Used 2020 Ford Explorer for Sale near Saskatchewan
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- White
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- 10-Speed Automatic
- Mileage:
- 157,470
- Stock #:
- B55675
- VIN:
- 1FMSK8FH6MGB55675


Sponsored by Saskatoon Auto Connection
2021 Ford Explorer
Limited AWD
157,470 km
$25,664
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3L V6
- Exterior colour:
- Silver
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 138,429
- Stock #:
- P6739
- VIN:
- 1FM5K8GCXMGB73922

Sponsored Listing
2021 Ford Explorer
ST AWD
138,429 km
$33,995
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Atlas Blu
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 86,997
- Stock #:
- 7J013A
- VIN:
- 1FMSK8DH8LGC05297

Sponsored Listing
2020 Ford Explorer
XLT AWD
86,997 km
$30,999
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3L V6
- Exterior colour:
- Black
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 142,881
- Stock #:
- 08245
- VIN:
- 1FM5K8GC0MGB08245

2021 Ford Explorer
ST AWD
142,881 km
$27,388
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 365 hp 3L V6
- Exterior colour:
- Gray
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 89,417
- Stock #:
- 733101
- VIN:
- 1FM5K8HC8MGA34189

2021 Ford Explorer
Platinum AWD
89,417 km
$34,278
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3L V6
- Exterior colour:
- Gray
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 118,545
- Stock #:
- 1734
- VIN:
- 1FM5K8GC0LGA65484
Photos coming soon
2020 Ford Explorer
ST AWD
118,545 km
$26,999
- Year:
- 2020
- 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:
- 172,248
- Stock #:
- H261072A
- VIN:
- 1FM5K8HC7LGB13318

2020 Ford Explorer
Platinum AWD
172,248 km
$18,999
- 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:
- Black
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Flex Fuel Vehicle
- Transmission:
- Automatic
- Mileage:
- 215,220
- Stock #:
- GB57709
- VIN:
- 1FM5K8AB9LGB57709

2020 Ford Explorer
Police Interceptor Utility AWD
215,220 km
$11,981
- Year:
- 2021
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- White
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- 10-Speed Automatic
- Mileage:
- 157,470
- Stock #:
- B55675
- VIN:
- 1FMSK8FH6MGB55675

2021 Ford Explorer
Limited AWD
157,470 km
$25,664
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- White
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 151,677
- Stock #:
- R104263
- VIN:
- 1FM5K8FH7KGA17802

2019 Ford Explorer
Limited AWD
151,677 km
$22,495
- Year:
- 2020
- 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:
- 102,487
- Stock #:
- B96713
- VIN:
- 1FMSK8DH4LGB96713

2020 Ford Explorer
XLT AWD
102,487 km
$29,269
- 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:
- 170,000
- Stock #:
- P40291
- VIN:
- 1FM5K8FH5KGA47574

2019 Ford Explorer
Limited AWD
170,000 km
$20,495
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Brown
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 146,066
- Stock #:
- R103917
- VIN:
- 1FMSK8DH8LGA73917

2020 Ford Explorer
XLT AWD
146,066 km
$23,995
CarGurus Analysis:
2020 Ford Explorer
With 384 currently listed for sale and an average price of $26,812 CAD, 35.2% of 2020 Ford Explorer listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2020 Ford Explorer 4.71 / 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
- Exterior colour:
- White
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 154,426
- Stock #:
- UT94308
- VIN:
- 1FM5K8DH6KGA65388

2019 Ford Explorer
XLT AWD
154,426 km
$17,995
- Year:
- 2021
- 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:
- 59,000
- Stock #:
- EX40288A
- VIN:
- 1FMSK8DH3MGA53284

2021 Ford Explorer
XLT AWD
59,000 km
$32,900
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 290 hp 3.5L V6
- Exterior colour:
- Silver
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 151,600
- Stock #:
- T668A
- VIN:
- 1FM5K8D82KGA66005
Photos coming soon
2019 Ford Explorer
XLT AWD
151,600 km
$21,140
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 290 hp 3.5L V6
- Exterior colour:
- Blue
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 92,271
- Stock #:
- 251435
- VIN:
- 1FM5K8F86KGA74136

2019 Ford Explorer
Limited AWD
92,271 km
$29,817
- 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
$29,817
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- Agate Black Metallic
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 124,043
- Stock #:
- D50859A
- VIN:
- 1FMSK8FH9LGA73969

2020 Ford Explorer
Limited AWD
124,043 km
$29,805
- Year:
- 2020
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3L V6
- Exterior colour:
- Blue
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 92,531
- Stock #:
- 28174
- VIN:
- 1FM5K8GC7LGA85683

