Is the $26,240 price on this 2020 Ford F-150 a good deal?

OAV rates this as a Great Deal because the asking price of $26,240 is below the typical market range for this vehicle.

What is the average price for a 2020 Ford F-150 in IL?

Based on 2,921 comparable listings in IL, the average asking price for a 2018-2022 Ford F-150 is $33,491, with prices ranging from $7,995 to $139,800.

How long does a 2020 Ford F-150 typically stay on dealer lots?

Comparable Ford F-150 listings in IL spend an average of 69 days on dealer lots.

Where is this 2020 Ford F-150 located?

This vehicle is listed in Highland, IL 62249. VIN: 1FTEW1E57LKD78243. Mileage: 124,017 miles.

What is the fair market price range for this 2020 Ford F-150?

OAV's Price-to-Market analysis estimates the fair market range is $28,373 to $54,995, based on 15 comparable vehicles.

No Photo Available

Vehicle Details

VIN1FTEW1E57LKD78243

TrimLariat

Exterior ColorBlack

Drivetrain4WD

Engine5.0L V8

TransmissionAutomatic

Fuel TypeE85

Inventory Typeused

Days on Lot113

2020 Ford F-150

Lariat

Great Deal

$26,240124,017 mi

Highland, IL 62249

Is this 2020 Ford F-150 Lariat a good deal?

OAV verdict: Great Deal

Why: Listed at $26,240, comparable market range $28,373–$54,995, based on 15 comparable listings. Days on lot: 113 days (market average 69 days).

Market price position

$26,240 · $2,133 below market low

$28,373comparable$54,995

Regional range: $28,373 – $54,995
vs. market low: — $2,133 (8% below)
Comparable vehicles: 15

Market Retail Price (MRP™)

$41,684

This vehicle $26,240 · $15,444 (37%) 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™)

$27,655

This vehicle $26,240 · $1,415 (5%) 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

Similar vehicles recently sold in an estimated 12–51 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.

Regional Range$28,373 – $54,995

Steve Schmitt Inc.

Highland, IL

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

View all vehicles from steve schmitt inc. →

Request availability and out-the-door price

OAV will route your inquiry to Steve Schmitt Inc. for current availability of this 2020 Ford F-150 Lariat 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 F-150

Listing updated: Jul 15, 2026

Listed by a franchise dealer in Highland, IL · On lot for 113 days · VIN verifiable at NHTSA

This used 2020 Ford F-150 Lariat is listed at $26,240 by steve schmitt inc. in Highland, IL 62249. It has 124,017 miles on the odometer. The exterior color is Black. It features a 4WD drivetrain with a 5.0L V8 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 15 similar vehicles in the Highland market, the estimated market range is $28,373 to $54,995.

This vehicle has been on the lot for 113 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 Highland, IL 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 F-150 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 a franchise dealer in Highland, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FTEW1E57LKD78243 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 F-150 Market in IL

Comparable Vehicles

2,921

Average Price

$33,491

Price Range

$7,995–$139,800

Avg Days on Lot

Based on 2,921 comparable 2018-2022 Ford F-150 listings in IL, the average asking price is $33,491. This listing at $26,240 is $7,251 below average (22% below market). Comparable prices in IL range from $7,995 to $139,800. Similar vehicles spend an average of 69 days on dealer lots in this market.