New & Used 2027 Ford Explorer for Sale nearWaterloo, ON

2027 Ford Explorer Pricing Analysis: Waterloo, ON Market Report

Pricing in Nearby Cities

Market Area: Waterloo, ON

Key Insights

• Highest-Price Market: The Cambridge, ON market leads with an average price of $65,795 CAD, indicating a premium positioning in the region.
• Best Value: All nearby cities, including Kitchener, ON, Brantford, ON, and Woodstock, ON, share the same average price of $65,795 CAD, suggesting a stable pricing environment across these markets.
• Inventory Drives Stability: The Cambridge, ON area has the most listings at 65, reflecting strong demand and consistent availability.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Volume Leader: The ST AWD trim has the highest inventory with 90 listings, indicating 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 is $55,875 CAD.
• Drivetrain Effect: All trims feature an AWD drivetrain, which may contribute to their popularity in the Canadian market, particularly in regions with challenging weather conditions.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• New-Car Premium: The 2027 model year commands an average price of $65,795 CAD, reflecting a 70.1% premium over its starting MSRP of $38,680 CAD.
• Depreciation Curve: The 2017 model year exhibits the steepest depreciation at -57.6%, highlighting the rapid value loss typical for older vehicles.
• Best Value Sweet Spot: The 2024 model year shows the best value with an average price of $38,561 CAD, only slightly above its starting MSRP of $36,860 CAD, indicating a minimal depreciation of 4.6%.

Model Year Pricing

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