Is the $33,761 price on this 2023 Ford Explorer a good deal?

OAV rates this as a Great Deal because the asking price of $33,761 is below the typical market range for this vehicle.

What is the average price for a 2023 Ford Explorer in IN?

Based on 2,175 comparable listings in IN, the average asking price for a 2021-2025 Ford Explorer is $33,605, with prices ranging from $14,729 to $57,998.

How long does a 2023 Ford Explorer typically stay on dealer lots?

Comparable Ford Explorer listings in IN spend an average of 67 days on dealer lots.

Where is this 2023 Ford Explorer located?

This vehicle is listed in Merrillville, IN 46410. VIN: 1FM5K7HW5PNA00005. Mileage: 39,250 miles.

What is the fair market price range for this 2023 Ford Explorer?

OAV's Price-to-Market analysis estimates the fair market range is $33,990 to $43,912, based on 17 comparable vehicles.

No Photo Available

Vehicle Details

VIN1FM5K7HW5PNA00005

TrimPlatinum

Exterior ColorWhite

DrivetrainRWD

Engine3.3L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot77

2023 Ford Explorer

Platinum

Great Deal

$33,76139,250 mi

Merrillville, IN 46410

Is this 2023 Ford Explorer Platinum a good deal?

OAV verdict: Great Deal

Why: Listed at $33,761, comparable market range $33,990–$43,912, based on 17 comparable listings. Days on lot: 77 days (market average 67 days).

Market price position

$33,761 · $229 below market low

$33,990comparable$43,912

Regional range: $33,990 – $43,912
vs. market low: — $229 (1% below)
Comparable vehicles: 17

Market Retail Price (MRP™)

$38,951

This vehicle $33,761 · $5,190 (13%) 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™)

$39,647

This vehicle $33,761 · $5,886 (15%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-19) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 23–69 days.

Market Breakdown

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

Regional Range$33,990 – $43,912

Art Hill Ford

Merrillville, IN

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

View all vehicles from art hill ford →

Request availability and out-the-door price

OAV will route your inquiry to Art Hill Ford for current availability of this 2023 Ford Explorer Platinum and an out-the-door price quote (taxes, fees, addons included).

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

About This 2023 Ford Explorer

Listing updated: Jul 19, 2026

Listed by a franchise dealer in Merrillville, IN · On lot for 77 days · VIN verifiable at NHTSA

This used 2023 Ford Explorer Platinum is listed at $33,761 by art hill ford in Merrillville, IN 46410. It has 39,250 miles on the odometer. The exterior color is White. It features a RWD drivetrain with a 3.3L V6 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 17 similar vehicles in the Merrillville market, the estimated market range is $33,990 to $43,912.

This vehicle has been on the lot for 77 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 Merrillville, IN suvs market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2023 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.

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 surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Merrillville, IN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FM5K7HW5PNA00005 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 updated continuously; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Ford Explorer Market in IN

Comparable Vehicles

2,175

Average Price

$33,605

Price Range

$14,729–$57,998

Avg Days on Lot

Based on 2,175 comparable 2021-2025 Ford Explorer listings in IN, the average asking price is $33,605. This listing at $33,761 is $156 above average (0% above market). Comparable prices in IN range from $14,729 to $57,998. Similar vehicles spend an average of 67 days on dealer lots in this market.