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Ford

Ford - Explorer (2008)

Discover the true value of the Ford Explorer – whether you’re looking for the Ford Explorer 2008 price or the current Ford Explorer price for a newer model, this guide offers a comprehensive snapshot of what you can expect. We cover everything from engine specs to depreciation trends, giving you the data you need to make an informed decision on any Ford Explorer you’re eyeing in the market.

  • Vehicle: Ford Explorer (2019‑2024 models)
  • Engine Options: 3.5L V6 (290 hp), 3.3L EcoBoost V6 (375 hp), 5.0L V8 (400 hp)
  • Transmission: 10‑Speed Automatic (or 9‑Speed, depending on trim)
  • Fuel Type: Gasoline (standard), Diesel (available on select older models)
  • Drive Configuration: Front‑Wheel Drive (FWD) or All‑Wheel Drive (AWD)
  • Dimensions (2024 FWD 4‑Door): Length – 192.9 in, Width – 78 in, Height – 67.8 in, Wheelbase – 112.3 in
  • Seating Capacity: 7 (optional 2‑row only)
  • Cargo Volume: 18.5 cu ft (with seats up), 40.7 cu ft (with seats folded)
  • Infotainment: 9‑inch or 10‑inch touchscreen, Android Auto, Apple CarPlay, 12‑speaker Bose (optional)
  • Safety Highlights: Advanced Driver Assist Package (auto lane‑keep, collision mitigation), Pro Trailer Hitch Assist, Hill‑Start Assist

Depreciation Insight

Understanding the Ford Explorer depreciation curve is key for any buyer. Historically, SUVs tend to hold their value better than many passenger cars, but the Explorer is no exception. For a clean, well‑maintained vehicle, you can expect:

  • First year loss: 15‑20% of the original MSRP
  • Second year total loss: 25‑30% from the original MSRP
  • By year three, a resale value typically around 55‑65% of the original price, assuming moderate mileage (around 30,000 miles) and minimal wear.
  • After five years, depreciation trends level off, with most Explorers retaining between 45‑50% of the original value.

These percentages vary by trim level, mileage, and market demand but provide a realistic framework for forecasting resale or trade‑in values.

Market Position

The Ford Explorer remains one of the most popular midsize crossovers in North America. Its blend of rugged capability, spaciousness, and modern tech makes it a go‑to choice for: