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Yes that is normal. The Kelly site lists (archive)
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Posted by Digi on June 03, 2001 at 19:36:13:

In Reply to: Re: On the edmunds and kelly sites posted by bg on June 03, 2001 at 19:03:31:

EB Explorer with your miles in NY as having an average trade in of about $19,500 in excellent condition. I didn't know what options you have, but I figure the EB is pretty much loaded standard. The $20,500 sounds like a fair trade in to me. Maybe you should sell it yourself.

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