Used Ford Explorer Prices — What Moves the Number

Quick answer

For the same model year, dealers ask 16 points more than private sellers; VA is the cheapest state at -20% and WA the priciest at +16%; a rear-wheel drive Explorer asks +18% against the median of its model year.

Ford Explorer price by model year

FIG.01·Ford Explorer prices by model year
Year	Typical price	Spread	Listings
2027	$53,993	—	9
2026	$46,148	—	24
2025	$34,900	—	23
2024	$34,990	—	14
2023	$26,995	1.9×	38
2022	$25,900	1.8×	54
2021	$21,735	2×	49
2020	$18,999	2.2×	95
2019	$12,999	2.5×	52
2018	$13,901	2.4×	123
2017	$11,980	2.5×	166
2016	$10,189	2.3×	141
2015	$7,979	2.4×	118
2014	$6,900	2.5×	105
2013	$6,694	2.9×	107
2012	$6,800	2.7×	36
2011	$6,395	—	21
2010	$4,950	—	29
2009	$4,250	—	13
2008	$3,950	2.8×	34
2007	$2,950	2.3×	31
2006	$3,200	4×	30
2005	$2,500	—	21
2004	$2,600	—	18
2003	$3,450	—	18
2002	$2,695	3.2×	35
2001	$1,995	—	9
2000	$4,000	—	7
1999	$2,050	—	6
1998	$3,250	—	7
1997	$2,600	—	6
1996	$1,500	—	7
1994	$2,000	—	6
1993	$3,000	—	6

ROWS 34·SOURCE Live classified listings

For the 2023 model year, the Ford Explorer has a median asking price of $26,995; the Toyota Highlander asks $30,988 and the Jeep Grand Cherokee $27,988. It is the cheapest of the three, 13% below the priciest.

Dealer or private seller

On the Ford Explorer the dealer markup works out at 16% over a private sale of the same year.

FIG.02·Ford Explorer — dealer versus private
Seller	Listings	vs median year	Average asked
Dealer	2,483	+8.1%	$15,076
Private seller	1,534	-7.5%	$7,235

ROWS 2·SOURCE Live listings, normalized per model year

What a branded title costs

FIG.03·Ford Explorer — price by title status
Title	Listings	vs median year	Average asked
Clean title	3,633	+2.7%	$11,763
Rebuilt	149	-2.5%	$14,268

ROWS 2·SOURCE Live listings, normalized per model year

Branded titles are harder to insure, finance and resell, so check the exact car first: run its VIN against the records.

How fast price falls with mileage

Measured on the 2017 Explorer, the model year with the most listings, so age does not mix in. Between the 50–75k and 175–200k bands the asking price falls 49%.

FIG.04·Ford Explorer — price by mileage
Mileage	Price drop	Listings
50–75k miles	baseline	45
75–100k miles	−8%	98
100–125k miles	−19%	94
125–150k miles	−33%	100
150–175k miles	−48%	46
175–200k miles	−49%	26

ROWS 6·SOURCE Live listings, 2017 model year only

Which options hold value

The single biggest swing on a Ford Explorer is drivetrain: RWD asks +18% against the median of its own model year.

FIG.05·Ford Explorer — what options are worth
Item	Option	Listings	vs median year
Drivetrain	Rear-wheel drive	241	+18.4%
Drivetrain	Four-wheel drive	2,391	+6.2%
Drivetrain	Front-wheel drive	540	-2.9%

ROWS 3·SOURCE Live listings, normalized per model year

Where it's cheaper

States where the Ford Explorer asks least and most, measured against the national median for each model year. Most expensive is WA at +16%, cheapest VA at -20% — 36 points apart, which on a $8,995 car is roughly $3,193.

FIG.06·Ford Explorer — cheapest and priciest states
State	Listings	vs national median
VA	93	-19.8%
FL	346	-14.2%
OH	112	-14.0%
NC	109	-6.7%
WI	195	-5.2%
NY	107	+6.8%
NV	115	+11.1%
OR	295	+12.7%
CO	207	+14.7%
WA	266	+15.7%

ROWS 10·SOURCE Live listings, normalized per model year

Upgrade to Pro

Asking prices are the market. What is that car worth?

Exact value for one VIN, adjusted for its mileage
Live listings with prices, not just percentiles
Price-drop alerts on the model you are watching
Full research report as a PDF you can hand to a mechanic
No ads, on every page
No ads, no tracking — and much more

See plans → Start free →

Free plan available — no credit card needed

Everything on the Ford Explorer

Recalls390 campaigns Fuel economy28 mpg best Reliability4.0/5 Common problems37,525 complaints Check a VINAgainst this exact build DimensionsSize, weight, generations What yours is worthValue by year & mileage Insurance costEstimated per year Window stickerOriginal Monroney label Decode a VINWhat each character means About this car1991–2026

Frequently asked questions

How much does a used Ford Explorer cost?

The median asking price is $8,995 across 4,649 live listings. A 1993 asks about $3,000 and a 2027 about $53,993. The most listed year is 2017, at $11,980.

Is a used Explorer cheaper than a Toyota Highlander?

Yes. For the 2023 model year the Explorer has a median asking price of $26,995 and the Toyota Highlander $30,988, so the Explorer asks 13% less.

Is it cheaper to buy a Explorer from a private seller?

Yes. Against the median for the same model year, dealers ask 8.1% above and private sellers 7.5% below, a gap of about $4,211 on a 2023 at $26,995.

How much value does a Explorer lose per 25,000 miles?

About 12% of the asking price for every 25,000 miles on the 2017 Explorer, measured from the 50–75k band to the 175–200k band. To price one car by its year and mileage, use the Ford Explorer valuation tool.

How much less is a rebuilt-title Explorer worth?

Hardly at all: in 149 listings, rebuilt-title cars ask within 3% of the median for their model year.

Where is the cheapest place to buy a Explorer?

Of the states with enough listings, VA asks least at -19.8% against the national median, and WA most at +15.7%. On the typical $8,995 Explorer that spread is about $3,193.

Why do Explorer prices for the same year vary so much?

Among 30 listings of the 2006 Explorer, the priciest tenth asks 4× what the cheapest tenth does: $5,995 against $1,495.

Asking prices from live classified listings, normalized against the median for each model year. Slices below a minimum listing count are omitted. Asking prices exceed transaction prices (how we count). Last updated Nov 2026. — ForCar Reviewed by Denis Kataev, founder of ForCar.

Found this useful?

Mark ForCar as a preferred source and our data shows up first in your Google results. One click, no account.

Prefer ForCar →

What a used Ford Explorer costs