Used 2020 Ford Explorer for Sale nearVictoria, BC

How much does the 2020 Ford Explorer cost?

Prices have softened 15.09% compared to this time last year, making it a favourable time to shop this model year.

There are 369 listings available, which suggests you have a decent amount of inventory to compare.

Is the 2020 Ford Explorer a good car?

Yes — with a 4.7/5 user rating and an expert rating of 7.2/10, it lands as a strong choice for shoppers who want a roomy, modern three-row SUV. The standout strength is Form and function at 9/10.

Owners consistently praise the powerful feel, stylish design, advanced safety features, spacious interior, and modern technology. The main trade-offs are that some buyers find the price high and note concerns about material quality and fuel requirement.

That lines up with the Explorer’s role as a larger, quicker-feeling SUV with an all-new chassis, more technology, and broader powertrain appeal. If you want a family hauler that feels more upscale in design and more engaging to drive than a basic utility vehicle, it fits that brief well.

With 28.2% 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 4.7/5, a strong signal of long-term satisfaction.

The owner feedback points to a vehicle that feels dependable, trouble-free, and easy to count on over time, especially for families who value strong performance and modern features. The expert notes also support that impression by describing the Explorer as a well-developed SUV with a capable chassis and a broad range of powertrains.

The ownership risk for used buyers is mainly tied to cost: if you want a long-term keeper, you should be prepared for a premium purchase price and pay close attention to condition and maintenance history.

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

Key things to evaluate:

• Trim level: The cabin design and equipment vary a lot by trim, and the base setup is less convincing than the higher-spec versions. You should pay close attention to interior finish, because the materials are a recurring weak point even as the exterior styling and overall packaging improve.
• Powertrain: The standard engine is a 2.3-litre turbocharged inline four-cylinder with 300 hp and 310 lb-ft of torque, while higher-output versions bring much more punch. In Canada, AWD is standard on all trims, and the chassis is tuned for a rear-wheel-drive feel that helps the Explorer drive more confidently than older 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. That means you should verify that the safety equipment is intact and functioning properly, especially on higher-mileage examples.
• Infotainment: Standard equipment includes an 8-inch touchscreen with Sync 3, Apple CarPlay, Android Auto, a 4G Wi-Fi hotspot, and factory navigation. Higher trims can add a 10-inch vertical touchscreen and a 12-inch digital instrument cluster, so it is worth checking whether the features you want are included on the specific vehicle you are considering.
• Fuel efficiency: The standard 2.3-litre engine is rated at 11.6 L/100 km in city driving, 8.7 L/100 km on the 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 standard AWD setup, the core safety tech, and the Explorer’s main strengths without stretching too far into the expensive upper end of the range. It gives you the essentials that make this SUV appealing, while the broader expert commentary makes clear that the model’s value proposition gets weaker as prices climb.

The safety package note is important here: Ford Co-Pilot 360 is standard, so you do not need to move up the range 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 you can shop with some leverage if you are patient.

• Deal availability: 28.2% of listings are priced as good or great deals.
• Inventory: There are 369 listings available.
• Price trend: Prices have softened 15.09% compared with last year.

If you find a listing below $26,632 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 $26,648 CAD sits slightly below last year's $31,383 CAD.

That drop suggests the market has already adjusted downward, which can make the Explorer easier to buy now but less favourable if you are thinking about future trade-in value. If prices stay soft, sellers may need to be more realistic about asking prices, especially for higher-mileage examples or vehicles without desirable equipment.

For a future seller, the upside is that the Explorer still has broad appeal thanks to its space, styling, and strong owner satisfaction. Well-kept examples with the right equipment should continue to attract interest, but the premium new-vehicle pricing history means depreciation remains a factor you should expect.

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 reverse braking can activate falsely, so you should test the system carefully and make sure it behaves properly in real-world 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:

• 28.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 15.09% 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 powertrain options, which make it feel more modern and more versatile than the older generation.

The bottom line: If you want the newer chassis, stronger tech, and broader performance appeal, the 2020 is the right direction to go. If your priority is value, a lower-priced nearby year may be the smarter path, especially if you can find a well-kept example with the equipment you need.

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 10, 2026, CarGurus experts' opinions, and generative AI.