Used 2021 Ford Explorer for Sale nearOakville, ON

How much does the 2021 Ford Explorer cost?

Prices have softened 19.19% compared to this time last year, making it a favourable time to shop this model year.

There are 542 listings available, which suggests you have a reasonable amount of inventory to compare.

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 performance, comfort, and luxury features, and many also like the spacious interior and high-tech equipment. For you, that makes it a strong fit if you want a midsize SUV that feels more engaging than a typical family hauler while still working well for everyday family use. With 31.5% of listings marked as good or great deals, there is also a decent amount of market value to explore.

Is the 2021 Ford Explorer reliable?

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

The owner feedback also points to a dependable, trouble-free ownership experience for many shoppers, with praise centred on the Explorer’s comfort, performance, and feature content. If you want a used SUV you can count on for family duty, that kind of long-term approval is encouraging. For used buyers, the main ownership risk is making sure the specific vehicle has been cared for properly, since any higher-mileage SUV can bring added maintenance needs over time.

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

This looks like a moderate, selective buyer’s market, so you can shop carefully without feeling rushed.

• Deal availability: 31.5% of listings are priced as good or great deals.
• Inventory: There are 542 listings available.
• Price trend: Prices have softened 19.19% compared with last year.

If you find a listing below $29,184 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 $29,459 CAD sits slightly below last year's $36,453 CAD.

That price movement suggests the market has already adjusted downward, which can help you buy at a more favourable point in the cycle. For a future seller, it also means resale expectations should be set with today’s softer pricing in mind rather than last year’s higher benchmark. If demand stays steady, the Explorer’s broad appeal and family-friendly packaging should help support used-market interest.

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:

• 31.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 19.19% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2020 if:

• At $26,830 CAD, the 2020 costs less than the current year's $29,459 CAD average.
• It offers roomy cabin space and a modern, performance-oriented feel.

Consider the 2022 if:

• At $35,510 CAD, the 2022 costs more than the current year's $29,459 CAD average.
• It adds more trim choice and broader family-friendly versatility.

The bottom line: If you want the best balance of owner satisfaction, pricing, and current inventory, the 2021 is the primary path to consider. If your priority is saving money first, the 2020 is the better secondary option, especially if you value space and a modern SUV feel.

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