EXPLORER
What a Ford Explorer is worth

A 2026 Ford Explorer averages $44,750 today, with most selling between $1,137 and $50,000. ForCar prices the Ford Explorer from real US listings across 33 model years ($1,795–$44,750) — trade-in, private-party and dealer, adjusted for mileage. Free, no signup.

33
Years priced
$44,750
2026 avg
2,479
Listings
3
Prices each
Daily
Refreshed
What the numbers say

A 2021 Ford Explorer still asks 45% of what a 2026 one does — that's how much value it holds after 5 years. Among 68 suvs we price, that ranks #39, below the 48% class median. The steepest single-year drop comes at year 5 (−22.8%), after which losses ease to about 13.5% a year. Mileage costs it 56%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 2,479 listings.

Ford Explorer value by year

What a Ford Explorer is worth at each model year, from real US listings — the low (trade-in), median (private-party) and high (dealer) price.

FIG.01·Ford Explorer Value by Year
YearTrade-inMedianDealerListings
2026$1,137$44,750$50,00050
2025$27,900$36,995$46,28331
2024$24,991$33,995$42,90028
2023$19,000$28,400$41,49975
2022$19,900$25,900$35,58277
2021$12,500$19,997$29,555105
2020$11,791$18,990$28,594178
2019$6,990$14,995$18,99575
2018$8,495$13,900$18,995190
2017$3,100$10,995$16,495254
2016$5,999$11,500$14,995308
2015$4,200$7,500$11,900253
2014$4,950$6,999$10,675190
2013$4,000$5,980$9,495167
2012$3,500$5,500$7,80066
2011$2,990$5,900$9,59941
2010$2,500$5,800$8,99944
2009$2,998$5,500$12,99517
2008$1,990$4,799$8,99047
2007$1,850$2,900$7,90025
2006$1,600$4,000$6,49837
2005$1,600$5,495$5,99545
2004$1,500$3,000$6,99750
2003$1,999$3,750$7,99940
2002$1,350$3,500$7,99729
2001$1,700$2,500$5,8007
2000$2,000$2,500$3,79511
1999$1,200$2,450$4,99515
1998$1,200$3,499$4,0007
1997$2,995$2,995$5,9993
1996$2,995$4,500$6,9953
1995$1,400$2,500$3,2505
1994$1,100$1,795$2,0006
ROWS 33·SOURCE ForCar · Ford Explorer

How the Ford Explorer depreciates

Median market price by model year — how a Ford Explorer loses (or holds) value as it ages, from real listings. See how it tracks against the typical depreciation curve by age:

FIG.02·Ford Explorer Depreciation Curve — Median Value by Year
202620222018201420102006200219981994$44,750$19,997$11,500$5,900$4,000$2,500$4,500$1,795
RANGE $44,750 → $1,795·SOURCE ForCar · Ford Explorer

The newest Ford Explorer averages $44,750; a 32-year-older one runs about $1,795 — roughly 96% lost over 32 years. The steepest drop is usually in the first few years.

Does the Ford Explorer hold value better than its rivals?

Every suv we price, ranked by how much of its 2026 price a 2021 car still asks. Higher is better — the Ford Explorer sits at #39 of 68, against a class median of 48%.

FIG.03·Ford Explorer vs SUVs — Value Retention
01
Land Cruiser103%
02
Outback85%
03
Durango84%
04
CX-3079%
05
Encore GX79%
06
Crosstrek72%
07
Bronco69%
08
CR-V68%
09
Highlander65%
10
Rogue65%
11
HR-V65%
12
Tucson64%
TOP 12·UNIT % of 2026 price retained·SOURCE ForCar · 2,479 listings

The Ford Explorer market right now

What the market asks for a Ford Explorer at each model year — the median of 4,015 real listings we track. Pro plots every individual listing on this chart.

FIG.04·Ford Explorer Market — Asking Price Range by Year
199419982002200620102014201820222026$1,795$2,450$3,000$5,500$6,999$14,995$33,995$44,750
RANGE $1,795 → $44,750·SOURCE ForCar · 4,015 listings
This is the median line. Pro plots all 4,015 Ford Explorer listings on this chart and flags every under-market deal.Upgrade to Pro →

Adjust your Ford Explorer value for mileage

Pick a model year and enter your odometer — see what your exact Ford Explorer is worth on today's market.

And here's what the market actually asks at each odometer band — crossing 100k costs a Ford Explorer about 56% of its under-40k price:

FIG.05·Ford Explorer — Price by Mileage Band
01
Under 40k miles225 listings$33,995
02
40k–100k506 listings$21,995
03
100k–150k368 listings$14,899
04
Over 150k76 listings$10,885
TOP 4·UNIT median asking price·SOURCE ForCar · 1,175 listings

Trade-in, private-party & dealer price

Every Ford Explorer has three prices. Our low–median–high range maps to what a dealer pays you, what you'd get selling it yourself, and what a lot charges — compare with current used-market prices across all models.

Trade-in / low
$1k
Private-party
$45k
Dealer / high
$50k
FIG.06·Ford Explorer — Trade-in vs Private-Party vs Dealer
01
Trade-in — a dealer pays you10th percentile$1,137
02
Private-party — you sell itmedian · typical price$44,750
03
Dealer retail — a lot charges90th percentile$50,000
TOP 3·UNIT $ · 2026 Ford Explorer·SOURCE ForCar · 50 listings

For a 2026 Ford Explorer: a dealer trade-in offer is around $1,137, selling private-party nets about $44,750, and a lot asks near $50,000 — a $48,863 spread on the same car.

Upgrade to Pro

Stop guessing at a price range.

  • The exact number, not a $4,000 spread
  • Market chart: where this model's price is heading
  • Price-drop alerts when the model you want gets cheaper
  • Full research report as a PDF
  • No ads, no tracking — and much more
Free plan available — no credit card needed

Get an exact Ford Explorer value by VIN

Trim, engine and options move the value. Decode your Ford Explorer's VIN free to pin the exact build, then check its market value.

Decode my VIN free →

More on the Ford Explorer

Ford Explorer value FAQ

How much is a Ford Explorer worth?

A 2026 Ford Explorer averages $44,750 today (roughly $1,137–$50,000). Value depends on the year and mileage — see the table above for every model year, or add your mileage for an exact number.

Does mileage change the Ford Explorer value?

Yes — higher mileage lowers value. Enter your odometer reading in the mileage tool above to adjust the estimate from the model-year average.

Is the Ford Explorer value free?

Yes, every estimate is free with no signup, from real US market listings.

How is this calculated?

ForCar aggregates real asking prices for the Ford Explorer from current US listings into the low (10th percentile), median and high (90th percentile) price per model year.

Which Ford Explorer year is the best value?

See the value-by-year table and depreciation above — older years cost less but the newest years hold value best. The sweet spot is usually a few years old, where the steepest depreciation has already happened.

Is this a free Ford Explorer Blue Book alternative?

Yes. ForCar is a free, no-signup alternative to Kelley Blue Book and NADA — instead of a private formula, you see what Ford Explorers are actually listed for right now, by year and mileage.

Ford Explorer values from real US market listings, aggregated per model year. For exact specs decode your VIN. Last updated Aug 2026. — ForCar Reviewed by , founder of ForCar.