 45 days on dealer lots.

Where is this 2016 Ford Explorer located?

This vehicle is listed in Southaven, MS 38671. VIN: 1FM5K7DH0GGB01867. Mileage: 178,866 miles.

What is the fair market price range for this 2016 Ford Explorer?

OAV's Price-to-Market analysis estimates the fair market range is $10,995 to $12,995, based on 4 comparable vehicles.

Vehicle Details

VIN1FM5K7DH0GGB01867

TrimXLT

Exterior ColorRed

DrivetrainFWD

Engine2.3L I4

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot16

Days on Market147

2016 Ford Explorer

XLT

Unscored

$8,990178,866 miles

Southaven, MS 38671

Market price position

Lowest comparable ($)

10,995

Highest comparable ($)

12,995

This vehicle's price ($)

8,990

$8,990 · $2,005 below market low

$10,995comparable$12,995

Regional range: $10,995 – $12,995
vs. market low: — $2,005 (18% below)
Comparable vehicles: 4

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 10–63 days.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Regional Range$10,995 – $12,995

Dealer Info

Hidden

Southaven, MS

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About This 2016 Ford Explorer

Listing updated: May 4, 2026

Listed by a franchise dealer in Southaven, MS · On lot for 16 days · VIN verifiable at NHTSA

This used 2016 Ford Explorer XLT is listed at $8,990 by a franchise dealer in Southaven, MS 38671. It has 178,866 miles on the odometer. The exterior color is Red. It features a FWD drivetrain with a 2.3L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 4 similar vehicles in the Southaven market, the estimated market range is $10,995 to $12,995.

This vehicle has been on the lot for 16 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

How this deal is rated

OAV compares this 2016 Ford Explorer against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Southaven, MS, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FM5K7DH0GGB01867 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Ford Explorer Market in MS

Comparable Vehicles

274

Average Price

$16,603

Price Range

$6,900–$40,800

Avg Days on Lot

Based on 274 comparable 2014-2018 Ford Explorer listings in MS, the average asking price is $16,603. This listing at $8,990 is $7,613 below average (46% below market). Comparable prices in MS range from $6,900 to $40,800. Similar vehicles spend an average of 45 days on dealer lots in this market.