New Ford Explorer for Sale nearHeadingley, MB

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 $32,368 CAD, and its lowest point over the past year was $32,159 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, and cargo room, and many also highlight its strong performance and family-friendly versatility. Across the model years, the Explorer also earns repeat praise for its high-tech features and practical everyday usability.

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

The main trade-offs are that some recent versions can get expensive with options, and a few model years place desirable features higher up the trim ladder. Fuel economy also comes up often in owner feedback, especially on versions with stronger powertrains.

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 strong performance as its biggest strengths. The model also earns repeated praise for its practicality and family-friendly versatility, which helps explain why it remains a popular used SUV.

• 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 model year, so it pays to focus on the better-reviewed generations 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 the 2026 Active, with adaptive cruise control, lane centring, blind-spot monitoring 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, with the CoPilot 360+ suite, a 13.2-inch touchscreen, a 12.3-inch digital instrument cluster, wireless Apple CarPlay and Android Auto, and a six-speaker audio system. It suits buyers who want the core Explorer experience and the best value.
• ST-Line: Adds a more road-focused look with blacked-out exterior trim and bigger wheels on lower-profile tires, plus the upgraded B&O audio system.
• Tremor: The off-road-focused choice, with all-terrain tires, a raised ride height, off-road lights in the grille, 22 centimetres of ground clearance, a Torsen limited-slip rear differential, an off-road drive mode, and steel skid plates.
• Platinum: The most luxurious trim, with leather upholstery and the most upscale cabin presentation.
• ST: The performance-oriented trim, with the twin-turbo 3.0-litre V6, sport-tuned suspension, and beefier brakes.

What Ford Explorer do most buyers choose?

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

These higher-volume years tend to be popular because they offer a strong mix of availability, newer features, and pricing that still sits below the newest model years. More listings also give you more choice in trim, colour, and equipment.

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 are also seeing sizeable drops, so recent Explorers can be especially appealing if you want modern features without paying new-vehicle pricing. The smallest changes belong to the oldest entries in the table, which suggests those years have been moving more gradually.

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 Active includes the CoPilot 360+ suite with adaptive cruise control, lane centring, blind-spot monitoring 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.

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 −12.08% versus a year ago, and the 2024 model is at −14.25%.
• Deal availability: The 2025 model has 31.3% good and great deals, and the 2024 model has 34.1%.
• Sweet-spot year: The 2021 model has the most listings at a current average price of $28,611 CAD. The Ford Explorer offers a spacious, family-friendly cabin with broad versatility across its model years.

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 2021 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 4, 2026, CarGurus experts' opinions, and generative AI.