New & Used 2027 Ford Explorer for Sale nearNew Waterford, NS

2027 Ford Explorer Pricing Analysis

Pricing by Popular Canadian Cities

Market Area: Nationwide

Key Insights

• Highest-Price Market: The Ottawa, ON market leads with an average price of $79,736 CAD, indicating a premium demand in the capital region.
• Best Value: The London, ON market offers the lowest average price at $65,795 CAD, presenting a more affordable option for shoppers.
• Inventory Drives Stability: With 42 listings, London, ON has the highest inventory, suggesting a stable supply that may help maintain competitive pricing.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Volume Leader: The ST AWD trim dominates with 263 listings, reflecting strong consumer preference for this configuration.
• Premium Spread: The Platinum AWD trim, priced at $52,875 CAD, offers a significant value proposition compared to the ST AWD trim, which has a higher MSRP of $55,875 CAD.
• Drivetrain Effect: All trims feature an AWD drivetrain, indicating a consistent preference for all-wheel drive among buyers.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• New-Car Premium: The 2027 model shows a significant average price of $52,447 CAD, reflecting a 35.6% premium over its starting MSRP of $38,680 CAD.
• Depreciation Curve: The 2016 model exhibits the steepest depreciation at -59.8%, highlighting the rapid value loss typical for older vehicles.
• Best Value Sweet Spot: The 2026 model, priced at an average of $45,404 CAD, represents a strong value for buyers looking for a nearly new vehicle with only an 18.0% premium over its MSRP.

Model Year Pricing

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.