Used 2021 Ford Explorer for Sale nearToronto, ON

How much does the 2021 Ford Explorer cost?

Prices have softened 19.64% compared to this time last year, making it a favourable time to shop this model year.

There are 537 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 is a strong user rating for the 2021 Ford Explorer. Owners consistently praise its balance of performance, comfort, and luxury features, and many also like the spacious interior, powerful engine, and high-tech features. In practical terms, that makes it a strong fit if you want a three-row SUV that can handle family duty while still feeling more engaging to drive than many rivals. With 32.6% of listings marked as good or great deals, you also 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 and trouble-free enough to recommend with confidence. That said, the broader model line has had some reliability concerns, so used buyers should still pay close attention to service records and overall condition. For long-term ownership, a well-maintained example is the safer path.

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: 32.6% of listings are priced as good or great deals.
• Inventory: There are 537 listings available.
• Price trend: Prices have softened 19.64% compared with last year.

If you find a listing below $30,051 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 $30,051 CAD sits slightly below last year's $37,394 CAD.

That price movement suggests the market has cooled, which can make the Explorer easier to buy now but may also limit upside for a future seller. If you plan to resell later, the current pricing trend means you should focus on buying well and choosing a desirable, well-kept example. Strong condition and documented maintenance matter more when the market has already adjusted downward.

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:

• 32.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 19.64% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2020 if:

• At $27,052 CAD, the 2020 costs less than the current year's $30,051 CAD average.
• It adds an all-new chassis and more technology.

Consider the 2022 if:

• At $35,902 CAD, the 2022 costs more than the current year's $30,051 CAD average.
• It broadens trim choice and refines family-focused versatility.

The bottom line: The 2021 is the best all-around pick if you want a well-liked Explorer with softened pricing and decent deal availability. If your priority is saving money, the 2020 is the better value play; if you want to spend more for a newer-feeling package, the 2022 is the natural step up.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.