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Ford

Ford - Explorer (2021)

The Ford Explorer remains one of the most recognizable midsize SUVs on the road, celebrated for its blend of family‑ready spaciousness and off‑road prowess. If you’ve been researching the Ford Explorer price and the Ford Explorer 2021 price, you’ll find that the model’s appeal persists across both new and used markets. Whether you’re looking for the latest 2021 trim or scouting a pre‑owned vehicle, this overview offers insight into what’s driving pricing trends and how the Explorer holds up over time.

Below is a concise HTML list of the key specs that typically influence the Ford Explorer price and the overall value proposition for prospective buyers.

  • Engine: 3.5L V6 EcoBoost
  • Transmission: 10‑speed automatic
  • Drivetrain: All‑Wheel Drive or Front‑Wheel Drive, depending on trim
  • Fuel Type: Gasoline
  • Fuel Economy: Avg. 17/24 mpg city/highway (depends on trim)
  • Dimensions: Approx. 192″ L x 78″ W x 68″ H
  • Wheelbase: 111.2″
  • Seating Capacity: 5‑7 (depending on configuration)
  • Cargo Volume: 15.5‑69.8 cubic feet (behind third‑row passengers)
  • Key Features: Adaptive cruise control, Apple CarPlay/Android Auto, third‑row seats, leather upholstery in higher trims

Understanding the Ford Explorer depreciation curve can help you gauge the real cost of ownership and whether an older model is a smart purchase. Generally, a 2021 Ford Explorer starts its depreciation journey from the moment it hits the lot:

  • First Year: Typically loses 15‑20% of its value.
  • Year 2–3: Depreciation slows to around 10‑12% per year.
  • Year 4–5: Steady decline at roughly 8‑9% per year.
  • Beyond 5 Years: Average loss of about 50% of original new vehicle price.

These estimates are averages and can vary based on market conditions, vehicle condition, mileage, and optional features. A 2021 model in excellent condition with low mileage still retains more resale value than a heavily driven counterpart.

When setting a budget for a Ford Explorer, many buyers compare the used Ford Explorer price to similar midsize SUVs. Here’s a quick snapshot that helps position the Explorer in a competitive landscape: