How much should I pay for a Ford Explorer?
Buying a Ford Explorer is an exciting decision, but determining how much you should pay can be a bit tricky. As an experienced auto service provider, I’ve seen many customers navigate the car-buying process, and I’m here to help you make an informed decision. In this article, we’ll explore the factors that influence the price of a Ford Explorer and provide tips to ensure you get the best deal.
Factors That Influence the Price of a Ford Explorer
The cost of a Ford Explorer can vary widely depending on several factors. Here are the key elements that will affect the price:
- Model Year: Newer models typically cost more than older ones due to updated features, technology, and warranties.
- Trim Level: The Ford Explorer comes in various trims, such as the base model, XLT, Limited, ST, and Platinum. Higher trims offer more features and luxury, which increases the price.
- Mileage (for Used Vehicles): If you’re buying a used Explorer, the mileage will significantly impact the price. Lower mileage usually means a higher price.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical health, plays a big role in pricing.
- Market Demand: Prices can fluctuate based on the demand for SUVs in your area and the availability of Ford Explorers.
- Location: Prices may vary depending on where you live. For example, SUVs might be more expensive in areas with harsh winters due to their all-wheel-drive capabilities.
Average Price Range for a Ford Explorer
As of 2025, here’s a general breakdown of what you can expect to pay for a Ford Explorer:
- New Ford Explorer: The starting price for a base model is around $36,000, while higher trims like the Platinum or ST can exceed $55,000.
- Used Ford Explorer (1-3 years old): Prices typically range from $28,000 to $45,000, depending on mileage and condition.
- Older Used Models (4+ years old): These can cost anywhere from $15,000 to $30,000, depending on the factors mentioned above.
Tips for Getting the Best Deal
To ensure you’re paying a fair price for your Ford Explorer, follow these tips:
- Research Market Prices: Use online tools like Kelley Blue Book or Edmunds to check the fair market value of the specific model and trim you’re interested in.
- Shop Around: Visit multiple dealerships or private sellers to compare prices and negotiate the best deal.
- Consider Certified Pre-Owned (CPO): If you’re buying used, a CPO Ford Explorer might cost more upfront but often includes extended warranties and thorough inspections.
- Inspect the Vehicle: Always have a trusted mechanic inspect a used vehicle before purchasing to avoid unexpected repair costs.
- Time Your Purchase: Buying at the end of the month, quarter, or year can sometimes result in better deals as dealerships aim to meet sales quotas.
Conclusion
When buying a Ford Explorer, it’s essential to consider factors like model year, trim level, and condition to determine a fair price. By doing your research and following the tips above, you can confidently negotiate and secure a great deal. If you have any questions about vehicle maintenance or need a pre-purchase inspection, feel free to reach out to us at Kevin’s Autos. We’re here to help!
Frequently Asked Questions
What's the average price for a Ford Explorer?
The price of the 2025 Ford Explorer starts at $41,450 and goes up to $55,855 depending on the trim and options.
Is 200000 miles a lot for a Ford Explorer?
With proper maintenance and care, a Ford Explorer can last up to 200,000 miles or more, with many owners reporting exceptional durability. However, factors like driving habits, maintenance routines, and specific model years with known issues can influence longevity significantly.
What year do Ford Explorers have transmission problems?
Quick Answer: 2002, 2003, 2004, 2005, 2006
The 2002, 2003, 2004, 2005, and 2006 models have the most Ford Explorer transmission problems. The other models offer a much better experience on the road with this valuable component.
What is considered high mileage for a Ford Explorer?
According to MotorBiscuit.com, the average Ford Explorer can last anywhere from 80,000 miles to 200,000 miles. SUV owners looking to surpass 200,000 miles will need to provide their vehicle with the proper care. This range could mean your vehicle lasts anywhere from 10 to 20 years.
What are the disadvantages of the Ford Explorer?
Understanding the Disadvantages of the Ford Explorer
For example, the SUV is powerful, with a versatile powertrain and some off-roading capabilities. However, many buyers' potential concerns are fuel economy, limited third-row space, and lateral handling.
Is Ford Explorer high maintenance?
The average total annual cost for repairs and maintenance on a Ford Explorer is $732, compared to an average of $573 for midsize SUVs and $652 for all vehicle models. The average total annual cost for unscheduled repairs and maintenance across all model years of a vehicle.
What is the best year of Ford Explorer to buy?
We recommend buying a used Ford Explorer from the fourth generation, or model years 2006 to 2010. Roughly 35 years and six generations in, the Ford Explorer remains a serious contender in the midsize SUV space.
Are Ford Explorers cheap to fix?
Ford Explorer Repair Costs: What You Need to Know
According to RepairPal, the average annual Ford Explorer maintenance costs are around $732, which is higher than the average for midsize SUVs. This includes routine maintenance such as oil changes, tire rotations, brake pad replacements, and more.
Which Ford Explorer is the best model?
Which Ford Explorer trim level is the best? The highest trim level in the 2024 Ford Explorer lineup is the Ford Explorer Platinum. This trim level comes with the most luxurious features, like leather upholstery with tri-diamond perforated inserts, an available twin-panel moonroof, and a premium 12-speaker audio system.
Are Ford Explorers worth the money?
Our editors have praised the current-generation Explorer for its powerful engines, generous cargo space and standard safety features. However, its subpar interior materials don't often match up to its price tag, which can get into luxury SUV territory on higher trim levels.
