EXPLORER
What a Ford Explorer is worth

A 2027 Ford Explorer averages $49,085 today, with most selling between $1,162 and $62,185. ForCar prices the Ford Explorer from real US listings across 35 model years ($1,795–$49,085) — trade-in, private-party and dealer, adjusted for mileage. Free, no signup.

35
Years priced
$49,085
2027 avg
2,567
Listings
3
Prices each
Daily
Refreshed
What the numbers say

A 2022 Ford Explorer still asks 51% of what a 2027 one does — that's how much value it holds after 5 years. Among 10 suvs we price, that ranks #5, above the 50% class median. The steepest single-year drop comes at year 6 (−21%), after which losses ease to about 10.6% a year. Mileage costs it 55%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 2,567 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
2027$1,162$49,085$62,1859
2026$37,798$46,148$56,66646
2025$27,995$38,888$49,99934
2024$24,491$37,075$42,90038
2023$20,900$29,974$39,99974
2022$17,800$25,000$32,70091
2021$11,970$19,750$30,200117
2020$11,500$18,950$28,950203
2019$8,970$15,980$20,95093
2018$6,995$12,950$17,998209
2017$6,900$12,500$17,995318
2016$6,500$10,995$13,999260
2015$4,500$7,044$11,900228
2014$3,900$7,400$11,245173
2013$3,900$5,500$8,995178
2012$3,700$5,999$9,99543
2011$1,600$6,000$8,99533
2010$2,500$4,400$8,99938
2009$2,500$5,600$12,99517
2008$1,799$4,799$9,99535
2007$2,000$3,750$8,99048
2006$2,300$4,300$5,99056
2005$1,995$2,650$5,00043
2004$1,800$3,500$5,99942
2003$1,900$5,400$7,99932
2002$1,500$4,499$7,99736
2001$1,500$1,999$4,20012
2000$1,500$3,795$6,9007
1999$2,050$2,450$3,99510
1998$2,200$3,250$3,9954
1997$1,000$2,000$3,8009
1996$1,495$3,000$6,99511
1995$1,400$2,500$3,2505
1994$1,100$1,795$2,00011
1993$2,500$2,500$3,0004
ROWS 35·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
2027202320192015201120072003199919951993$49,085$25,000$12,500$5,999$3,750$4,499$2,000$2,500
RANGE $49,085 → $2,500·SOURCE ForCar · Ford Explorer

The newest Ford Explorer averages $49,085; a 34-year-older one runs about $2,500 — roughly 95% lost over 34 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 2027 price a 2022 car still asks. Higher is better — the Ford Explorer sits at #5 of 10, against a class median of 50%.

FIG.03·Ford Explorer vs SUVs — Value Retention
01
Expedition MAX2171%
02
HR-V68%
03
Range Rover Sport65%
04
Wrangler52%
05
Explorer51%
06
Equinox49%
07
QX6046%
08
Range Rover40%
09
Expedition36%
10
Traverse31%
TOP 10·UNIT % of 2027 price retained·SOURCE ForCar · 2,567 listings

The Ford Explorer market right now

What the market asks for a Ford Explorer at each model year — the median of 6,883 real listings we track. Pro plots every individual listing on this chart.

FIG.04·Ford Explorer Market — Asking Price Range by Year
1993199720012005200920132017202120252027$2,500$3,250$5,400$4,799$5,500$12,950$29,974$49,085
RANGE $2,500 → $49,085·SOURCE ForCar · 6,883 listings
This is the median line. Pro plots all 6,883 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 55% of its under-40k price:

FIG.05·Ford Explorer — Price by Mileage Band
01
Under 40k miles382 listings$35,869
02
40k–100k759 listings$22,999
03
100k–150k406 listings$15,995
04
Over 150k56 listings$9,850
TOP 4·UNIT median asking price·SOURCE ForCar · 1,603 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
$49k
Dealer / high
$62k
FIG.06·Ford Explorer — Trade-in vs Private-Party vs Dealer
01
Trade-in — a dealer pays you10th percentile$1,162
02
Private-party — you sell itmedian · typical price$49,085
03
Dealer retail — a lot charges90th percentile$62,185
TOP 3·UNIT $ · 2027 Ford Explorer·SOURCE ForCar · 9 listings

For a 2027 Ford Explorer: a dealer trade-in offer is around $1,162, selling private-party nets about $49,085, and a lot asks near $62,185 — a $61,023 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 2027 Ford Explorer averages $49,085 today (roughly $1,162–$62,185). 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 Sep 2026. — ForCar Reviewed by , 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 →