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What should I pay for a 2023 Ford Explorer XLT?


As the owner of Kevin's Autos, I understand that purchasing a vehicle is a significant investment, and knowing the right price for a 2023 Ford Explorer XLT can help you make an informed decision. In this article, we will explore the factors that influence the pricing of this popular SUV, as well as provide a general price range based on current market trends.


Understanding the Price Range


The price of a 2023 Ford Explorer XLT can vary based on several factors, including location, dealership pricing, and additional features. Generally, the starting MSRP (Manufacturer's Suggested Retail Price) for the 2023 Ford Explorer XLT is around $38,000. However, depending on the options and packages you choose, the price can increase significantly.


Factors Influencing the Price


When considering the price of a 2023 Ford Explorer XLT, keep the following factors in mind:



  • Location: Prices can vary by region due to demand and local market conditions.

  • Dealership Markup: Some dealerships may add a markup on popular models, especially if they are in high demand.

  • Optional Features: Additional features such as upgraded technology packages, all-wheel drive, or premium sound systems can increase the overall cost.

  • Incentives and Rebates: Manufacturer incentives or dealer rebates can lower the final purchase price.


What to Expect in the Market


As of now, the average price for a well-equipped 2023 Ford Explorer XLT can range from $40,000 to $50,000. This range accounts for various configurations and optional features. It's essential to shop around and compare prices from different dealerships to ensure you get the best deal.


Conclusion


In summary, when looking to purchase a 2023 Ford Explorer XLT, expect to pay between $38,000 and $50,000, depending on the options and local market conditions. Always do your research, compare prices, and consider any available incentives to make the most informed decision possible. If you have any questions or need further assistance, feel free to reach out to us at Kevin's Autos!


Frequently Asked Questions

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.



Is the Ford Explorer XLT a reliable car?


Experts also agree. The latest 2021 Ford Explorers have received a reliability rating of "Great" from JD Power and Associates in their Vehicle Dependability Studies. For the 2021 model year, ownership satisfaction skyrockets, with 96% of Ford Explorer owners recommending it according to cars.com.



What should I pay for a 2024 Ford Explorer XLT?


2024 Ford Explorer Pricing

MSRPKBB Fair Purchase Price (national avg.)
XLT$40,265$37,696
ST-Line$48,050$44,941
Limited$49,115$46,384
Timberline$51,025$48,080



What are the cons of the Ford Explorer?


The Explorer has a spacious cabin and is relatively agile among three-row midsized SUVs, but the driving experience is marred by a rather clunky transmission, noisy standard engine, and stiff-edged ride. Most versions use the base 2.3-liter turbocharged four-cylinder engine, which is energetic but sounds raspy.



How much should I pay for a 2023 Ford Explorer?


2023 Ford Explorer Pricing

Original MSRPKBB Fair Purchase Price (national avg.)
ST-Line Sport Utility 4D$49,600$35,373
Limited Sport Utility 4D$50,665$35,070
Timberline Sport Utility 4D$51,575$37,202
ST Sport Utility 4D$53,600$42,292



What year is the most reliable Ford Explorer XLT?


What Are the Most Reliable Ford Explorer Years?

  • 1993. The 1993 Ford Explorer was the model's first generation and featured a straightforward design.
  • 2010 and 2011. The 2010 Ford Explorer improved on older designs and flaws by overhauling the powertrain and improving the build quality.
  • 2012.
  • 2019.



What does the Ford XLT package include?


Have you been wondering, "What does XLT mean on Ford?" We're here to tell you. The Ford XLT meaning is "Extra Luxurious Truck." The F-150 XLT sits above the XL and STX trims and boasts upgrades like running boards, a leather-wrapped steering wheel, Pro Trailer Backup Assist, remote keyless entry, and more.



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.



What is included in the Ford Explorer XLT package?


Other upgrades on the new 2024 Ford Explorer XLT package include first-row heated seats, a leather-wrapped steering wheel, power driver and front passenger seats, and Intelligent Access with Push-Button Start.



Which is better, Explorer XLT or Limited?


The Limited is a higher trim level in the lineup than the Ford Explorer XLT, which is the second trim level available on the trim level ladder. While the XLT has some compelling features, like ActiveX seating material and 18-inch wheels, the Limited trim level delivers more.


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.