2020 Ford Explorer
ST AWD
92,531 km
$36,644
- Year:
- 2020
- 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:
- 72,982
- Stock #:
- 28170
- VIN:
- 1FMSK8DH1LGA73757

2020 Ford Explorer
XLT AWD
72,982 km
$32,586
- 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

2021 Ford Explorer
Limited AWD
139,694 km
$27,674
- Year:
- 2019
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior colour:
- White
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 151,677
- Stock #:
- R104263
- VIN:
- 1FM5K8FH7KGA17802

Sponsored Listing
2019 Ford Explorer
Limited AWD
151,677 km
$22,495
CarGurus Analysis: 2020 Ford Explorer
overall

Summary
With 384 currently listed for sale and an average price of $26,812 CAD, 35.2% of 2020 Ford Explorer listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2020 Ford Explorer 4.71 / 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
- 2021 Ford Explorer
- Average price: $29,186 CAD
- Good/great deal percentage: 31.5%
- User rating: 5 / 5
- Total listings: 542
- 2022 Ford Explorer
- Average price: $35,752 CAD
- Good/great deal percentage: 31.1%
- User rating: 4.92 / 5
- Total listings: 543
- 2025 Ford Explorer
- Average price: $52,499 CAD
- Good/great deal percentage: 33.9%
- User rating: 5 / 5
- Total listings: 348
Similar models to consider
- 2020 Chevrolet Traverse
- Average price: $25,601 CAD
- Good/great deal percentage: 36.1%
- User rating: 4.93 / 5
- Total listings: 108
- 2020 Toyota Highlander
- Average price: $34,962 CAD
- Good/great deal percentage: 28.4%
- User rating: 4.6 / 5
- Total listings: 236
- 2020 Honda Pilot
- Average price: $30,583 CAD
- Good/great deal percentage: 27.2%
- User rating: 4.7 / 5
- Total listings: 195
This analysis is based on CarGurus' proprietary market data from October 5, 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!
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.
Aaron F
Reviewed a 2020 Ford Explorer on Mar 30, 2023
The 2020 Ford Explorer ST is the best purchase I ever made, it has everything from heated to air-conditioned seats m, even massage seats. The panoramic sunroof is a huge plus, theres plenty of room for a family with kids. It drives nice and smooth, best purchase I ever made. There is literally nothing negative about the vehicle at all.
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
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Calgary, AB leads with an average price of $29,142 CAD, indicating a premium market for the 2020 Ford Explorer.
- Best Value: Halifax, NS offers the lowest average price at $19,900 CAD, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Toronto, ON has the most listings at 137, suggesting a robust supply that may help stabilise prices in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 137 | $24,888 CAD |
| London, ON | 79 | $23,751 CAD |
| Ottawa, ON | 70 | $26,069 CAD |
| Edmonton, AB | 62 | $27,229 CAD |
| Montreal, QC | 59 | $24,652 CAD |
| Calgary, AB | 47 | $29,142 CAD |
| Winnipeg, MB | 32 | $28,134 CAD |
| Quebec, QC | 29 | $25,949 CAD |
| Vancouver, BC | 27 | $28,046 CAD |
| Halifax, NS | 13 | $19,900 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The XLT AWD trim has the highest inventory with 391 listings, indicating strong demand for this configuration.
- Premium Spread: The Platinum AWD trim, priced at $58,250 CAD, shows a significant premium over the XLT AWD, highlighting the value of additional features.
- Drivetrain Effect: All trims are equipped with AWD, which may contribute to the overall appeal and pricing consistency across the model.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| XLT AWD | 391 | $38,925 CAD | AWD | 2.3L 300 hp I4 |
| ST AWD | 281 | $54,740 CAD | AWD | 3.0L 400 hp V6 |
| Limited AWD | 220 | $50,380 CAD | AWD | 2.3L 300 hp I4 |
| Platinum AWD | 163 | $58,250 CAD | AWD | 3.0L 365 hp V6 |
| Police Interceptor Utility AWD | 21 | $37,085 CAD | AWD | 3.3L 285 hp V6 Flex Fuel Vehicle |
| AWD | 8 | $34,765 CAD | AWD | 2.3L 300 hp I4 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2027 model year commands an average price of $71,921 CAD, reflecting a substantial premium over its starting MSRP of $38,465 CAD.
- Depreciation Curve: The 2016 model year exhibits the steepest depreciation at -60.8%, indicating significant value loss over time.
- Best Value Sweet Spot: The 2025 model year is priced closely to its starting MSRP, with an average price of $40,512 CAD, suggesting it may offer the best value for buyers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2027 | $38,465 CAD | $71,921 CAD | +87.0% |
| 2026 | $38,465 CAD | $45,918 CAD | +19.4% |
| 2025 | $40,050 CAD | $40,512 CAD | +1.2% |
| 2024 | $36,860 CAD | $34,421 CAD | -6.6% |
| 2023 | $36,760 CAD | $31,402 CAD | -14.6% |
| 2022 | $35,510 CAD | $27,780 CAD | -21.8% |
| 2021 | $32,925 CAD | $23,699 CAD | -28.0% |
| 2020 | $32,765 CAD | $21,893 CAD | -33.2% |
| 2019 | $32,365 CAD | $16,931 CAD | -47.7% |
| 2018 | $32,140 CAD | $15,567 CAD | -51.6% |
| 2017 | $31,660 CAD | $13,752 CAD | -56.6% |
| 2016 | $31,050 CAD | $12,170 CAD | -60.8% |
