Used 2020 Ford Explorer for Sale nearNanaimo, BC

How much does the 2020 Ford Explorer cost?

Prices have softened 17.42% compared to this time last year, making it a favourable time to shop this model year.

There are 378 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2020 Ford Explorer a good car?

Yes — the 2020 Ford Explorer earns a 4.71/5 user rating and a 7.17/10 expert rating. The standout strength is Form and function at 9/10.

Owners consistently praise the power, stylish design, advanced safety features, spacious interior, and modern technology. The Explorer also fits buyers who want a roomy SUV with a more engaging character, since the overview highlights its larger, quicker-feeling personality and broad appeal beyond basic family duty.

The trade-offs are clear: the interior materials feel cheap, and value for money is poor, especially as prices climb. In market terms, 34.4% of listings are priced as good or great deals, so there are still some attractive opportunities if you shop carefully.

Is the 2020 Ford Explorer reliable?

Owners rate it 4.71/5, a strong signal of long-term satisfaction.

The owner feedback points to a vehicle that feels reliable, dependable, and generally trouble-free enough for families who want something they can count on. The review summary also emphasises strong power and a spacious cabin, which usually supports confidence in day-to-day ownership.

From the road-test side, the Explorer’s chassis and powertrains are described as smooth, refined, and well-sorted, which reinforces the sense that it should be a solid long-term companion. The main used-buyer risk is that higher running costs and expensive trim levels can make ownership less forgiving if you want a low-stress budget.

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 the weak point, with cheap-feeling materials and lots of hard plastic in the lower-cost versions. The ST and Platinum models can add a more upscale feel and more equipment, but they also push the price much higher.
• Powertrain: The standard 2.3-litre turbo four-cylinder is the volume engine, while the available 3.0-litre EcoBoost twin-turbo V6 brings much stronger performance. AWD is standard on all trims in Canada, and the ST gets the most dynamic tuning.
• 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. The standard safety suite is a major selling point.
• Infotainment: 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 all come standard. ST and Platinum models can add a 10-inch vertical touchscreen and a 12-inch digital instrument cluster.
• Fuel efficiency: The 2.3-litre turbo four-cylinder is rated at 11.6 L/100 km city, 8.7 highway, and 10.3 combined. The V6 is rated at 13.3/9.8/11.8 L/100 km, while the hybrid is rated at 10.1 city, 9.0 highway, and 9.6 combined.

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 entry point and the value-focused choice if you want the standard AWD setup, the core safety tech, and the full family-SUV package without paying for the pricier upgrades.
• Limited: This is the best-value trim if you want a more upscale feature set and the broader equipment mix without jumping all the way to the performance-oriented models.
• ST: This is the pick if you care most about performance, with the strongest powertrain and the most engaging chassis tuning.
• Platinum: This is the luxury-leaning choice, adding the most premium feel and the available high-output V6 for buyers who want comfort and power together.

Ford Co-Pilot 360 is standard, so even the lower trims get a strong safety foundation.

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

This is a moderate market for selective buyers, with enough inventory to compare options and enough deal activity to reward patience.

• Deal availability: 34.4% of listings are priced as good or great deals.
• Inventory: There are 378 listings available.
• Price trend: Prices have softened 17.42% compared with last year.

If you find a listing below $26,926 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 $26,926 CAD sits slightly below last year's $32,606 CAD.

That price drop suggests the market has already adjusted downward, which can help you as a buyer but may pressure future resale if you overpay today. If you buy near the current average, you reduce the risk of taking a bigger depreciation hit later. The Explorer’s strong equipment and broad appeal should still help it attract shoppers, but expensive trims may be harder to recover at resale.

Vehicles with strong owner satisfaction ratings, like this model year's 4.71/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Ford Explorer safe?

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

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 across the lineup.

One caveat is that reverse braking can activate falsely, which is worth keeping in mind if you do a lot of tight parking manoeuvres.

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:

• 34.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 17.42% compared with last year.
• Owners rate it 4.71/5 — a strong satisfaction signal.
• The 2020 model year stands out for its all-new chassis, upgraded technology, and the introduction of hybrid and high-performance powertrains.

The bottom line: If you want the most modern-feeling Explorer in this price band, the 2020 is the one to target. It gives you the new chassis, the broadest personality, and strong safety equipment, but you should still shop carefully because value is not its strongest trait. If you are especially price-sensitive, a later used example or a lower-trim 2020 with the right equipment may be the smarter path.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.