Is the $49,102 price on this 2023 Ford Explorer a good deal?

OAV rates this as Overpriced because the asking price of $49,102 is above the typical market range for this vehicle.

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

Based on 6,015 comparable listings in NC, the average asking price for a 2021-2025 Ford Explorer is $36,331, with prices ranging from $12,900 to $60,945.

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

Comparable Ford Explorer listings in NC spend an average of 47 days on dealer lots.

Where is this 2023 Ford Explorer located?

This vehicle is listed in Raleigh, NC 27616. VIN: 1FM5K7HW9PNA06907. Mileage: 12,349 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 $35,532 to $44,222, based on 60 comparable vehicles.

Vehicle Details

VIN1FM5K7HW9PNA06907

TrimPlatinum

Exterior ColorSilver

DrivetrainRWD

Engine3.3L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

MSRP$49,102

Days on Lot354

Days on Market363

2023 Ford Explorer

Platinum

Overpriced

$49,10212,349 miles

Raleigh, NC 27616

Market price position

Lowest comparable ($)

35,532

Highest comparable ($)

44,222

This vehicle's price ($)

49,102

$49,102 · $4,880 above market high

$35,532comparable$44,222

Regional range: $35,532 – $44,222
vs. market high: + $4,880 (11% above)
Comparable vehicles: 60

Market Breakdown

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

Local Range$44,222 – $44,222

Regional Range$35,532 – $44,222

Dealer Info

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Raleigh, NC

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About This 2023 Ford Explorer

Listing updated: Apr 24, 2026

Listed by a franchise dealer in Raleigh, NC · On lot for 354 days · VIN verifiable at NHTSA

This used 2023 Ford Explorer Platinum is listed at $49,102 by a franchise dealer in Raleigh, NC 27616. It has 12,349 miles on the odometer. The exterior color is Silver. 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 Overpriced — priced above market value. Based on 60 similar vehicles in the Raleigh market, the estimated market range is $35,532 to $44,222. The local market range in NC is $44,222 to $44,222.

This vehicle has been on the lot for 354 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 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.

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 Raleigh, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 1FM5K7HW9PNA06907 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.

2023 Ford Explorer Market in NC

Comparable Vehicles

6,015

Average Price

$36,331

Price Range

$12,900–$60,945

Avg Days on Lot

Based on 6,015 comparable 2021-2025 Ford Explorer listings in NC, the average asking price is $36,331. This listing at $49,102 is $12,771 above average (35% above market). Comparable prices in NC range from $12,900 to $60,945. Similar vehicles spend an average of 47 days on dealer lots in this market.