[Explorer seller]

HI,
I am looking for a suggested sales price for the below Explorer. Location is in Santa Paula, CA Thank you.

Ford Explorer SUV for Sale
1992 Ford Explorer XLT, Teal Green
Very well maintained. All fluid levels checked are serviced regularly
Fresh oil change done 10-11-22
New spark plug wires, air filter, muffler and tailpipe
This was a secondary car and not driven much, and kept in storage
Only 80,800 miles
Sport Utility 4 door plus rear hatch
Drivetrain: 2WD
Engine: V6, 4.0 liter
A/C and heater
Power steering
Power windows and locks
Fold down back seats for more room
Automatic transmission
Stereo: Kenwood, Model: KDC - 15bu - has USB port and remote control
Brand new battery as of October 2022
Tire chains and ski racks included
Body and interior condition like new to very good.
Smog Check passed 10-11-22 with no additives used
Clean title, not salvage

 

[J_C]

This is a crazy market so it's hard to quess. I mean I would look at what other 1st and 2nd generation explorers are listed for in your area, then value it a little higher due to the great condition and low mileage. I've seem them as low as $400 in bad condition, 3X the mileage, but they tended to need over $2K worth of repairs. That's $2K in pay-a-shop rates, less than half that DIY.

Here's what I would have written 3 years ago, assuming minimal rust and that mileage: I might even shoot for the moon if not in a hurry to sell, start out around $3K5 OBO and come down a little over time to around $2K but no less than that unless the tires are shot or might as well be due to age.

Here's what I write today: Covid, lack of new vehicles, rising new and used vehicle prices, and the internet are making the market for old SUVs, insane. Take a look at sites like carsandbids, where the rough equivalent has been selling for around $6K:

Used Ford Explorer for Sale

Browse daily auctions of cool cars, like the Ford Explorer.

carsandbids.com

Even if you can't get $6K, I bet you can get twice as much for it as you would have 4 years ago if you place it in a highly visible online auction site like carsand bids. For those interested in these relatively primitive vehicles, it makes a big difference that it has (I assume) little frame or other structural rust.

Simple SUVs that are easy and cheap to work on have made a comeback, are appreciating in value as long as they have low rust. This used to apply only to icons like the Bronco but once those reached stellar prices, it tricked down to others with good parts support too.

Depends on how anxious you are to sell. The right buyer will recognize that their cost to DIY keep it on the road is lower than the vehicle yearly depreciation plus maintenance/repairs of buying something newer, as well as lower insurance too. At least that has been my experience, until you get to the point where there are engine or tranny issues then it depends. That old 4.0L is pretty reliable besides some head warping/cracking/gasket issues which is not all that expensive compared to a dozen equivalent+ cost repairs on something modern., and those issues tend to surface after a lot more miles... though it's hard to guess how time and maybe short trips might mitigate mileage as the primary expectation of when repairs are looming. There is limited data available for failure on vehicles with so few miles per year.