Is the $16,874 price on this 2020 Ford Explorer a good deal?

OAV rates this as Fair Price because the asking price of $16,874 is within the typical market range for this vehicle.

What is the average price for a 2020 Ford Explorer in IL?

Based on 1,987 comparable listings in IL, the average asking price for a 2018-2022 Ford Explorer is $24,653, with prices ranging from $6,974 to $43,825.

How long does a 2020 Ford Explorer typically stay on dealer lots?

Comparable Ford Explorer listings in IL spend an average of 57 days on dealer lots.

Where is this 2020 Ford Explorer located?

This vehicle is listed in Lansing, IL 60438. VIN: 1FMSK7DH6LGB38970. Mileage: 118,916 miles.

What is the fair market price range for this 2020 Ford Explorer?

OAV's Price-to-Market analysis estimates the fair market range is $12,995 to $25,998, based on 81 comparable vehicles.

No Photo Available

Vehicle Details

VIN1FMSK7DH6LGB38970

TrimXLT

Exterior ColorBlack

DrivetrainRWD

Engine2.3L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot259

2020 Ford Explorer

XLT

Fair Price

$16,874118,916 mi

Lansing, IL 60438

Is this 2020 Ford Explorer XLT a good deal?

OAV verdict: Fair Price

Why: Listed at $16,874, comparable market range $12,995–$25,998, based on 81 comparable listings. Days on lot: 259 days (market average 57 days).

Market price position

$16,874 · within market range

$12,995comparable$25,998

Regional range: $12,995 – $25,998
vs. market: $3,879 above low · $9,124 below high
Comparable vehicles: 81

Market Retail Price (MRP™)

$19,497

This vehicle $16,874 · $2,623 (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™)

$17,965

This vehicle $16,874 · $1,091 (6%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-14) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 10–42 days.

What does Demand-Verified mean?

Verify before inquiring

This listing has been on market about 6.2x longer than typical for similar vehicles (cohort sells in 10–42 days; this one is at 259). Long days-on-lot on a fast-turn cohort can signal title concerns, mechanical issues, or pricing the dealer won't actually honor. Recommend a vehicle history report before spending more time.

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$19,159 – $19,159

Regional Range$12,995 – $25,998

Guaranteed Motor Cars

Lansing, IL

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

View all vehicles from guaranteed motor cars →

Request availability and out-the-door price

OAV will route your inquiry to Guaranteed Motor Cars for current availability of this 2020 Ford Explorer XLT 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 2020 Ford Explorer

Listing updated: Jul 15, 2026

Listed by an independent dealer in Lansing, IL · On lot for 259 days · VIN verifiable at NHTSA

This used 2020 Ford Explorer XLT is listed at $16,874 by guaranteed motor cars in Lansing, IL 60438. It has 118,916 miles on the odometer. The exterior color is Black. It features a RWD drivetrain with a 2.3L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 81 similar vehicles in the Lansing market, the estimated market range is $12,995 to $25,998. The local market range in IL is $19,159 to $19,159.

This vehicle has been on the lot for 259 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 Lansing, IL 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 2020 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 an independent dealer in Lansing, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FMSK7DH6LGB38970 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.

2020 Ford Explorer Market in IL

Comparable Vehicles

1,987

Average Price

$24,653

Price Range

$6,974–$43,825

Avg Days on Lot

Based on 1,987 comparable 2018-2022 Ford Explorer listings in IL, the average asking price is $24,653. This listing at $16,874 is $7,779 below average (32% below market). Comparable prices in IL range from $6,974 to $43,825. Similar vehicles spend an average of 57 days on dealer lots in this market.