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

2020 Ford Ranger Lariat

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Vehicle Details

VIN1FTER4FH6LLA47505
TrimLariat
Exterior ColorGray
Drivetrain4WD
Engine2.3L I4
TransmissionAutomatic
Fuel TypeUnleaded
Inventory Typeused
Days on Lot151

Lariat

Great Deal
$23,000118,943 mi

Farmington Hills, MI 48336

Is this 2020 Ford Ranger Lariat a good deal?

OAV verdict: Great Deal

Why: Listed at $23,000, comparable market range $25,314–$28,314, based on 18 comparable listings. Listed 151 days.

Market price position

$23,000 · $2,314 below market low

Comparable range
$25,314 – $28,314
vs. market low
— $2,314 (9% below)
Comparable vehicles
18

Market Retail Price (MRP™)

$26,814

This vehicle $23,000 · $3,814 (14%) 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™)

$21,887

This vehicle $23,000 · $1,113 (5%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-22) — an estimate, not an appraisal. How TRV works.

Comparable vehicles nationally recently sold in an estimated 1964 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.

Regional Range$25,314 – $28,314

Oopscredit

Farmington Hills, MI

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About This 2020 Ford Ranger

Listing updated: Aug 22, 2026

Listed by an independent dealer in Farmington Hills, MI · On lot for 151 days · VIN verifiable at NHTSA

This used 2020 Ford Ranger Lariat is listed at $23,000 by oopscredit in Farmington Hills, MI 48336. It has 118,943 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Gray. It features a 4WD drivetrain with a 2.3L I4 engine and Automatic transmission.

OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 18 comparable listings matched to this vehicle, the estimated market range is $25,314 to $28,314. These comparisons match year, make, model, and market, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.

This vehicle has been on the lot for 151 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 2020 Ford Ranger against similar vehicles currently available in the local and regional market — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. 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 Farmington Hills, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FTER4FH6LLA47505 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 Ranger Market in MI

MI Market Listings

141

Average Price

$25,705

Price Range

$9,999–$40,593

Avg Days on Lot

70

Based on all 141 2018-2022 Ford Ranger listings in the MI market, the average asking price is $25,705. This listing at $23,000 is $2,705 below the broader MI average (11% 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 $9,999 to $40,593. Similar vehicles spend an average of 70 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: Lariat — compare trims below)