Used 2020 Ford Explorer for Sale near Ontario

How much does the 2020 Ford Explorer cost?

Prices have softened 15.53% compared to this time last year, making it a favourable time to shop this model year.

There are 375 listings available, which suggests you have a decent amount of inventory to compare.

Is the 2020 Ford Explorer a good car?

Yes — the 2020 Ford Explorer earns a 4.72/5 user rating and a 7.17/10 expert rating. The standout strength is Form and function at 9/10.

Owners consistently praise the spacious interior, stylish design, and advanced safety features, and many also like the modern technology and fun-to-drive character. The main trade-offs are the high price and some concerns about material quality. In practical terms, this suits you if you want a roomy three-row SUV with a more performance-oriented feel rather than a bargain-basement family hauler. With 32.0% of listings marked as good or great deals, there is still some room to shop selectively.

Is the 2020 Ford Explorer reliable?

Owners rate it 4.72/5, a strong signal of long-term satisfaction.

User feedback points to a vehicle that feels dependable, with owners highlighting the kind of trouble-free ownership experience they can count on, along with strong power and family-friendly usability. The expert assessment also points to a solid, well-sorted chassis and powertrain behaviour that should inspire confidence over time. If you are buying used, the main long-term ownership risk is that higher running costs and cabin-quality concerns may matter more as the vehicle ages.

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

Key things to evaluate:

• Trim level: The cabin design and equipment vary meaningfully by trim, and the base setup is less convincing if you care about upscale materials or a more premium feel. Higher trims add more polish, but the interior quality remains a key point to inspect closely.
• Powertrain: You can shop this model with a 2.3-litre turbo four-cylinder, a 3.0-litre twin-turbo V6, or a hybrid setup in the broader lineup. The V6 brings the strongest performance, while the four-cylinder is the volume engine and the hybrid is aimed at efficiency-minded buyers.
• 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 suite is a major plus, but you should still verify that every feature is functioning properly.
• Infotainment: An 8-inch touchscreen with Sync 3, Apple CarPlay, Android Auto, and a 4G Wi-Fi hotspot comes standard. Factory navigation is standard on all models, and higher trims can add a 10-inch vertical touchscreen and a 12-inch digital instrument cluster.
• Fuel efficiency: The Explorer is not especially frugal. The 2.3-litre turbo four-cylinder is rated at 11.6 L/100 km city, 8.7 L/100 km highway, and 10.3 L/100 km combined, while the V6 is 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 2 trim levels: XLT and Platinum.

Here's the short version:

• XLT: This is the trim to target if you want the best value, because it gives you the core Explorer experience with standard AWD, the 2.3-litre turbo engine, and the full standard safety and tech package without pushing the price into the upper range.
• Platinum: Choose this if you want the more upscale, more powerful version of the Explorer, including the available twin-turbo V6 and the richer tech presentation. It suits you best if performance and equipment matter more than value.

Ford Co-Pilot 360 is standard, so you do not need to move up the trim ladder just to get the core driver-assistance suite.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient.

• Deal availability: 32.0% of listings are priced as good or great deals.
• Inventory: There are 375 listings available.
• Price trend: Prices have softened 15.53% compared with last year.

If you find a listing below $26,751 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 $26,830 CAD sits slightly below last year's $31,762 CAD.

That drop suggests the market has already adjusted downward, which can help you as a buyer today but may limit upside if you plan to resell soon. For a future seller, the softer pricing means you may need to be more realistic about expectations, especially if the vehicle has average mileage or visible wear. On the other hand, a well-kept example with strong equipment and broad appeal should still attract interest because the Explorer remains a popular family SUV.

Vehicles with strong owner satisfaction ratings, like this model year's 4.72/5, 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 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 is a strong standard safety package for a used SUV, although the reverse braking system can be overly sensitive in some 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:

• 32.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 15.53% compared with last year.
• Owners rate it 4.72/5 — a strong satisfaction signal.
• It brings an all-new chassis, more technology, and hybrid and high-performance powertrains, which make it a more modern and broader-appeal Explorer.

The bottom line: If you want the most modern-feeling Explorer in this price band, the 2020 is the one to focus on. If you are more price-sensitive, you may want to keep shopping nearby years and compare condition, equipment, and asking price carefully, because the 2020 still carries a premium for its newer platform and added tech.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.