2023 Ford Ranger XLT
Vehicle Details
XLT
Farmington Hills, MI 48335
Is this 2023 Ford Ranger XLT a good deal?
OAV verdict: Fair Price
Why: Listed at $31,312, comparable market range $23,273–$33,094, based on 45 comparable listings. Days on lot: 7 days (market average 94 days).
Market price position
$31,312 · within market range
- Comparable range
- $23,273 – $33,094
- vs. market
- $8,039 above low · $1,782 below high
- Comparable vehicles
- 45
Market Retail Price (MRP™)
$28,184This vehicle $31,312 · $3,128 (11%) 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™)
$32,303This vehicle $31,312 · $991 (3%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-12) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 21–69 days.
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.
Serra Ford Farmington Hills
Farmington Hills, MI
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
Request availability and out-the-door price
OAV will route your inquiry to Serra Ford Farmington Hills for current availability of this 2023 Ford Ranger 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 2023 Ford Ranger
Listing updated: Aug 12, 2026Listed by a franchise dealer in Farmington Hills, MI · On lot for 7 days · VIN verifiable at NHTSA
This used 2023 Ford Ranger XLT is listed at $31,312 by serra ford farmington hills in Farmington Hills, MI 48335. It has 27,681 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 45 comparable listings matched to this vehicle, the estimated market range is $23,273 to $33,094. 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 7 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 Farmington Hills, MI trucks 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 Ranger 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 a franchise dealer in Farmington Hills, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FTER4FH3PLE35538 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.
2023 Ford Ranger Market in MI
MI Market Listings
192
Average Price
$32,962
Price Range
$13,995–$61,980
Avg Days on Lot
94
Based on all 192 2021-2025 Ford Ranger listings in the MI market, the average asking price is $32,962. This listing at $31,312 is $1,650 below the broader MI average (5% below the MI average). This is a wider, all-trim comparison across MI; OAV's price verdict above uses the closer comparable set. Comparable prices in MI range from $13,995 to $61,980. Similar vehicles spend an average of 94 days on dealer lots in this market.
Similar Ford Ranger Listings in MI
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: XLT — compare trims below)
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Novi, MI
2021 Ford Ranger
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Fowlerville, MI
2023 Ford Ranger
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Ann Arbor, MI
2022 Ford Ranger
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Lansing, MI
2021 Ford Ranger
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