Is the $18,500 price on this 2022 Ford Explorer a good deal?

OAV rates this as a Great Deal because the asking price of $18,500 is below the typical market range for this vehicle.

What is the average price for a 2022 Ford Explorer in TN?

Based on 1,100 comparable listings in TN, the average asking price for a 2020-2024 Ford Explorer is $29,642, with prices ranging from $13,500 to $50,799.

How long does a 2022 Ford Explorer typically stay on dealer lots?

Comparable Ford Explorer listings in TN spend an average of 54 days on dealer lots.

Where is this 2022 Ford Explorer located?

This vehicle is listed in Memphis, TN 38115. VIN: 1FMSK7DH6NGB31973. Mileage: 128,352 miles.

What is the fair market price range for this 2022 Ford Explorer?

OAV's Price-to-Market analysis estimates the fair market range is $19,991 to $34,500, based on 53 comparable vehicles.

Vehicle Details

VIN1FMSK7DH6NGB31973

TrimXLT

Exterior ColorWhite

DrivetrainRWD

Engine2.3L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot24

2022 Ford Explorer

XLT

Great Deal

$18,500128,352 mi

Memphis, TN 38115

Is this 2022 Ford Explorer XLT a good deal?

OAV verdict: Great Deal

Why: Listed at $18,500, comparable market range $19,991–$34,500, based on 53 comparable listings. Days on lot: 24 days (market average 54 days).

Market price position

Lowest comparable ($)

19,991

Highest comparable ($)

34,500

This vehicle's price ($)

18,500

$18,500 · $1,491 below market low

$19,991comparable$34,500

Regional range: $19,991 – $34,500
vs. market low: — $1,491 (7% below)
Comparable vehicles: 53

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 20–89 days.

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$24,988 – $24,988

Regional Range$19,991 – $34,500

Dealer Info

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Memphis, TN

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About This 2022 Ford Explorer

Listing updated: May 19, 2026

Listed by a franchise dealer in Memphis, TN · On lot for 24 days · VIN verifiable at NHTSA

This used 2022 Ford Explorer XLT is listed at $18,500 by a franchise dealer in Memphis, TN 38115. It has 128,352 miles on the odometer. The exterior color is White. 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 a Great Deal — priced below market value. Based on 53 similar vehicles in the Memphis market, the estimated market range is $19,991 to $34,500. The local market range in TN is $24,988 to $24,988.

This vehicle has been on the lot for 24 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 Memphis, TN 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 2022 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 Memphis, TN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FMSK7DH6NGB31973 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.

2022 Ford Explorer Market in TN

Comparable Vehicles

1,100

Average Price

$29,642

Price Range

$13,500–$50,799

Avg Days on Lot

Based on 1,100 comparable 2020-2024 Ford Explorer listings in TN, the average asking price is $29,642. This listing at $18,500 is $11,142 below average (38% below market). Comparable prices in TN range from $13,500 to $50,799. Similar vehicles spend an average of 54 days on dealer lots in this market.