Used 2021 Ford Explorer for Sale near Niagara Falls, ON

How much does the 2021 Ford Explorer cost?

Prices have softened 19.40% compared to this time last year, making it a favourable time to shop this model year.

There are 548 listings available, which gives you a reasonable amount of inventory to compare before you buy.

Is the 2021 Ford Explorer a good car?

Yes — the 2021 Ford Explorer earns a 5/5 user rating, which points to strong owner satisfaction. Owners consistently praise its balance of performance, comfort, and luxury features, along with the spacious interior and high-tech equipment. It also fits well if you want a three-row SUV that can serve family duty while still offering a more engaging drive and available performance-oriented trims. With 31.4% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2021 Ford Explorer reliable?

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

The owner feedback points to a vehicle that many people find dependable in day-to-day use, with praise centred on comfort, performance, and features that hold up well over time. That said, the broader model line has had some reliability concerns, so you should still inspect any used example carefully for signs of wear and maintenance history. For used buyers, the main long-term ownership risk is ending up with a poorly maintained example rather than a fundamentally weak ownership experience.

Is now a good time to buy a used 2021 Ford Explorer?

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

• Deal availability: 31.4% of listings are priced as good or great deals.
• Inventory: There are 548 listings available.
• Price trend: Prices have softened 19.40% compared with last year.

If you find a listing below $30,137 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2021 Ford Explorer's resale value?

The current average of $30,137 CAD sits slightly below last year's $37,393 CAD.

That price movement suggests the market has already adjusted downward, which can make the Explorer easier to buy now but may also limit upside for a future seller. If you purchase at today’s average, you may have less room for appreciation unless demand strengthens. On the other hand, the model’s broad appeal and strong owner satisfaction can help support steady interest when you eventually list it. Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2021 Ford Explorer or consider a different year?

If you're weighing the 2021 against nearby model years, here's how to think about it:

Choose the 2021 if:

• 31.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 19.40% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2020 if:

• At $27,085 CAD, the 2020 costs less than the current year's $30,137 CAD average.
• It offers an all-new chassis with more technology and available hybrid power.

Consider the 2022 if:

• At $35,945 CAD, the 2022 costs more than the current year's $30,137 CAD average.
• It adds broader trim variety and a more refined family-focused package.

The bottom line: The 2021 is the best all-around choice if you want strong owner satisfaction, a more modern driving feel, and a market that has cooled enough to create opportunities. If your priority is saving money, the 2020 is the better value path; if you want a newer-feeling package and can spend more, the 2022 is worth a look.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.