Vehicle report

2016 Ford Explorer

Fair price, market signal, reviews, and common issues — all in one place. Tuned to ZIP 43215 (from your location).

Fair price range

$12,600

$11,450 — $13,750

medium confidence

Est. out-the-door

$14,163

$12,930 — $15,397

in Ohio (7.25% tax + fees)

What's shaping this price

  • Age (10 yrs)−$26,151

    11%/yr for suv

  • Mileage (40,000)+$758

    80,000 under expected

Local market signal · 432xx

Avg days on market

57

from 58 comparable listings

30-day price trend

↓ 3.0%

cooling

Prices for this trim in 432xx are trending down — a buyer's edge right now.

Price over its life

2016 → 2026
$19k$25.3k$31.7k$38k$12.6k20162017201820192020202120222023202420252026

Anchored on the original manufacturer MSRP for this trim, curved to today's typical price via segment depreciation.

Next 5 years (forecast)

2026 → 2031
$7.7k$9.3k$11k$12.6k$6k202620272028202920302031

Projected from today's typical price using the segment's annual depreciation rate, with a small penalty for accumulated mileage. Rough forecast — actual resale value swings with the used-car market.

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Affordability72-month loan · Ohio · 1,000 mi/mo

Potential monthly cost of ownership

Loan + insurance + gas — the three big monthly line items.

Estimated monthly total

Loan + insurance + gas

$519/mo

  • Auto loan

    72 months · 10% down · 7.5% APR (national avg)

    $196/mo

  • Insurance

    Full coverage · Ohio average for SUVs

    $96/mo

  • Gas

    19 mpg combined · $4.31/gal · 1,000 mi/mo

    $227/mo

Estimated payments — actual rates depend on credit, coverage, and driving.

Long-term ownership costsDepreciation + maintenance over 5 years, assuming 12,000 mi/yr

$10,814over 5 yrs

~$2,163/yr

  • Depreciation

    $5,564

    Segment: suv

  • Maintenance

    $5,250

    segment ballpark

Depreciation projected from segment averages against today’s typical price; maintenance is an AAA-derived segment ballpark. Loan, insurance, and gas are covered in the Affordability section above.

Safety ratingsOfficial NHTSA crash-test scores + owner complaint volume20 NHTSA complaints
  • Overall

    ★★★★★

    5.0 of 5

  • Frontal crash

    ★★★★★

    5.0 of 5

  • Side crash

    ★★★★★

    5.0 of 5

  • Rollover

    ★★★★★

    4.0 of 5

Averaged across 2 tested body/cab configurations (NHTSA scores by variant).

Safety recallsOfficial NHTSA campaigns for this year / make / model15 total
  • SUSPENSION:REAR

    Ford Motor Company (Ford) is recalling certain 2011-2017 Explorer vehicles. The rear suspension toe links may fracture due to stress on the rear suspension.

    19V435000 · Oct 6, 2019

  • WHEELS:HUB

    Ford Motor Company (Ford) is recalling certain Wheel Hub Bearing assemblies, part number HB5Z-1104-C, incorrectly listed as being for installation on the rear axles of 2011-2017 Ford Explorer 4X2 vehicles. These bearings assemblies were manufactured without a self retention feature, possibly resulting in the separation of the wheel or wheel end.

    17E048000 ·

  • SEATS:FRONT ASSEMBLY:RECLINER

    Ford Motor Company (Ford) is recalling certain model year 2016 Ford Explorer and F-150 vehicles equipped with a manual recline driver's seat. The seat back frame may have insufficient welds which may not meet the requirements of Federal Motor Vehicle Safety Standard (FMVSS) numbers 202, "Head Restraints" and 207, "Seating Systems."

    16V475000 ·

  • SEATS

    Ford Motor Company (Ford) is recalling certain 2016 F-150 and Explorer vehicles. Loose power seat adjuster pivot bolts may cause the front seat cushions to detach and not properly restrain the seat occupant in the event of a crash.

    17V767000 ·

  • FUEL SYSTEM, GASOLINE:STORAGE:TANK ASSEMBLY:MOUNTING

    Ford Motor Company (Ford) is recalling certain model year 2015 Ford Taurus, Lincoln MKS, and 2016 Ford Explorer vehicles manufactured on July 24, 2015. During vehicle production, the fuel tank attachment bolts may not have been properly tightened. As a result, the fuel tank straps may fracture and the fuel tank could separate from the vehicle.

    15V605000 ·

  • ENGINE AND ENGINE COOLING:ENGINE

    Ford Motor Company (Ford) is recalling certain model year 2015-2016 Lincoln MKC vehicles manufactured November 25, 2013, to January 25, 2016, and 2016 Ford Explorer vehicles manufactured October 20, 2014, to January 28, 2016. The affected vehicles are equipped with 2.3L GTDI engines and engine block heaters. These engine block heaters have elements that may overheat while plugged in.

    16V183000 ·

  • PARKING BRAKE

    Ford Motor Company (Ford) is recalling certain model year 2015 Ford Taurus, Ford Flex, and Lincoln MKS vehicles manufactured May 4, 2015, to May 23, 2015, Lincoln MKT vehicles manufactured May 4, 2015, to May 21, 2015, and 2015-2016 Ford Explorer vehicles manufactured May 4, 2015, to May 23, 2015. The affected vehicles have a parking brake that may not fully engage when applied. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 135, "Light Vehicle Brake Systems."

    15V464000 ·

  • STRUCTURE:BODY

    Ford Motor Company (Ford) is recalling certain 2016-2019 Explorer vehicles. The retention pins could loosen and allow the roof rail covers to detach from the vehicle.

    21V316000 · May 5, 2021

+ 7 more recalls not shown

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Ownership economics

Real market data

  • 5-year total cost of ownership — depreciation + fuel + insurance + maintenance, itemized
  • EPA fuel economy — real MPG + annual fuel cost for this trim
  • Safety ratings + recalls — official NHTSA scores and every open campaign

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