New Ford Explorer for Sale near Town of Plympton Wyoming, 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 $32,521 CAD, and its nationwide average price reached a low of $32,217 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 a wide spread of powertrain and trim options. 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, comfortable ride, and strong performance. They also highlight its family-friendly versatility, useful cargo space, and available high-tech features. Expert reviews echo that appeal with notes about confident handling, comfortable ride quality, and broad equipment content.

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

The main trade-offs across recent expert-tested years centre on styling that can feel plain, interiors that do not always match the price, and pricing that can climb quickly with options.

29.6% of listings are priced as good or great deals.

Are Ford Explorer models reliable?

Owners and experts consistently point to the Explorer’s spacious cabin, comfortable ride, and strong everyday usefulness. Across the model years, the most common praise centres on its family-friendly practicality, available performance, and broad feature content.

• 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 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 the 2026 Active model, with adaptive cruise control, lane centring, blind-spot monitoring, 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 13.2-inch touchscreen, 12.3-inch digital instrument cluster, wireless Apple CarPlay and Android Auto, and CoPilot 360+ driver assistance; a strong starting point for shoppers who want the core Explorer experience.
• ST-Line: Adds a more road-focused appearance with blacked-out exterior trim and bigger wheels on lower-profile tires, while keeping the same core tech and family-friendly layout.
• Platinum: The most luxurious trim, with leather upholstery and the most upscale cabin presentation in the lineup.
• Tremor: The off-road-focused choice, with all-terrain tires on 18-inch wheels, 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.
• 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 years tend to be the most popular because they combine strong availability with newer features and a wide range of trims. They also give you more choice across price points, which helps when you want to compare condition, equipment, and deal quality.

What is the Ford Explorer's resale value?

Most model years in the table are down by double digits, which creates more room for used buyers to find value. The newer years also show meaningful price drops, so recent-model shoppers may find better entry points than they would have a year ago. The pattern is broadly favourable if you want a used Explorer at a lower price than before.

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, 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 −12.04% versus a year ago, and the 2024 model is at −15.4%.
• Deal availability: The 2025 model has 31.3% good and great deals, and the 2024 model has 34.4%.
• Sweet-spot year: The 2021 model has the most listings at a current average price of $29,502 CAD. The Ford Explorer offers a roomy, family-friendly cabin with strong everyday versatility.

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, and both engines come with a 10-speed automatic transmission and standard all-wheel drive (AWD) in Canada.
• 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 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 October 21, 2026, CarGurus experts' opinions, and generative AI.