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

2020 Ford Explorer XLT

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Vehicle Details

VIN1FMSK8DH5LGC08514
TrimXLT
Exterior ColorSilver
Drivetrain4WD
Engine2.3L I4
TransmissionAutomatic
Fuel TypeUnleaded
Inventory Typeused
Days on Lot167

XLT

Fair Price
$24,70039,000 mi

Concord, NC 28027

Is this 2020 Ford Explorer XLT a good deal?

OAV verdict: Fair Price

Why: Listed at $24,700, comparable market range $14,084–$26,998, based on 122 comparable listings. Days on lot: 167 days (market average 56 days).

Market price position

$24,700 · within market range

Comparable range
$14,084 – $26,998
vs. market
$10,616 above low · $2,298 below high
Comparable vehicles
122

Market Retail Price (MRP™)

$20,541

This vehicle $24,700 · $4,159 (20%) above 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™)

$24,526

This vehicle $24,700 · $174 (1%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-02) — an estimate, not an appraisal. How TRV works.

Fast-selling model · older listing

Comparable vehicles nationally have sold faster than the market baseline, but this listing has been available longer than the cohort’s typical sell-time (about 1244 days).

What does Demand-Verified mean?

Verify before inquiring
  • This listing has been available about 3.8x longer than comparable vehicles typically take to sell (cohort sells in 12–44 days; this one is at 167). Confirm its history, condition, availability, and out-the-door price before proceeding.

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.

Regional Range$14,084 – $26,998

Concord Auto Sales

Concord, NC

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

About This 2020 Ford Explorer

Listing updated: Aug 2, 2026

Listed by an independent dealer in Concord, NC · On lot for 167 days · VIN verifiable at NHTSA

This used 2020 Ford Explorer XLT is listed at $24,700 by concord auto sales in Concord, NC 28027. It has 39,000 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Silver. It features a 4WD 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 122 comparable listings matched to this vehicle, the estimated market range is $14,084 to $26,998. These comparisons match year, make, and model and may currently span trims and configurations (trim-level matching is rolling out).

This vehicle has been on the lot for 167 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 Concord, NC 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 (currently across available trims and configurations; trim-level matching is rolling out), 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 Concord, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FMSK8DH5LGC08514 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 within the same geographic market.

2020 Ford Explorer Market in NC

NC Market Listings

563

Average Price

$24,073

Price Range

$5,837–$61,630

Avg Days on Lot

56

Based on all 563 2018-2022 Ford Explorer listings in the NC market, the average asking price is $24,073. This listing at $24,700 is $627 above the broader NC average (3% above the NC average). This is a wider, all-trim comparison across NC; OAV's price verdict above uses the closer comparable set. Comparable prices in NC range from $5,837 to $61,630. Similar vehicles spend an average of 56 days on dealer lots in this market.

Similar Ford Explorer Listings in NC

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