These recommendations are based on CarGurus' proprietary market data from September 25, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2020 Ford Explorer cost?
| Metric | Value |
|---|---|
| Current Average Price | $26,914 CAD |
| Year-Round Low | $26,895 CAD |
| Year-Round High | $32,735 CAD |
| Average Price a Year Ago | $32,743 CAD |
| Change vs. Last Year | −17.80% |
Prices have softened 17.80% compared to this time last year, making it a favourable time to shop this model year.
There are 384 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. That lines up well with the Explorer’s use case as a roomy family SUV that also feels more engaging than a typical three-row hauler.
The trade-offs are clear, though: the interior materials feel cheap, and the value proposition is weak because the price climbs quickly. Even so, if you want a larger SUV with a more modern feel and a broader performance range, this model year fits that brief well.
With 33.6% 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 4.71/5, a strong signal of long-term satisfaction.
Owner feedback points to a vehicle that feels reliable, dependable, and trouble-free for many shoppers, with praise for the way it delivers strong performance while still meeting family needs. The expert assessment also highlights the Explorer’s solid chassis and smooth, uninterrupted power delivery, which supports confidence in day-to-day use.
Ford also includes a useful maintenance perk in the ownership experience, which helps soften early running costs. For used buyers, the main long-term risk is that a premium-priced SUV with a mixed reputation for interior quality can become expensive to live with if previous owners skipped maintenance or if wear has already started to show.
What should I look for when buying a used 2020 Ford Explorer?
Key things to evaluate:
- Trim level: The cabin quality is a major weak point, especially at higher prices, so pay close attention to whether the trim you’re considering actually adds enough equipment to justify the cost. The base setup is already well equipped, but the interior materials remain a concern even as you move up.
- Powertrain: You can find a 2.3-litre turbo four-cylinder, a 3.0-litre twin-turbo V6, and a hybrid setup in the broader model line. The V6 brings the strongest performance, while the four-cylinder is the volume engine and the hybrid is positioned differently from the gas-only versions.
- 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.
- 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 keyless entry keypad. Higher-spec 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 L/100 km highway, and 10.3 L/100 km combined. 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 1 trim level: XLT.
Here's the short version:
The XLT is the trim to focus on if you want the core Explorer experience without chasing expensive extras. It already gives you standard AWD, the standard safety suite, and the main infotainment and convenience features, so it covers the essentials well. If you’re shopping used, this is the trim that makes the most sense for value because the model’s biggest drawback is how quickly the price climbs relative to the interior quality.
The safety package is standard across the lineup, so you don’t need to move up just to get the key driver-assistance features.
Is now a good time to buy a used 2020 Ford Explorer?
This is a moderate market for selective buyers, so it makes sense to compare listings carefully and move quickly on the right one.
- Deal availability: 33.6% of listings are priced as good or great deals.
- Inventory: There are 384 listings available.
- Price trend: Prices have softened 17.80% compared with last year.
If you find a listing below $26,895 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 $26,914 CAD sits slightly below last year's $32,743 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 sell soon. For a future seller, the good news is that the Explorer still has broad appeal thanks to its space, styling, and strong feature content. The challenge is that its premium pricing and mixed value perception can keep resale gains in check unless the vehicle is well equipped and well maintained.
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 without needing to climb the trim ladder.
One caveat is that reverse braking can activate falsely, 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:
- 33.6% of listings are priced as good or great deals.
- Price trend: Prices have softened 17.80% compared with last year.
- Owners rate it 4.71/5 — a strong satisfaction signal.
- The 2020 model year brings an all-new chassis, upgraded technology, and available 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 because it combines the new chassis, stronger tech, and broad powertrain choice. If you’re more price-sensitive, shop carefully and compare against nearby years, since the Explorer’s value story is still mixed and the best deal may come down to condition, equipment, and how aggressively the seller has priced it.
These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.
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