New Ford Explorer for Sale nearShefford, QC

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 $32,470 CAD, and its lowest point over the past year was $32,181 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 roomy 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 interior, comfort, and practical family-friendly layout. They also frequently highlight its strong performance, useful cargo space, and available technology.

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

The main trade-offs are that some years place more emphasis on styling and equipment than cabin polish, and fuel economy can be a concern depending on the powertrain and model year. Recent expert reviews also point to pricing that can climb quickly with options.

30.9% of listings are priced as good or great deals.

Are Ford Explorer models reliable?

Owners consistently describe the Ford Explorer as comfortable, practical, and versatile, with strong everyday usability across model years. Expert reviews also repeatedly point to its spacious cabin, broad equipment list, and family-friendly character.

• 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-maintained example with a clear service history, since some model years show more mixed reliability than others.

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 includes the standard 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 the CoPilot 360+ safety suite; it suits buyers who want the core Explorer experience at the lowest entry point.
• ST-Line: This trim adds a more road-focused appearance and a higher equipment level than Active, making it a good fit if you want a sportier look with extra features.
• Tremor: The off-road-focused choice adds all-terrain tires, a raised ride height, off-road lights, a Torsen limited-slip rear differential, an off-road drive mode, and steel skid plates.
• Platinum: The most luxurious trim adds leather upholstery and the richest feature set in the lineup for buyers who want the most upscale Explorer.
• ST: The performance-oriented trim adds the twin-turbo 3.0-litre V6, sport-tuned suspension, and beefier brakes for buyers who want the strongest on-road performance.

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 be the most popular used picks because they give you more inventory to compare, which can make it easier to find the right trim, colour, and price. They also often sit in the sweet spot between newer features and more accessible pricing.

What is the Ford Explorer's resale value?

Most model years in the table are down by double digits, which gives used buyers more room to find value. The newer years are also falling, but the size of the drops varies, with some recent models showing smaller changes than older ones.

The 2016, 2015, 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 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 −11.5% versus a year ago, and the 2024 model is at −15.15%.
• Deal availability: The 2025 model has 32.7% good and great deals, and the 2024 model has 37.8%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $35,200 CAD. The Ford Explorer offers a spacious, family-friendly cabin that makes 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: The latest model adds BlueCruise version 1.5 with 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 October 27, 2026, CarGurus experts' opinions, and generative AI.