Is the $40,438 price on this 2023 Ford F-150 Lightning a good deal?

OAV rates this as Overpriced because the asking price of $40,438 is above the typical market range for this vehicle.

What is the average price for a 2023 Ford F-150 Lightning in OH?

Based on 215 comparable listings in OH, the average asking price for a 2021-2025 Ford F-150 Lightning is $57,534, with prices ranging from $34,000 to $79,680.

How long does a 2023 Ford F-150 Lightning typically stay on dealer lots?

Comparable Ford F-150 Lightning listings in OH spend an average of 217 days on dealer lots.

Where is this 2023 Ford F-150 Lightning located?

This vehicle is listed in Madison, OH 44057. VIN: 1FTVW1EL5PWG04972. Mileage: 28,215 miles.

What is the fair market price range for this 2023 Ford F-150 Lightning?

OAV's Price-to-Market analysis estimates the fair market range is $34,000 to $37,898, based on 3 comparable vehicles.

Vehicle Details

VIN1FTVW1EL5PWG04972

TrimXLT

Exterior ColorWhite

Drivetrain4WD

TransmissionAutomatic

Fuel TypeElectric

Inventory Typeused

Days on Lot30

2023 Ford F-150 Lightning

XLT

Unscored

$40,43828,215 miles

Madison, OH 44057

Is this 2023 Ford F-150 Lightning XLT a good deal?

OAV verdict: Unscored

Why: Listed at $40,438, comparable market range $34,000–$37,898, based on 3 comparable listings. Days on lot: 30 days (market average 217 days).

Market price position

Lowest comparable ($)

34,000

Highest comparable ($)

37,898

This vehicle's price ($)

40,438

$40,438 · $2,540 above market high

$34,000comparable$37,898

Regional range: $34,000 – $37,898
vs. market high: + $2,540 (7% above)
Comparable vehicles: 3

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 13–52 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$34,000 – $37,898

Dealer Info

Hidden

Madison, OH

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About This 2023 Ford F-150 Lightning

Listing updated: May 17, 2026

Listed by a franchise dealer in Madison, OH · On lot for 30 days · VIN verifiable at NHTSA

This used 2023 Ford F-150 Lightning XLT is listed at $40,438 by a franchise dealer in Madison, OH 44057. It has 28,215 miles on the odometer. The exterior color is White. It features a 4WD drivetrain and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Unscored due to insufficient comparable data. Based on 3 similar vehicles in the Madison market, the estimated market range is $34,000 to $37,898.

This vehicle has been on the lot for 30 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 Madison, OH 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 F-150 Lightning 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 Madison, OH, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FTVW1EL5PWG04972 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.

2023 Ford F-150 Lightning Market in OH

Comparable Vehicles

215

Average Price

$57,534

Price Range

$34,000–$79,680

Avg Days on Lot

217

Based on 215 comparable 2021-2025 Ford F-150 Lightning listings in OH, the average asking price is $57,534. This listing at $40,438 is $17,096 below average (30% below market). Comparable prices in OH range from $34,000 to $79,680. Similar vehicles spend an average of 217 days on dealer lots in this market.