New Ford Explorer for Sale nearCentreville, NB

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 $32,313 CAD, and its lowest point over the past year was $32,164 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, 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 spacious cabin, comfort, cargo room, and family-friendly versatility. They also frequently 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 bland styling, a nondescript interior, and pricing that can climb quickly with options.

29.8% of listings are priced as good or great deals.

Are Ford Explorer models reliable?

Owners and experts consistently point to the Explorer’s spacious interior, comfort, and practical versatility as recurring strengths. Across the model years in the data, you also see steady praise for strong performance and family-friendly usefulness.

• 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 is best managed by choosing a well-kept example from a later model year and reviewing its service history carefully.

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

Key things to evaluate:

• Fuel efficiency: The Explorer delivers acceptable fuel economy for a midsize SUV. 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 standard 2.3-litre turbocharged four-cylinder, a 13.2-inch touchscreen, a 12.3-inch digital instrument cluster, wireless Apple CarPlay and Android Auto, Google Maps, Google Play Store, SiriusXM with 360L, and the CoPilot 360+ safety suite; it suits buyers who want the core Explorer experience.
• ST-Line: This trim adds a more road-focused look with blacked-out exterior trim and bigger wheels on lower-profile tires, making it a good fit if you want a sportier appearance.
• Platinum: The most luxurious trim adds leather upholstery and a more upscale cabin presentation, making it the best-value choice if comfort and premium touches matter most.
• ST: This performance-oriented trim adds the twin-turbo 3.0-litre V6, sport-tuned suspension, and beefier brakes for buyers who want the quickest Explorer.
• Tremor: The off-road-focused trim 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 for 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.

These higher-volume years tend to be popular because they combine strong availability with a wide spread of prices and equipment. That gives you more choice when you want a used Explorer that fits your budget and feature priorities.

What is the Ford Explorer's resale value?

Most model years in the table are down by double digits year over year, which points to meaningful savings for used buyers. The newer models also show sizeable declines, so recent Explorer inventory can be especially appealing if you want a later-year SUV at a lower price than before. 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 CoPilot 360+ suite that’s standard on Active models includes adaptive cruise control with stop-and-go and lane centring, automatic high beams, a blind-spot monitor with trailer coverage and safe exit assist, rear cross-traffic alert, lane departure warning, lane keep assist, forward collision warning, automatic emergency braking, rear parking sensors, rear cross traffic braking, post-collision braking, and traffic sign recognition.

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 −12.0% versus a year ago, and the 2024 model is at −14.47%.
• Deal availability: The 2025 model has 29.1% good and great deals, and the 2024 model has 34.2%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $34,809 CAD. The Ford Explorer offers a spacious, family-friendly cabin that makes it easy to live with day to 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 CAD 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 3, 2026, CarGurus experts' opinions, and generative AI.