Used Ford Explorer for Sale near Monteith, ON

How much does the Ford Explorer cost in today's market?

Used Ford Explorer prices span a wide range depending on model year. Here's what the market looks like right now:

The Ford Explorer's current nationwide average price is $32,426 CAD, and its lowest point over the past year was $32,191 CAD. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Ford Explorer a good car?

Yes — the Ford Explorer is a strong used pick if you want a spacious, comfortable, and versatile three-row SUV with broad appeal across generations. The all-generations owner rating is 4.4/5 across every model year in the data.

Owners consistently praise the Explorer for its roomy cabin, comfort, cargo space, and family-friendly versatility. Many also highlight its strong performance and useful technology, especially in newer model years.

Expert reviews rate the 2025 and 2026 models among the highest across all years.

The main trade-offs in recent expert reviews centre on styling that can feel plain, interiors that do not always match the price, and option-heavy builds that can climb quickly.

30.4% of listings are priced as good or great deals.

Are Ford Explorer models reliable?

Owners consistently praise the Ford Explorer for its spacious interior, comfort, and strong performance across model years. The owner feedback also points to a vehicle that works well for families and buyers who want versatility, with many drivers appreciating its cargo room and available features.

• Owners rate the Ford Explorer between 3 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk varies by generation, so it makes sense to focus on the better-regarded model years and inspect maintenance history carefully.

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

Key things to evaluate:

• Safety package: CoPilot 360+ on Active models, with adaptive cruise control, lane centring, blind-spot monitor with trailer coverage and safe exit assist, rear cross-traffic alert, lane keep assist, forward collision warning, automatic emergency braking, rear parking sensors, rear cross traffic braking, post-collision braking, and traffic sign recognition.
• Infotainment: A 13.2-inch touchscreen and 12.3-inch digital instrument cluster with wireless Apple CarPlay and Android Auto, Google Maps, Google Play Store, and SiriusXM with 360L satellite radio.
• Fuel efficiency: The turbo-four engine returns a Natural Resources Canada-rated 10.4 litres per 100 kilometres combined (11.9 city; 8.7 highway. V6 models are rated at 11.6 L/100 km combined (13.3 city; 9.6 highway).

Which Ford Explorer trim should I buy?

The 2026 Ford Explorer offers these trims:

• Active: The base model brings the CoPilot 360+ suite, a 13.2-inch touchscreen, a 12.3-inch digital instrument cluster, wireless Apple CarPlay and Android Auto, and the standard 2.3-litre turbocharged four-cylinder. It is the best-value starting point if you want the core Explorer experience with strong equipment.
• ST-Line: This trim adds a more road-focused appearance and starts at $59,995, making it a good fit if you want a sportier look with a richer feature set.
• Platinum: The most luxurious trim adds leather upholstery and starts at $65,145, suiting buyers who want the most upscale Explorer cabin.
• ST: This trim adds the twin-turbo 3.0-litre V6, sport-tuned suspension, and beefier brakes, and it starts at $73,195 for buyers who want the strongest performance.
• Tremor: The off-road-focused Tremor adds all-terrain tires, a raised ride height, off-road lights in the grille, a Torsen limited-slip rear differential, an off-road drive mode, and steel skid plates. It starts at $61,995 and suits buyers who want the most rugged Explorer.

What Ford Explorer do most buyers choose?

The Ford Explorer years with the most listings are 2022, 2021, and 2023.

Those higher-volume years tend to attract more shoppers because they offer a strong mix of availability, newer features, and a wide spread of prices. More listings also give you a better chance of finding the right trim, colour, and equipment combination.

What is the Ford Explorer's resale value?

Most Ford Explorer model years have seen meaningful year-over-year price declines, which can work in your favour if you are shopping used. The largest drops are concentrated in the newer and mid-cycle years, while a few older model years have moved down more slowly.

The 2016, 2014, and 2025 model years have held their value best, with the smallest year-over-year price changes.

Is the Ford Explorer safe?

• 2026: 10/10
• 2025: 9/10
• 2022: 10/10
• 2020: 8/10

The 2026 Ford Explorer includes the CoPilot 360+ suite on Active models, with adaptive cruise control, lane centring, blind-spot monitoring, rear cross-traffic alert, lane keep assist, forward collision warning, automatic emergency braking, and more.

For the safest used buy, the 2022 and 2026 models both post the highest confirmed score of 10/10.

Should I buy a used Ford Explorer now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −11.8% versus a year ago, and the 2024 model is at −13.11%.
• Deal availability: The 2025 model has 33.5% good and great deals, and the 2024 model has 37.9%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $34,583 CAD. The Ford Explorer offers a spacious cabin and family-friendly versatility that make it easy to live with every day.

Consider waiting if:

• Powertrain/efficiency: The standard 2.3-litre turbocharged four-cylinder engine produces 300 horsepower and 310 pound-feet of torque, while the twin-turbo 3.0-litre V6 produces 400 hp and 415 lb-ft of torque.
• Tech: A 13.2-inch touchscreen and 12.3-inch digital instrument cluster are standard on all models, along with wireless Apple CarPlay and Android Auto connectivity, Google Maps, Google Play Store, and SiriusXM with 360L satellite radio.
• Safety: Ford’s BlueCruise hands-free highway driving system is upgraded from version 1.2 to version 1.5, adding automated lane change capability.
• Starting price: Pricing starts at $54,495 for the most basic Active 100A spec.

If you're buying used today, the 2022 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2021 Ford Explorer compare to the 2021 Chevrolet Traverse?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.