Used 2024 Ford Explorer for Sale nearOshawa, ON

How much does the 2024 Ford Explorer cost?

Prices have softened 17.29% compared to this time last year, making it a favourable time to shop this model year.

There are 403 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2024 Ford Explorer a good car?

The 2024 Ford Explorer is a solid choice if you want a midsize SUV that feels more road-focused and refined than older Explorers, with a practical three-row layout and a strong mix of equipment. Its user rating is 3/5, and the model’s rear-wheel-drive bias helps it handle better than previous generations while still keeping the ride smooth.

It also makes sense if you value versatility, since even the XLT includes push-button start, keyless entry, and Ford Co-Pilot360, while higher trims add features such as adaptive cruise control, lane centring, evasive steering assist, panoramic twin-panel moonroofs, and Bang & Olufsen audio. With 37.5% of listings marked as good or great deals, the market offers some room to shop selectively.

Is the 2024 Ford Explorer reliable?

The 2024 Ford Explorer is described as better in reliability than its predecessors, and it keeps the same broad appeal of a practical three-row SUV with a more polished driving character. It also benefits from a mature platform and a familiar set of powertrains, which can help make ownership feel more predictable.

For used buyers, the main long-term risk is that some desirable features are reserved for higher trims, so you may need to balance equipment against the condition and maintenance history of the specific vehicle you choose.

Is now a good time to buy a used 2024 Ford Explorer?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient and compare listings carefully.

• Deal availability: 37.5% of listings are priced as good or great deals.
• Inventory: There are 403 listings available.
• Price trend: Prices have softened 17.29% compared with last year.

If you find a listing below $43,111 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Ford Explorer's resale value?

The current average of $43,111 CAD sits slightly below last year's $52,123 CAD.

That price movement suggests the market has already adjusted downward, which can help you buy at a more favourable point in the cycle. If you plan to sell later, the Explorer’s current pricing gives you a clearer benchmark for setting expectations, but it also means future resale will depend heavily on trim, mileage, and condition. A well-kept example should still be easier to position if it has the right equipment and a clean history.

Should I buy a 2024 Ford Explorer or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 37.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 17.29% compared with last year.

Consider the 2025 if:

• At $52,425 CAD, the 2025 costs more than the current year's $43,111 CAD average.
• It adds updated infotainment and safety tech.

The bottom line: The 2024 is the better value if you want a lower entry price and are comfortable shopping the used market carefully. If you want the newer-feeling cabin and updated technology, the 2025 is the stronger upgrade, but price-sensitive buyers should start with the 2024 first.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.