Ford Explorer Depreciation

Ford Explorer Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value ®
2019 $42,033 $42,033 $241 $0 0% 100% 100% 12 0
2018 $41,079 $31,165 $289 $10,868 25.86% 75.16% 91.67% 11 16.51
2017 $41,872 $27,805 $380 $3,360 10.78% 65.5% 83.33% 10 17.83
2016 $41,743 $26,022 $517 $1,783 6.41% 61.1% 75% 9 13.9
2015 $38,732 $20,526 $608 $5,496 21.12% 51.43% 66.67% 8 15.24
2014 $34,710 $17,633 $792 $2,893 14.09% 48.52% 58.33% 7 9.81
2013 $33,834 $15,174 $1,127 $2,459 13.95% 41.52% 50% 6 8.48
2012 $33,016 $13,809 $1,286 $1,365 9% 37.93% 41.67% 5 3.74
2011 $33,889 $13,080 $1,391 $729 5.28% 34.49% 33.33% 4 -1.16
2010 $32,793 $9,164 $1,601 $3,916 29.94% 23.06% 25% 3 1.94
2009 $32,578 $7,248 $1,647 $1,916 20.91% 17.19% 16.67% 2 -0.52
2008 $30,502 $7,185 $1,899 $63 0.87% 17.33% 8.33% 1 -9
2007 $29,498 $6,299 $2,256 $886 12.33% 13.71% 0% 0 -13.71
Year Price % Paid % Left NUV ®
2019 $42,033 100% 100% 0
2018 $31,165 75.16% 91.67% 16.51
2017 $27,805 65.5% 83.33% 17.83
2016 $26,022 61.1% 75% 13.9
2015 $20,526 51.43% 66.67% 15.24
2014 $17,633 48.52% 58.33% 9.81
2013 $15,174 41.52% 50% 8.48
2012 $13,809 37.93% 41.67% 3.74
2011 $13,080 34.49% 33.33% -1.16
2010 $9,164 23.06% 25% 1.94
2009 $7,248 17.19% 16.67% -0.52
2008 $7,185 17.33% 8.33% -9
2007 $6,299 13.71% 0% -13.71
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Used Ford Explorers For Sale

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2016 Ford Explorer XLT

2016 Ford Explorer XLT

Mileage: 25,412
Mileage: 25,412     Price: $25,610
Dealer: Vroom / Buy Online / Nationwide Delivery

$25,610


2016 Ford Explorer XLT

2016 Ford Explorer XLT

Mileage: 27,806
Mileage: 27,806     Price: $23,490
Dealer: Vroom / Buy Online / Nationwide Delivery

$23,490


2016 Ford Explorer Sport

2016 Ford Explorer Sport

Mileage: 31,156
Mileage: 31,156     Price: $30,870
Dealer: Vroom / Buy Online / Nationwide Delivery

$30,870


2017 Ford Explorer XLT

2017 Ford Explorer XLT

Mileage: 36,241
Mileage: 36,241     Price: $28,800
Dealer: Vroom / Buy Online / Nationwide Delivery
Very Low Depreciation Risk

$28,800


2016 Ford Explorer Sport

2016 Ford Explorer Sport

Mileage: 13,843
Mileage: 13,843     Price: $32,950
Dealer: Vroom / Buy Online / Nationwide Delivery

$32,950


2019 Ford Explorer Limited

2019 Ford Explorer Limited

Mileage: 13,090
Mileage: 13,090     Price: $36,030
Dealer: Vroom / Buy Online / Nationwide Delivery

$36,030


2017 Ford Explorer XLT

2017 Ford Explorer XLT

Mileage: 44,156
Mileage: 44,156     Price: $24,980
Dealer: Vroom / Buy Online / Nationwide Delivery
Very Low Depreciation Risk

$24,980


2019 Ford Explorer XLT

2019 Ford Explorer XLT

Mileage: 6,548
Mileage: 6,548     Price: $35,230
Dealer: Vroom / Buy Online / Nationwide Delivery

$35,230


2019 Ford Explorer Limited

2019 Ford Explorer Limited

Mileage: 14,895
Mileage: 14,895     Price: $34,880
Dealer: Vroom / Buy Online / Nationwide Delivery

$34,880


About The Numbers

Our depreciation figures are calculated by aggregating then analyzing pricing, sales and other related automotive data sets.

Here are some brief descriptions of the columns:
  • Year - The vehicle model year.
  • New Price - The geometric mean new price paid of that model year grouped by most the popular trim levels.
  • Current Price - The geometric mean listing price of a used model of that year grouped by the same trim levels.
  • Maintenance - Estimated maintenance and repair costs during that year of ownership.
  • $ Decline - Year over Year price decline.
  • % Decline - Year over Year percentage of decline.
  • % Paid - Percentage paid of the original price.
  • % Left - Percentage left of reliable years of the vehicle.
  • Years Left - Current industry average of years remaining with predictable maintenance and repair costs.
  • Net Used Value ® - Our ranking & sorting index to help you find the model years with the most value.
2,120,477 total data points last analyzed on 09/25/2019.
More questions? Check out our Q&A section here.

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The 2017, 2018 & 2015 Ford Explorer model years are currently the best values.

On average, expect to pay only 66% of the original cost with 83% of the vehicle's lifetime remaining for a 2017 Explorer. That gives it a Net Used Value® score of 17.83 which factors in annual maintenance costs, price decline, reliable years left and available inventory.

Also consider the 2018 & 2015 Explorer model years. Those currently have a generally low risk of any significant depreciation over the next several years.

Own a 2017 Ford Explorer?

While we would advise holding onto this vehicle for a few years, that's not always the plan. Dealers have access to similar figures so they know that your vehicle has a low risk of depreciation.

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