Vehicle report

2020 Ford Explorer

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

Fair price range

$19,350

$17,650 — $21,100

medium confidence

Est. out-the-door

$21,403

$19,580 — $23,280

in Ohio (7.25% tax + fees)

What's shaping this price

  • Age (6 yrs)−$19,115

    11%/yr for suv

  • Mileage (40,000)+$483

    32,000 under expected

Local market signal · 432xx

Avg days on market

61

from 56 comparable listings

30-day price trend

↓ 2.9%

cooling

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

Price over its life

2020 → 2026
$24k$28.7k$33.3k$38k$19.4k2020202120222023202420252026

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

Next 5 years (forecast)

2026 → 2031
$11.7k$14.3k$16.8k$19.4k$9.2k202620272028202920302031

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

$584/mo

  • Auto loan

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

    $301/mo

  • Insurance

    Full coverage · Ohio average for SUVs

    $96/mo

  • Gas

    23 mpg combined · $4.29/gal · 1,000 mi/mo

    $187/mo

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

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

$13,795over 5 yrs

~$2,759/yr

  • Depreciation

    $8,545

    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 6 tested body/cab configurations (NHTSA scores by variant).

Safety recallsOfficial NHTSA campaigns for this year / make / model33 total
  • FUEL SYSTEM, GASOLINE:DELIVERY:HOSES, LINES/PIPING, AND FITTINGS

    Ford Motor Company (Ford) is recalling certain 2020 Explorer and Lincoln Aviator vehicles. Over time, the protective sleeve on the vapor fuel line may chafe through the plastic liquid fuel line and cause a fuel leak.

    19V859000 · Apr 12, 2019

  • ENGINE

    Ford Motor Company (Ford) is recalling certain 2020-2021 Explorer and Lincoln Aviator vehicles. The right hand motor mount fasteners may have been incorrectly tightened, and may loosen over time.

    20V788000 ·

  • SUSPENSION:REAR

    Ford Motor Company (Ford) is recalling certain 2020 Lincoln Aviator and Ford Explorer vehicles. The rear lower control arm (RLCA) bolts that attach the rear lower control arms to the wheel knuckles may not have been heat-treated, which could cause them to break.

    21V154000 · Oct 3, 2021

  • BACK OVER PREVENTION:SOFTWARE

    Ford Motor Company (Ford) is recalling certain 2020-2021 Explorer, Lincoln Corsair, and Lincoln Aviator vehicles equipped with 360-degree cameras. The video output may fail, preventing the rearview camera image from displaying.

    21V735000 ·

  • SEAT BELTS: REAR/OTHER:BUCKLE ASSEMBLY

    Ford Motor Company (Ford) is recalling certain 2020 Explorer vehicles. The affected vehicles are equipped with second row center seat belt buckles that may not be properly secured to the seat.

    20V549000 · Oct 9, 2020

  • POWER TRAIN:DRIVELINE:DRIVESHAFT

    Ford Motor Company (Ford) is recalling certain 2020 Explorer and Lincoln Aviator vehicles equipped with a 2.0L or 3.3L engine and a 10 Speed Automatic Transmission with the All Wheel Drive package. The drive shaft may fracture along the weld seam.

    20V693000 · Oct 11, 2020

  • BACK OVER PREVENTION: SENSING SYSTEM: CAMERA

    Ford Motor Company (Ford) is recalling certain 2020 Ford F-150, F-250, F-350, F-450, F-550, Explorer, Mustang, Transit, Expedition, Escape, Ranger and Edge, and Lincoln Nautilus and Corsair vehicles. Due to a poor electrical connection, the rearview camera may intermittently display a blank or distorted image. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 111, "Rear Visibility."

    20V575000 ·

  • FUEL SYSTEM, GASOLINE:STORAGE

    Ford Motor Company (Ford) is recalling certain 2020 Explorer vehicles equipped with 2.3L engines and 19 gallon fuel tanks. The fuel tank inlet check valve may not be fully welded to the fuel tank shell.

    20V730000 ·

+ 25 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

Curated sources

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