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Ford Explorer Depreciation & Resale Value

Ford Explorer keeps an estimated 57% of its original MSRP after 5 years — #272 of 530 cars VINdown tracks. See the full curve and the best year to buy.

Per VINdown's modeling, the Ford Explorer retains an estimated 57% of its original MSRP after five years, ranking #272 of 530 cars we track. That is roughly in line with the 58% five-year average for SUV in its class.

Most of the loss lands early: the Ford Explorer sheds about 4% of its value in year one alone. From roughly $38,465 it falls to around $21,771 by year five — a five-year loss near $16,694, about $9.15 a day in depreciation.

Because the steepest drop hits around year 2, a lightly-used Ford Explorer bought at 2 years old lets the first owner absorb the worst of the depreciation while the curve flattens — usually the value sweet spot. Explore the full year-by-year curve, trims, and true cost of ownership in the Model Lab above.

Ford Explorer depreciation FAQ

Does the Ford Explorer hold its value?

It keeps an estimated 57% of its original MSRP after five years — worse than most among the 530 cars VINdown tracks (ranked #272).

How much does a Ford Explorer depreciate in 5 years?

From about $38,465 when new it drops to roughly $21,771 after five years — a loss near $16,694 (57% of its original MSRP retained).

When is the best time to buy a used Ford Explorer?

Around 2 years old: that is just past the steepest depreciation, so you skip the biggest drop while the value curve is flattening.