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U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology
OAV

2016 Ford Explorer XLT

2016 Ford ExplorerView this vehicle at hertrich acura →

Vehicle Details

VIN1FM5K7DH3GGA48677
TrimXLT
Exterior ColorRed
DrivetrainFWD
Engine2.3L I4
TransmissionAutomatic
Fuel TypePremium Unleaded
Inventory Typeused
Days on Lot12

XLT

Fair Price
$10,500147,372 mi

New Castle, DE 19720

Is this 2016 Ford Explorer XLT a good deal?

OAV verdict: Fair Price

Why: Listed at $10,500, comparable market range $9,995–$15,995, based on 18 comparable listings. Listed 12 days.

Market price position

$10,500 · within market range

Comparable range
$9,995 – $15,995
vs. market
$505 above low · $5,495 below high
Comparable vehicles
18

Market Retail Price (MRP™)

$12,995

This vehicle $10,500 · $2,495 (19%) below MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$10,744

This vehicle $10,500 · $244 (2%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-09-01) — an estimate, not an appraisal. How TRV works.

Comparable vehicles nationally recently sold in an estimated 1252 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 are rebuilt from the market snapshot shown above.

Local Range$12,979 – $12,995
Regional Range$9,995 – $15,995

Hertrich Acura

New Castle, DE

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

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OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2016 Ford Explorer

Listing updated: Sep 1, 2026

Listed by a franchise dealer in New Castle, DE · On lot for 12 days · VIN verifiable at NHTSA

This used 2016 Ford Explorer XLT is listed at $10,500 by hertrich acura in New Castle, DE 19720. It has 147,372 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Red. It features a FWD drivetrain with a 2.3L I4 engine and Automatic transmission.

OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced in line with the supported comparable range. Based on 18 comparable listings matched to this vehicle, the estimated market range is $9,995 to $15,995. The comparable range in DE is $12,979 to $12,995. These comparisons match year, make, and model, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.

This vehicle has been on the lot for 12 days.

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

Market context

This listing is part of OAV's broader New Castle, DE suvs market analysis. OAV compares vehicles by local and regional price-to-market ranges and comparable count; days-on-lot and demand signals are shown separately, not as verdict inputs.

How this deal is rated

OAV compares this 2016 Ford Explorer against similar vehicles currently available for sale — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. Based on where this listing falls in that comparable set, it is rated:

  • Great Deal — priced below the comparable-range floor by a meaningful margin (OAV's minimum-gap rule); a listing below the floor by less than that margin is Fair Price.
  • Fair Price — priced within the expected range for comparable vehicles.
  • Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners can surface additional verification signals, but commercial participation never changes a listing's Price-to-Market verdict, eligibility, ranking, or confidence.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in New Castle, DE, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FM5K7DH3GGA48677 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 processed daily; Price-to-Market analysis uses comparable vehicles.

2016 Ford Explorer Market in DE

DE Market Listings

28

Average Price

$14,678

Price Range

$10,846–$19,175

Avg Days on Lot

49

Based on all 28 2014-2018 Ford Explorer listings in the DE market, the average asking price is $14,678. This listing at $10,500 is $4,178 below the broader DE average (28% below the DE average). This is a wider, all-trim comparison across DE; OAV's price verdict above uses the closer comparable set. Comparable prices in DE range from $10,846 to $19,175. Similar vehicles spend an average of 49 days on dealer lots in this market.

Similar Ford Explorer Listings in DE

8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: XLT — compare trims below)