Ford launched the sixth-generation Explorer for the 2020 model year, marking a significant return to a rear-wheel-drive-based platform. This CD6 architecture, shared with the Lincoln Aviator, improved handling, towing capacity, and overall proportions. Powertrain choices included the standard 2.3L EcoBoost I-4, a 3.0L EcoBoost V6, and for the first time, a hybrid option.
As a modern vehicle, the Explorer's value is in its utility rather than traditional collectibility. It's a capable three-row SUV that appeals to families and those needing space and all-weather capability. The 400-horsepower ST model, however, has attracted enthusiasts seeking a performance-oriented family hauler with surprising acceleration and sharper handling.
The market for these Explorers is driven by depreciation, with early 2020 models now commonly available as off-lease vehicles. Values are heavily influenced by trim level, mileage, and condition. High-performance ST and luxurious Platinum models occupy the top of the market, while XLT and Limited trims represent the majority of transactions.
Buying Tips
- Check for completion of numerous recalls on early 2020-2021 models, which addressed issues with axles, driveshafts, and software.
- Test the 10-speed automatic transmission for harsh shifting or hesitation, which could sometimes be resolved with software updates.
- Verify the SYNC 3 infotainment system is responsive and that features like Apple CarPlay and Android Auto connect properly.
- On ST models, inspect for premature tire and brake wear, which can indicate a history of aggressive driving.
Prices based on recent sales range from $100 to $42,100, with trim, year, and condition creating significant variance.
1,127 Ford Explorer 6th Gen vehicles have been tracked across auctions and listings on Hypercars, with 149 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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