Used 2020 Ford Explorer for Sale nearKingston, ON
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3L V6
- Exterior colour:
- Red
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 110,901
- Stock #:
- YP227
- VIN:
- 1FM5K8GC5MGB08184


Sponsored by HGregoire Hyundai Vaudreuil
2021 Ford Explorer
ST AWD
110,901 km
$31,995
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Exterior colour:
- Blue
- Transmission:
- Automatic
- Mileage:
- 92,271
- Stock #:
- 251435P
- VIN:
- 1FM5K8F88KGA74137

Sponsored Listing
2019 Ford Explorer
Limited AWD
92,271 km
$24,997
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Red
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 90,995
- Stock #:
- 26-1432B
- VIN:
- 1FMSK8DH1LGA98609

Sponsored Listing
2020 Ford Explorer
XLT AWD
90,995 km
$27,388
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Gray Metallic
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 115,836
- Stock #:
- 26570A
- VIN:
- 1FMSK8DH2MGB47382

2021 Ford Explorer
XLT AWD
115,836 km
$23,999
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 155,811
- Stock #:
- F25569B
- VIN:
- 1FMSK8DH5LGB87342

2020 Ford Explorer
XLT AWD
155,811 km
$18,988
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Red
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 161,684
- Stock #:
- 7338
- VIN:
- 1FM5K8DH4KGA00698

2019 Ford Explorer
XLT AWD
161,684 km
$15,995
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 365 hp 3.5L V6
- Exterior colour:
- Black
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 158,213
- Stock #:
- SWAG392
- VIN:
- 1FM5K8GTXKGA00253

2019 Ford Explorer
Sport AWD
158,213 km
$17,245
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 98,204
- VIN:
- 1FMSK8DH0LGB13133

2020 Ford Explorer
XLT AWD
98,204 km
$23,200
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3L V6
- Exterior colour:
- White
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 90,096
- Stock #:
- 46-590A
- VIN:
- 1FM5K8GC4MGA34207

2021 Ford Explorer
ST AWD
90,096 km
$31,622
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Blue
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 126,900
- Stock #:
- MA218A
- VIN:
- 1FMSK8DHXMGB08152

-$1,092
2021 Ford Explorer
XLT AWD
126,900 km
$22,998
$21,906
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Exterior colour:
- Gray
- Transmission:
- Automatic
- Mileage:
- 66,197
- Stock #:
- MD4346-23
- VIN:
- 1FM5K8DH9KGA33650

-$1,100
2019 Ford Explorer
XLT AWD
66,197 km
$21,995
$20,895
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 105,408
- Stock #:
- H5773
- VIN:
- 1FM5K8FH4KGA33455

2019 Ford Explorer
Limited AWD
105,408 km
$23,900
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 365 hp 3.5L V6
- Exterior colour:
- Aurora Black Pearl
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Automatic
- Mileage:
- 113,782
- Stock #:
- M9939B
- VIN:
- 1FM5K8GT0KGA00374

2019 Ford Explorer
Sport AWD
113,782 km
$23,899
CarGurus Analysis:
2020 Ford Explorer
With 59 currently listed for sale and an average price of $21,205 CAD, 28.8% of 2020 Ford Explorer listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2020 Ford Explorer 4.72 / 5 stars and CarGurus experts gave it a 7.17 / 10.
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Silver
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 149,854
- Stock #:
- 25-048
- VIN:
- 1FM5K8DH9KGA65272

2019 Ford Explorer
XLT AWD
149,854 km
$16,976
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 78,871
- Stock #:
- 260425A
- VIN:
- 1FMSK8DH1LGB13173
Photos coming soon
2020 Ford Explorer
XLT AWD
78,871 km
$25,888
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Exterior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 115,911
- Stock #:
- 26/A007
- VIN:
- 1FM5K8DH6KGA22850

2019 Ford Explorer
XLT AWD
115,911 km
$20,950
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 162,813
- Stock #:
- STK-A34012
- VIN:
- 1FMSK8FH0MGA34012

2021 Ford Explorer
Limited AWD
162,813 km
$19,995
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Exterior colour:
- Blue
- Transmission:
- Automatic
- Mileage:
- 92,271
- Stock #:
- 251435P
- VIN:
- 1FM5K8F88KGA74137

2019 Ford Explorer
Limited AWD
92,271 km
$24,997
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 95,637
- Stock #:
- 821215
- VIN:
- 1FMSK8DH0LGC38746

