I bought this SUV with 150,000 miles. I now have almost 180,000. The only 'major' repair I have had is with the transmission...a solenoid that cost $200. Other than that, I have experienced only typical maintenance issues: exhaust, brakes/rotors, O2 sensor, plugs/wires...which most can be done by the average DIYer. To the poster with 240k+ miles: if you have that MANY miles on a (American) suv and you aren't happy, then you will never be happy with any vehicle. I have been looking to buy a new vehicle for the past year and based upon reviews, I will be sure to keep this one as a backup. I cannot say much bad about this SUV...IMO the Explorer is an A+ concept that ended when Ford redesigned.
Dual air bags, enormous cargo space (ability to transport 10+ sheets of 4x8 sheetrock), premium sound system, low maintenance costs.