Bought my Eddie Bauer Explorer used with 47,000 miles on it. First year was great, but after that, everything started breaking. This is the most expensive vehicle maintenance-wise that I have ever owned. The electrical system has numerous "gremlin" type problems, fuel economy is not great and the ride has always been less than smooth. Definitely not a "Suburban-like" ride. Added to this, I had to replace the transmission at 106,000 miles. I changed transmission fluid every 5-7K miles, and this should not have happened. Also, Ford never fixed the faulty rear-main seal configuration for this engine, so a small oil leak is the norm. Recommend against it unless you just love spending money on repairs.
It's a very nice looking vehicle.
Reliability, fuel economy, just about everything except for the looks of the vehicle.