2020 Ford Explorer
XLT AWD
95,637 km
$23,998
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 148,504
- Stock #:
- 26-0653AB
- VIN:
- 1FMSK8FH5LGB96524

2020 Ford Explorer
Limited AWD
148,504 km
$21,800
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3.3L V6 Flex Fuel Vehicle
- Exterior colour:
- White
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Flex Fuel Vehicle
- Transmission:
- Automatic
- Mileage:
- 164,429
- Stock #:
- E7183B
- VIN:
- 1FM5K8AB9LGB57659

2020 Ford Explorer
Police Interceptor Utility AWD
164,429 km
$13,990
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 139,694
- Stock #:
- WB2040
- VIN:
- 1FMSK8FH0MGA53370

-$500
2021 Ford Explorer
Limited AWD
139,694 km
$23,488
$22,988
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 109,000
- Stock #:
- RC455
- VIN:
- 1FMSK8FH6MGB62318

Sponsored Listing
2021 Ford Explorer
Limited AWD
109,000 km
$27,850
CarGurus Analysis: 2020 Ford Explorer
overall

Summary
With 59 currently listed for sale and an average price of $21,205 CAD, 28.8% of 2020 Ford Explorer listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2020 Ford Explorer 4.72 / 5 stars and CarGurus experts gave it a 7.17 / 10.
Why it stands out
The 2020 Ford Explorer stands out as a larger, quicker-feeling take on Ford’s long-running SUV formula. It arrives with an all-new chassis, more technology, and hybrid and high-performance powertrains, giving it a broader appeal than a basic family hauler. The Explorer’s size is also a major part of its identity, with the cabin described as being “the size of a small living room,” which helps explain why spaciousness is one of its clear strengths.
That roominess is paired with stylish design, making the 2020 Explorer easy to like at first glance and practical to live with. At the same time, it is not without drawbacks: the interior materials feel cheap, and it is considered poor value for money. For buyers who want a roomy SUV with a modern feel and a more performance-oriented edge, the 2020 Ford Explorer has a lot going for it, but its pricing and cabin quality may give some shoppers pause.
Other model years to consider
- 2022 Ford Explorer
- Average price: $34,961 CAD
- Good/great deal percentage: 26.9%
- User rating: 4.92 / 5
- Total listings: 93
- 2021 Ford Explorer
- Average price: $21,791 CAD
- Good/great deal percentage: 23.9%
- User rating: 5 / 5
- Total listings: 88
- 2023 Ford Explorer
- Average price: $36,043 CAD
- Good/great deal percentage: 28.0%
- User rating: 4.75 / 5
- Total listings: 93
Similar models to consider
- 2020 Honda Pilot
- Average price: $26,995 CAD
- Good/great deal percentage: 19.0%
- User rating: 4.7 / 5
- Total listings: 42
This analysis is based on CarGurus' proprietary market data from October 12, 2026, CarGurus experts' opinions, and generative AI.
4.8 Overall rating
Filter by rating
Cristian A
Reviewed a 2020 Ford Explorer on May 8, 2025
I was looking for some Sporty, reliable, and comfortable, all at the same time, and I found the answer to that with this beautiful Ford Explorer ST. I love all the features it offers. Overall, it's a dream vehicle.
Grayson R
Reviewed a 2020 Ford Explorer on Apr 30, 2026
Love the reliability. The Explorer is perfect for in town or the highway, exceptional for safety!
Nate B
Reviewed a 2020 Ford ST AWD on Oct 4, 2026
Haven’t owned for very long, but it’s higher mileage and drives flawlessly. Features are great, super comfortable, very fuel efficient (averaged 27mpg on highway trip) but has TONS of power when needed.
Jim S
Reviewed a 2020 Ford Explorer on Sep 28, 2025
My experience with Ford products over fifty years gives me confidence in saying Explorers have proven reliable performance. Many are currently serving in police departments currently.
2020 Ford Explorer Trims
| Trim type | MSRP |
|---|---|
| Police Interceptor Utility AWD | $37,085 |
| Platinum AWD | $58,250 |
| Limited AWD | $50,380 |
| ST AWD | $54,740 |
| XLT AWD | $38,925 |
2020 Ford Explorer Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2020 Ford Explorer prices has changed over time.
See more price trends2020 Ford Explorer Pricing Analysis: Kingston, ON Market Report
Pricing in Nearby Cities
Market Area: Kingston, ON
Key Insights
- Highest-Price Market: The Belleville, ON market leads with an average price of $28,441 CAD, indicating a premium for listings in this area.
- Best Value: The Peterborough, ON market offers the lowest average price at $23,922 CAD, presenting a more affordable option for shoppers.
- Inventory Drives Stability: Peterborough, ON also has the most listings at 73, suggesting a robust supply that may help stabilise prices.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Peterborough, ON | 73 | $23,922 CAD |
