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What is the average cost of a Ford Explorer?

The average cost of a Ford Explorer can vary depending on factors such as the model year, trim level, and optional features. However, based on current market data, the typical price range for a new Ford Explorer falls between $35,000 to $55,000.


Factors Affecting the Cost of a Ford Explorer


The Ford Explorer is a popular mid-size SUV that has been in production since 1990. The cost of this vehicle can be influenced by several key factors:



  • Model Year: Newer model years of the Ford Explorer tend to be more expensive than older ones, as they often come with the latest technology, safety features, and design updates.

  • Trim Level: The Explorer is available in a range of trim levels, from the base model to the high-end Platinum edition. Higher trim levels come with more standard features and typically cost more.

  • Optional Features: Customers can add various optional features to their Explorer, such as all-wheel drive, premium audio systems, and advanced driver assistance technologies. These add-ons can significantly increase the overall price of the vehicle.

  • Dealer Pricing: The final cost of a Ford Explorer can also be influenced by the pricing strategies and negotiations at the dealership level.


It's important to note that the average cost provided is a general guideline, and the actual price you may pay for a Ford Explorer can vary based on your specific location, the current market conditions, and your negotiation skills.


Researching and Comparing Ford Explorer Prices


To get a more accurate idea of the cost of a Ford Explorer, it's recommended to research prices from multiple dealerships and online sources. You can use tools like online price comparison websites, dealer inventories, and customer reviews to help you find the best deal on the model and features you're interested in.


By understanding the factors that influence the cost of a Ford Explorer and doing your research, you can make an informed decision and find the right vehicle at the right price to meet your needs.

What are the cons of the Ford Explorer?


Large SUVs like the Ford Explorer offer numerous benefits, including spacious interiors, towing capabilities, and off-road prowess. However, they also come with drawbacks such as reduced fuel efficiency, maneuverability challenges, and higher costs.



What is the biggest problem with the Ford Explorer?


Transmission issues are among the most frequently reported problems with 2020-2023 Ford Explorers. These issues include harsh and jerky shifting, delayed gear engagement, and transmission slipping out of gear.



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.



How much should I pay for a Ford Explorer?


The Manufacturer's Suggested Retail Price (MSRP) for the 2023 Ford Explorer starts at $38,355 for the Base base-level trim with destination fee and popular options.



How long is a Ford Explorer expected to last?


80,000 miles to 200,000 miles
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 year Explorer to stay away from?


What Are the Least Reliable Ford Explorer Years? No generation in the history of the Ford Explorer was plagued with more problems than the third generation, specifically the 2002-2006 models.



What is the best year of Ford Explorer to buy?


2018 (Fifth Generation): For those wondering what the best year is to buy a used Ford Explorer, the 2018 and 2019 models are regarded as some of the best due to their advanced technology and dependability.



How much is a fully loaded 2024 Ford Explorer?


2024 Ford Explorer Pricing
The 2024 Ford Explorer has a starting sticker price of $38,455, with the range-topping Explorer Platinum kicking off at $56,365. But Kelley Blue Book Fair Purchase Pricing currently suggests paying $2,554 to $3,261 less than MSRP, depending on trim and equipment.



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.



Do Ford Explorers hold their value?


A 2021 Ford Explorer has depreciated $16,755 or 47% in the last 3 years and has a current resale value of $18,720 and trade-in value of $15,194. A 2021 Ford Explorer has depreciated $16,755 or 47% in the last 3 years and has a current resale value of $18,720 and trade-in value of $15,194.


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.