New Ford Explorer for Sale near River Drive Park, 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 $32,324 CAD, and its nationwide average price reached a low of $32,247 CAD over the past year. 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 SUV choice if you want space, comfort, and broad capability across many model years. The all-generations owner rating is 4.35/5 across every model year in the data.

Owners consistently praise the Explorer for its spacious interior, comfortable ride, and strong performance. They also frequently highlight its practical cargo space and family-friendly versatility, along with the appeal of its available powertrains and technology.

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.

30.3% of listings are priced as good or great deals.

Are Ford Explorer models reliable?

Owners and experts consistently point to the Explorer’s comfort, practicality, and strong performance as recurring strengths. Across the model years in the data, you also see repeated praise for its spacious cabin and useful family-friendly layout.

• Owners rate the Ford Explorer between 3.0 and 5.0 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-maintained example and checking service history carefully, especially on higher-mileage vehicles.

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 connectivity, 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 entry trim brings the 2.3-litre turbocharged four-cylinder, the 13.2-inch touchscreen, the 12.3-inch digital instrument cluster, wireless Apple CarPlay and Android Auto, and CoPilot 360+ safety tech. It suits you if you want the most affordable way into the lineup.
• ST-Line: This trim adds a more road-focused appearance with blacked-out exterior trim and bigger wheels on lower-profile tires, while keeping the Explorer’s core family-friendly equipment. It suits you if you want a sportier look without moving to the performance model.
• Tremor: The Tremor adds 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. It is the best-value trim if you want the Explorer’s most distinctive off-road hardware.
• Platinum: The Platinum adds the most luxurious presentation in the lineup, including leather upholstery and a more upscale cabin treatment. It suits you if comfort and premium features matter most.
• ST: The ST adds the twin-turbo 3.0-litre V6, sport-tuned suspension, and beefier brakes. It suits you if you want the strongest performance in the range.

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 give you more inventory to compare, which can make it easier to find the right trim, mileage, and price. They also sit in the part of the lineup where you still get modern features and broad availability without moving all the way to the newest pricing.

What is the Ford Explorer's resale value?

Most model years in the Explorer lineup are showing double-digit year-over-year price declines, which is good news if you are shopping used. The pattern suggests that buyers have more room to find value across a wide spread of years, especially in the recent-model range.

The 2014, 2016, 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 most of the driver-assist features you’d expect on a new car.

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 −11.99% versus a year ago, and the 2024 model is at −17.72%.
• Deal availability: The 2024 model has 33.6% good and great deals.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $35,902 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 brought its BlueCruise hands-free highway driving system to the Explorer for the 2025 model year, and for 2026 it’s upgraded from version 1.2 to version 1.5, adding automated lane change capability.
• Starting price: Pricing starts at $54,495.

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.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.