How much should I pay for a Ford Explorer?
The Ford Explorer is a popular midsize SUV that has been on the market for over 30 years. The price you should pay for a Ford Explorer can vary depending on factors such as the model year, trim level, mileage, and location. On average, you can expect to pay between $30,000 to $50,000 for a used Ford Explorer, with newer models and higher trims at the higher end of the range.
Factors That Affect the Price of a Ford Explorer
When determining how much to pay for a Ford Explorer, there are several key factors to consider:
- Model Year: Newer model years, such as 2022 or 2023, will typically cost more than older model years like 2018 or 2019.
- Trim Level: Higher trim levels, such as the Explorer Limited or Explorer Platinum, will have more features and cost more than the base Explorer model.
- Mileage: Vehicles with lower mileage will generally be priced higher than those with higher mileage.
- Location: Prices can vary depending on the region or local market, with vehicles in high-demand areas typically costing more.
- Condition: The overall condition of the vehicle, including any damage or maintenance history, will also affect the price.
By considering these factors, you can determine a fair price range for the Ford Explorer you are interested in purchasing.
Average Prices for Used Ford Explorers
According to recent data from Source, the average price for a used Ford Explorer can range from around $30,000 for a 2018 model with high mileage to $50,000 or more for a 2022 or 2023 model with low mileage and a higher trim level. Here are some more specific price ranges:
- 2018-2020 Ford Explorer: $30,000 to $40,000
- 2021-2022 Ford Explorer: $40,000 to $50,000
- 2023 Ford Explorer: $45,000 to $55,000
It's important to note that these are just general price ranges, and the actual price you pay may be higher or lower depending on the specific vehicle and your negotiation skills.
Tips for Negotiating the Price of a Ford Explorer
To get the best deal on a Ford Explorer, consider the following tips:
- Research the market: Use online tools and resources to research the average prices for the specific model and trim level you're interested in, so you can negotiate from an informed position.
- Inspect the vehicle thoroughly: Carefully inspect the vehicle for any damage or issues that could be used to negotiate a lower price.
- Negotiate: Don't be afraid to negotiate the price with the seller, especially if the vehicle has been on the market for a while or has high mileage.
- Consider timing: Prices may be lower during certain times of the year, such as the end of the model year or the winter months, when demand is lower.
- Explore financing options: Compare financing options, including dealer financing, to get the best deal on your Ford Explorer purchase.
By considering these factors and negotiating effectively, you can find a Ford Explorer that fits your budget and meets your needs.
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
