Used 2021 Ford Explorer for Sale near Thornhill, ON

How much does the 2021 Ford Explorer cost?

Prices have softened 19.20% compared to this time last year, making it a favourable time to shop this model year.

There are 540 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2021 Ford Explorer a good car?

Yes — 5/5. 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 midsize SUV that feels more engaging than a typical family hauler, while still offering practical seating for up to seven passengers. With 30.6% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.

Is the 2021 Ford Explorer reliable?

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

The owner feedback points to a dependable, trouble-free ownership experience for many shoppers, especially those who value comfort, space, and useful technology. That said, used buyers should still pay close attention to maintenance history and condition, since long-term ownership risk always depends on how the vehicle was driven and cared for.

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 patiently and still find worthwhile options.

• Deal availability: 30.6% of listings are priced as good or great deals, which gives you some room to negotiate.
• Inventory: There are 540 listings available.
• Price trend: Prices have softened 19.20% compared with last year.

If you find a listing below $29,186 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 $29,502 CAD sits slightly below last year's $36,511 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, the softer current pricing means there may be less upside than there was a year ago, especially if you plan to resell in the near term. Even so, strong owner satisfaction can help support demand when it is time to sell.

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:

• 30.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 19.20% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2020 if:

• At $26,842 CAD, the 2020 costs less than the current year's $29,502 CAD average.
• It offers roomy cabin space and a modern, performance-oriented feel.

Consider the 2022 if:

• At $35,416 CAD, the 2022 costs more than the current year's $29,502 CAD average.
• It adds broader trim choice and refined packaging for more buyers.

The bottom line: The 2021 is the best all-around pick if you want a well-liked Explorer with softer pricing and decent deal availability. If your priority is saving money, the 2020 is the more budget-friendly path; if you want newer packaging and are willing to pay more, the 2022 is the better upgrade route.

How does the 2021 Ford Explorer compare to the 2021 Chevrolet Traverse?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.