| Kanata, ON | 69 | $26,079 CAD |
| Cobourg, ON | 69 | $25,558 CAD |
| Brockville, ON | 68 | $24,307 CAD |
| Smiths Falls, ON | 68 | $26,675 CAD |
| Vernon, ON | 67 | $26,079 CAD |
| Nepean, ON | 67 | $26,079 CAD |
| Ottawa, ON | 67 | $26,079 CAD |
| Gatineau, QC | 67 | $26,079 CAD |
| Belleville, ON | 58 | $28,441 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The XLT AWD trim is the most popular with 53 listings, indicating strong demand for this configuration.
- Premium Spread: The Platinum AWD trim has a significant MSRP of $58,250 CAD, reflecting a premium for higher-end features and performance.
- Drivetrain Effect: All trims are equipped with AWD, which may enhance their appeal in regions with variable weather conditions.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| XLT AWD | 53 | $38,925 CAD | AWD | 2.3L 300 hp I4 |
| ST AWD | 53 | $54,740 CAD | AWD | 3.0L 400 hp V6 |
| Limited AWD | 39 | $50,380 CAD | AWD | 2.3L 300 hp I4 |
| Platinum AWD | 21 | $58,250 CAD | AWD | 3.0L 365 hp V6 |
| Police Interceptor Utility AWD | 2 | $37,085 CAD | AWD | 3.3L 285 hp V6 Flex Fuel Vehicle |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year shows an average price of $53,488 CAD, reflecting a 39.1% premium over its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2016 model year exhibits the steepest depreciation at -56.5%, highlighting significant value loss over time.
- Best Value Sweet Spot: The 2021 model year, priced at $20,925 CAD, represents a compelling value for buyers seeking a balance between cost and modern features.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $38,465 CAD | $53,488 CAD | +39.1% |
| 2025 | $40,050 CAD | $43,526 CAD | +8.7% |
| 2024 | $36,860 CAD | $36,766 CAD | -0.3% |
| 2023 | $36,760 CAD | $34,097 CAD | -7.2% |
| 2022 | $35,510 CAD | $32,929 CAD | -7.3% |
| 2021 | $32,925 CAD | $20,925 CAD | -36.4% |
| 2020 | $32,765 CAD | $21,975 CAD | -32.9% |
| 2019 | $32,365 CAD | $20,250 CAD | -37.4% |
| 2018 | $32,140 CAD | $14,995 CAD | -53.3% |
| 2017 | $31,660 CAD | $15,395 CAD | -51.4% |
| 2016 | $31,050 CAD | $13,512 CAD | -56.5% |
These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2020 Ford Explorer cost?
| Metric | Value |
|---|---|
| Current Average Price | $26,842 CAD |
| Year-Round Low | $26,750 CAD |
| Year-Round High | $31,777 CAD |
| Average Price a Year Ago | $31,758 CAD |
| Change vs. Last Year | −15.48% |
Prices have softened 15.48% compared to this time last year, making it a favourable time to shop this model year.
There are 376 listings available, which suggests you should have a reasonable amount of inventory to compare.
Is the 2020 Ford Explorer a good car?
Yes — you’re looking at a 4.7/5 model with an expert rating of 7.2/10. The standout strength is Form and function at 9/10.
Owners consistently praise the spacious interior, stylish design, and advanced safety features. The Explorer also gets credit for being fun to drive and for offering modern technology that suits family use well.
The main trade-offs are the cheap-feeling interior materials and the sense that it is poor value for money. That matters most if you want a premium cabin to match the size and capability.
For you, that means the Explorer makes the most sense if you want a roomy, modern SUV with a more performance-oriented edge than a typical family hauler. 33.2% of listings are priced as good or great deals, so there are still some attractive opportunities in the market.
Is the 2020 Ford Explorer reliable?
Owners rate it 4.7/5, a strong signal of long-term satisfaction.
User feedback points to a vehicle that feels dependable, trouble-free, and easy to count on over time, especially when you value its spaciousness, technology, and everyday usefulness. The expert assessment also describes it as a well-rounded SUV with strong performance and a solid chassis, which supports confidence in long-term ownership.
Ford also includes a maintenance perk in the ownership experience through the standard equipment and service-friendly setup described in the expert notes.
For used buyers, the main long-term risk is that repair and upkeep costs may feel less forgiving if you’re shopping a higher-priced example with a lot of features.
What should I look for when buying a used 2020 Ford Explorer?
Key things to evaluate:
- Trim level: The Explorer’s cabin and equipment vary a lot by trim, and the base setup leaves you with a lot of hard plastic and a less premium feel than the price suggests. Higher trims add more upscale touches, but you should pay close attention to whether the example you’re considering has the features you expect for the money.
