Used 2023 Ford Explorer for Sale near Peterborough, ON

Summary

• With 107 currently listed for sale near Peterborough, ON and an average price of $42,501.00 CAD, 26.2% of 2023 Ford Explorers for sale on CarGurus are rated as good or great deals.

• Favourably reviewed: Owners rated the 2023 Ford Explorer 4.75 / 5 stars.

• 100.0% of 2023 Explorer models on CarGurus are accident free.

Why it stands out

The 2023 Ford Explorer stands out as a midsize SUV that has moved well beyond its rugged origins into a more polished, more premium role. In this generation, it rides on the CD6 platform shared only with the Lincoln Aviator, and its rear-wheel drive bias gives it better handling than any previous Explorer without sacrificing smoothness or refinement. That makes it one of the more engaging three-row SUVs to drive, especially for buyers who want something that feels more composed on the road than the Explorer’s earlier generations.

Powertrain choice is another part of its appeal. The 2023 Explorer can be had with a 300-horsepower 2.3-litre EcoBoost four-cylinder, while higher-output versions use a 3.0L EcoBoost V6 with twin turbochargers that develops 365 horsepower and 380 lb-ft of torque. The ST trim raises output to 400 horsepower and 415 lb-ft of torque, and the model is described as genuinely fun to drive. The Explorer was also available as a hybrid from 2020 to 2023, combining a 3.3-litre hybrid V6 with a 1.5-kWh battery pack and electric motor for 318 horsepower and a combined fuel consumption figure of 9.6 litres per 100 kilometres, which is excellent for this class.

It is also well equipped and practical. Even the XLT includes push-button start, keyless entry, and Ford Co-Pilot360 driver-assistance features such as automatic high beams, blind-spot information system with cross-traffic alert, lane-keeping alert, lane-keeping assist, forward automatic emergency braking with pedestrian detection, and forward collision warnings. Apple CarPlay, Android Auto, and at least four USB ports are standard, and seating can be configured for up to seven passengers or for six with second-row captain’s chairs. The main drawbacks are that some advanced features require higher trims or option packages, and the initial 2020 models had a relatively high number of gremlins, even though these latest Explorers have a better reliability record than their predecessors.

Other model years to consider

• 2025 Ford Explorer

  • Average price: $52,318.00 CAD
  • Good/great deal percentage: 29.2%
  • User rating: 5 / 5
  • Total listings: 72

• 2021 Ford Explorer

  • Average price: $31,680.00 CAD
  • Good/great deal percentage: 23.0%
  • User rating: 5 / 5
  • Total listings: 100

• 2022 Ford Explorer

  • Average price: $40,229.00 CAD
  • Good/great deal percentage: 21.8%
  • User rating: 4.92 / 5
  • Total listings: 101

This analysis is based on CarGurus' proprietary market data from August 7, 2026, CarGurus experts' opinions, and generative AI.