Best Used Value: 2016 Ford Explorer

Best Used Value
2016
Ford Explorer

Ford Explorer Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value ®
2018 $42,079 $42,079 $259 $0 0.00% 100.00% 100% 12 0
2017 $41,572 $33,765 $336 $8,314 19.76% 82.03% 91.67% 11 9.64
2016 $41,143 $28,949 $517 $4,816 14.26% 71.62% 83.33% 10 11.71
2015 $35,732 $23,962 $698 $4,987 17.23% 69.01% 75% 9 5.99
2014 $34,710 $21,029 $827 $2,933 12.24% 62.97% 66.67% 8 3.7
2013 $33,834 $18,489 $982 $2,540 12.08% 57.55% 58.33% 7 0.78
2012 $33,016 $16,591 $1,137 $1,898 10.27% 50.25% 50% 6 -0.25
2011 $32,889 $14,643 $1,293 $1,948 11.74% 44.53% 41.67% 5 -2.86
2010 $32,793 $9,752 $1,448 $4,891 33.40% 29.74% 33.33% 4 3.59
2009 $32,578 $9,907 $1,603 $-155 -1.59% 30.41% 25% 3 -5.41
2008 $30,502 $8,061 $1,655 $1,846 18.63% 26.43% 16.67% 2 -9.76
2007 $29,498 $7,591 $1,965 $470 5.83% 25.74% 8.33% 1 -17.41
2006 $29,837 $6,196 $2,068 $1,395 18.38% 20.77% 0% 0 -20.77
Year Price % Paid % Left NUV ®
2018 $42,079 100.00% 100% 0
2017 $33,765 82.03% 91.67% 9.64
2016 $28,949 71.62% 83.33% 11.71
2015 $23,962 69.01% 75% 5.99
2014 $21,029 62.97% 66.67% 3.7
2013 $18,489 57.55% 58.33% 0.78
2012 $16,591 50.25% 50% -0.25
2011 $14,643 44.53% 41.67% -2.86
2010 $9,752 29.74% 33.33% 3.59
2009 $9,907 30.41% 25% -5.41
2008 $8,061 26.43% 16.67% -9.76
2007 $7,591 25.74% 8.33% -17.41
2006 $6,196 20.77% 0% -20.77

Used Ford Explorers For Sale

2016 Explorer XLT Ford
$26,370
2016 Explorer 4WD 4dr Limited Ford Caribou Metallic SUV 3.5L V6 CYL...
$29,995
2015 Explorer 4WD 4dr XLT Ford Ruby Red Metallic Tinted Clearcoat S...
$23,995
2016 Explorer 4WD 4dr XLT Ford Shadow Black SUV 3.5L V6 CYLINDER 6-...
$25,995
2016 Explorer 4WD 4dr XLT with Leather & Navigation Ford Shadow Bla...
$25,495
2016 Explorer 4WD 4dr XLT Ford Shadow Black SUV 3.5L V6 CYLINDER Au...
$23,995
2016 Explorer 4WD 4dr XLT with Driver Connect Package Ford Shadow B...
$21,995
2016 Explorer -- Ford
$18,740
2017 Explorer XLT 4WD Ford Oxford White SUV 3.5L V6 CYLINDER 6-Spee...
$21,995

About The Numbers

The depreciation figures above are based on aggregate pricing & sales data from a number of online and offline resources.

Here is a quick breakdown of each column:
  • Year - The vehicle model year.
  • New Price - The average price paid of that model year spanning all trim levels.
  • Current Price - The average price of a used model of that year.
  • 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 year(s) with the most value.
Have more questions? Check out our Q&A section here.

2016 Ford Explorer

On average, you should expect to pay only 72% of the original cost with 83% of the vehicle's lifetime remaining for a 2016 model. That gives it a Net Used Value® score of 11.71 which factors in expected annual maintenance, price decline & reliable years left.

These sought after 2016 Ford Explorer models may be hard to find. Also consider a 2017 or 2015 as those were the next best values.

Own a 2016 Ford Explorer?

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

Thinking about selling or trading up? Click the button below to get a free, no-obligation offer in minutes!


Vehicle Lookup