- Powertrain: The standard engine is a 2.3-litre turbocharged four-cylinder, while higher-output versions bring a 3.0-litre twin-turbo V6 with much stronger performance. The AWD drivetrain is standard in Canada, and the V6 models are the ones that deliver the most refined and energetic driving experience.
- Safety package: Ford Co-Pilot 360 comes standard with forward automatic emergency braking, blind-spot monitoring and 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 list, but you should still confirm the exact equipment on the trim you’re looking at.
- Infotainment: Standard equipment includes an 8-inch touchscreen with Sync 3, Apple CarPlay, Android Auto, a 4G Wi-Fi hotspot, factory navigation, keyless entry, remote start, 3-zone climate control, SiriusXM satellite radio, and Ford’s keypad entry system. Higher-spec models can add a 10-inch vertical touchscreen and a 12-inch digital instrument cluster.
- Fuel efficiency: The standard 2.3-litre engine is rated at 11.6 L/100 km city, 8.7 L/100 km highway, and 10.3 L/100 km combined. The V6 models are rated at 13.3 L/100 km city, 9.8 L/100 km highway, and 11.8 L/100 km combined.
Which 2020 Ford Explorer trim should I buy?
The 2020 Ford Explorer is offered in 1 trim level: XLT.
Here's the short version:
The XLT: is the trim to focus on if you want the core Explorer experience with standard AWD, the 2.3-litre turbo engine, and the full set of standard tech and safety features. It gives you the broadest mix of capability and value in the model year, especially if you want the Explorer’s space and modern equipment without chasing the pricier performance-oriented versions.
Ford Co-Pilot 360 comes standard, so you get a strong safety baseline even at the entry point.
Is now a good time to buy a used 2020 Ford Explorer?
This is a moderate market for selective buyers, with enough inventory to shop carefully and enough price movement to create opportunities.
- Deal availability: 33.2% of listings are priced as good or great deals.
- Inventory: There are 376 listings available.
- Price trend: Prices have softened 15.48% compared with last year.
If you find a listing below $26,750 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 $26,842 CAD sits slightly below last year's $31,758 CAD.
That kind of decline suggests future sellers may need to price competitively if they want to move quickly. It also means today’s buyers are getting in after a meaningful correction from last year’s higher market.
If the Explorer continues to be seen as a roomy, well-equipped SUV with strong owner satisfaction, that should help support demand on the used market. Still, resale performance will depend on how well the vehicle’s condition and equipment stack up against similarly priced rivals.
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 Explorer earns a Top Safety Pick+ rating from IIHS and a five-star overall 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 and 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 gives you a strong standard safety package right from the start.
One caveat is that the reverse braking system can activate unexpectedly, which is worth keeping in mind if you’re test-driving or parking in tight spaces.
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:
- 33.2% of listings are priced as good or great deals.
- Price trend: Prices have softened 15.48% compared with last year.
- Owners rate it 4.7/5 — a strong satisfaction signal.
- The 2020 brings an all-new chassis, more technology, and broader powertrain choice, including hybrid and high-performance options.
The bottom line: If you want the newer chassis, stronger tech, and the broader personality that define this generation, the 2020 is the right place to start. If you’re mainly focused on price, a nearby year may be worth considering, but the 2020’s combination of space, performance, and market softening makes it the better all-around target for many used buyers.
How does the 2020 Ford Explorer compare to the 2020 Chevrolet Traverse?
| Spec | 2020 Ford Explorer | 2020 Chevrolet Traverse |
|---|---|---|
| Starting MSRP | $32,765 CAD | $29,800 CAD |
| Engine | 2.3L 300 hp I4 | 3.6L 310 hp V6 |
| MPG/MPGe (city) | 21 | 18 |
| MPG/MPGe (highway) | 28 | 27 |
| Average used price | $26,842 CAD | $25,496 CAD |
| Listings available | 376 | 109 |
| Good & great deal share | 33.2% | 37.6% |
Read our full side-by-side expert comparison here.
These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.
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