Used 2022 Ford Explorer for Sale nearPeterborough, ON

How much does the 2022 Ford Explorer cost?

Prices have softened 14.07% compared to this time last year, making it a favourable time to shop this model year.

There are 554 listings available, which suggests a decent amount of inventory to compare.

Is the 2022 Ford Explorer a good car?

Yes — the 2022 Ford Explorer earns a 4.92/5 user rating and a 7.5/10 expert rating. The standout strength is Safety at 10/10.

Owners consistently praise its comfort, performance, practicality, spacious interior, and cargo capacity, especially for families. That lines up well with the Explorer’s three-row layout and its broad appeal, from a value-rich base model to a more luxurious Platinum trim level. The overall package is especially relevant if you want a family SUV that balances everyday usefulness with a more modern platform and available hybrid powertrain.

With 35.0% of listings marked as good or great deals, there’s a meaningful share of the market worth a closer look.

Is the 2022 Ford Explorer reliable?

Owners rate it 4.92/5, a strong signal of long-term satisfaction.

The owner feedback also points to a dependable, trouble-free ownership experience for many shoppers, with repeated praise for comfort, practicality, and family-friendly usability. Ford’s performance tuning and the way the SUV is packaged for everyday use also support the impression that it’s built to be lived with over the long term.

Ford’s Co-Pilot360 systems are described as operating smoothly and accurately, which adds to the sense that the Explorer is engineered to be easy to count on day to day. For used buyers, the main long-term ownership risk is that some drivers still want more power and better handling of warning systems, so it’s worth checking that the features you care about work the way you expect.

What should I look for when buying a used 2022 Ford Explorer?

Key things to evaluate:

• Trim level: The lineup ranges from a value-rich base model to a luxurious Platinum trim level, and the higher trims can feel more complete because they add more standard equipment. The base trim can still show some of the Explorer’s lower-rung material quality, so it’s worth comparing cabin finish and feature content carefully.
• Powertrain: You can choose between a turbocharged 2.3-litre EcoBoost four-cylinder, an available hybrid based on a 3.3-litre V6, and a twin-turbocharged 3.0-litre V6. The hybrid is the best blend of power, efficiency, and capability, while the V6 brings stronger acceleration and towing ability.
• Safety package: Ford Co-Pilot360 is standard and includes forward-collision warning, automatic emergency braking, lane-departure warning, lane-keeping assist, blind-spot monitoring, rear cross-traffic alert, and automatic high-beam headlights. Co-Pilot360 Assist+ adds adaptive cruise control with stop-and-go, lane-centring assist, and evasive steering assist.
• Infotainment: The Explorer uses Sync 3 with either an 8-inch or 10.1-inch touchscreen. Higher trims can add wireless smartphone charging, a surround-view camera system, and a 14-speaker Bang and Olufsen premium sound system.
• Fuel efficiency: The turbocharged 2.3-litre engine uses between 10.3 and 11.8 L/100 km in combined driving, the hybrid can use as little as 9.6 L/100 km, and the twin-turbo 3.0-litre V6 is rated at 11.8 L/100 km combined.

Which 2022 Ford Explorer trim should I buy?

The 2022 Ford Explorer is offered in 6 trim levels: XLT, ST-Line, Timberline, Limited, ST, and Platinum.

Here's the short version:

• XLT: This is the entry point for the standard 2.3-litre turbo-four and standard 4WD in Canada, so it makes sense if you want the Explorer’s core family-SUV strengths without stretching the budget. It’s the trim to start with if you value practicality first.
• ST-Line: This trim adds a sportier look to the XLT formula, making it a good fit if you want more style without moving into the higher-performance or luxury end of the range.
• Timberline: This is the better choice if you want the most rugged-looking Explorer in the standard lineup, and it also gets improved off-road geometry and 22.1 cm of ground clearance. It suits buyers who want extra capability for rougher terrain.
• Limited: This is the best-value trim if you want the available hybrid powertrain, since it combines efficiency with strong output and capability. It’s the trim to target if you want the most balanced mix of power, fuel use, and everyday usefulness.
• ST: Choose this if you want the strongest acceleration and the sportiest character, since it gets the twin-turbo 3.0-litre V6 and can be paired with the ST Street option package.
• Platinum: This is the luxury-focused choice, with the twin-turbo V6 and additional tech such as the 12.3-inch digital instrumentation display and Active Park Assist 2.0. It’s the trim to buy if you want the most upscale Explorer experience.

Every 2022 Explorer gets Co-Pilot360, while Co-Pilot360 Assist+ adds adaptive cruise control with stop-and-go, lane-centring assist, and evasive steering assist.

Is now a good time to buy a used 2022 Ford Explorer?

The market looks moderately favourable if you’re a selective buyer.

• Deal availability: 35.0% of listings are priced as good or great deals.
• Inventory: There are 554 listings available.
• Price trend: Prices have softened 14.07% compared with last year.

If you find a listing below $35,714 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2022 Ford Explorer's resale value?

The current average of $35,714 CAD sits slightly below last year's $41,563 CAD.

That drop suggests the market has become more favourable for buyers, but it also means future sellers may need to price more competitively to stand out. If you’re planning to own one for a few years, the current softness could help you buy at a better entry point than last year’s market.

Strong owner satisfaction can help support demand later, especially for a family SUV with broad appeal and a reputation for comfort and practicality. Vehicles with strong owner satisfaction ratings, like this model year's 4.92/5, tend to retain buyer demand, which supports resale value over time.

Is the 2022 Ford Explorer safe?

The 2022 Explorer earns a Top Safety Pick+ rating from the Insurance Institute for Highway Safety.

It earns a 10/10 safety score from our experts.

Ford equips every 2022 Explorer with Co-Pilot360, which includes forward-collision warning, automatic emergency braking, lane-departure warning, lane-keeping assist, blind-spot monitoring, rear cross-traffic alert, and automatic high-beam headlights. If you choose Co-Pilot360 Assist+, you also get adaptive cruise control with stop-and-go, lane-centring assist, and evasive steering assist.

NHTSA has not published complete crash-test ratings for this model year, so there isn’t a full federal rating set to cite here. The safety package is strong overall, but some of the more advanced driver-assistance features are reserved for Co-Pilot360 Assist+.

Should I buy a 2022 Ford Explorer or consider a different year?

If you're weighing the 2022 against nearby model years, here's how to think about it:

Choose the 2022 if:

• 35.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 14.07% compared with last year.
• Owners rate it 4.92/5 — a strong satisfaction signal.
• Ford added ST-Line and Timberline trim levels while continuing to refine the Explorer’s packaging for a broad range of buyers.

The bottom line: The 2022 Explorer makes sense if you want a well-rounded three-row SUV with strong owner satisfaction, a softer used-market price, and a wide trim range. If you’re price-sensitive, this is a good year to shop carefully and focus on listings near the low end of the current range.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.