Used 2020 Ford Explorer for Sale near Alberta

How much does the 2020 Ford Explorer cost?

Prices have softened 15.06% compared to this time last year, making it a favourable time to shop this model year.

There are 362 listings available, which suggests you have a solid amount of inventory to compare.

Is the 2020 Ford Explorer a good car?

Yes — the 2020 Ford Explorer earns a 4.7/5 user rating and a 7.2/10 expert rating. The standout strength is Form and function at 9/10.

Owners consistently praise its power, stylish design, advanced safety features, spacious interior, and modern technology. The Explorer also comes across as a fun-to-drive SUV that works well for families who want room and capability in one package.

The trade-offs are clear: the interior materials feel cheap, and the price can be hard to justify when you compare it with similarly sized rivals.

For you, that means the Explorer makes the most sense if you want a roomy, stylish SUV with strong performance potential and a more advanced feature set than a basic family hauler. The market also shows 32.9% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2020 Ford Explorer reliable?

Owners rate it 4.7/5, a strong signal of long-term satisfaction.

The owner feedback points to a vehicle that feels reliable, dependable, and trouble-free enough to inspire confidence over the long term. That kind of satisfaction usually matters most when you’re shopping used, because it suggests owners feel they can count on it day to day.

The expert assessment also supports that impression by describing the Explorer as a well-developed SUV with a strong chassis and a broad range of capable powertrains. Ford’s standard maintenance coverage is not mentioned here, so your ownership risk comes down more to condition, maintenance history, and how the vehicle was used than to any single red flag in the model itself.

What should I look for when buying a used 2020 Ford Explorer?

Key things to evaluate:

• Trim level: The Explorer’s styling is a strength, but the cabin is where you should pay closest attention. The interior is described as feeling cheap, with lots of hard plastic and a premium price tag that can make lower trims feel less convincing. Higher trims add more equipment, but the base experience is still a key value check.
• Powertrain: The standard 2.3-litre turbocharged four-cylinder makes 300 hp and is the volume choice. Higher-output V6 versions bring much stronger performance, but they also raise fuel use and purchase price.
• Safety package: Ford Co-Pilot 360 comes standard with forward automatic emergency braking, blind-spot monitoring, rear cross-traffic alert, auto high beams, lane-keep assist, adaptive cruise control with steering assist, reverse braking, and a passenger front knee airbag. The standard safety suite is a major selling point.
• Infotainment: An 8-inch touchscreen with Sync 3, Apple CarPlay, Android Auto, and a 4G Wi-Fi hotspot comes standard. Factory navigation is also standard, while a 10-inch vertical touchscreen and 12-inch digital instrument cluster are reserved for higher-spec models.
• Fuel efficiency: The standard four-cylinder is rated at 11.6 L/100 km in city driving and 8.7 L/100 km on the highway. The V6 is rated at 13.3 L/100 km city and 9.8 L/100 km highway.

Which 2020 Ford Explorer trim should I buy?

The 2020 Ford Explorer is offered in 4 trim levels: XLT, Limited, ST, Platinum.

Here's the short version:

• XLT: This is the trim to focus on if you want the best value. It gets the standard AWD setup, the core tech and safety features, and the 2.3-litre turbo four-cylinder that covers most buyers’ needs without pushing the price too far.
• Limited: This trim makes sense if you want a more upscale feel and are interested in the available hybrid powertrain. It adds more equipment, but the value case depends on whether you’ll actually use the extra content.
• ST: This is the performance pick. It brings the 3.0-litre twin-turbo V6, sharper tuning, and the most athletic driving character in the lineup.
• Platinum: Choose this if you want the most luxurious version and are willing to pay for it. It pairs the stronger V6 with more premium equipment, but it also pushes the Explorer deep into expensive territory.

Ford Co-Pilot 360 is standard, and Co-Pilot360 Assist+ is available on every Explorer.

Is now a good time to buy a used 2020 Ford Explorer?

This is a moderate market for selective buyers, so it pays to compare listings carefully and move quickly on the right one.

• Deal availability: 32.9% of listings are priced as good or great deals.
• Inventory: There are 362 listings available.
• Price trend: Prices have softened 15.06% compared with last year.

If you find a listing below $26,717 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Ford Explorer's resale value?

The current average of $26,717 CAD sits slightly below last year's $31,455 CAD.

That price movement suggests the Explorer has already absorbed a meaningful amount of depreciation, which can be helpful if you’re buying used but less favourable if you’re planning to sell soon. If prices continue to soften, future sellers may need to be more flexible on asking price to stay competitive.

The good news is that the Explorer still has broad appeal thanks to its space, styling, and strong performance options. That should help support demand, especially for well-kept examples with desirable equipment.

Vehicles with strong owner satisfaction ratings, like this model year's 4.7/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Ford Explorer safe?

The 2020 Ford Explorer earns a Top Safety Pick+ rating from IIHS and a five-star safety rating from NHTSA.

It earns an 8/10 safety score from our experts.

Ford Co-Pilot 360 comes standard with forward automatic emergency braking, blind-spot monitoring, rear cross-traffic alert, auto high beams, lane-keep assist, adaptive cruise control with steering assist, reverse braking, and a passenger front knee airbag. That’s a strong standard safety package for a used SUV.

One caveat is that reverse braking can activate falsely, which is worth keeping in mind if you test the vehicle in tight parking situations.

Should I buy a 2020 Ford Explorer or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 32.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 15.06% compared with last year.
• Owners rate it 4.7/5 — a strong satisfaction signal.
• It brings an all-new chassis, more technology, and hybrid and high-performance powertrains, which broaden its appeal.

The bottom line: If you want the newest-feeling Explorer in this generation, the 2020 is the one to target because it combines the redesigned chassis, strong performance options, and a modern feature set. If your priority is stretching your budget, a nearby model year may be the better path, especially if you can find a well-equipped example at a lower price.

How does the 2020 Ford Explorer compare to the 2020 Chevrolet Traverse?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.