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2020 Ford Explorer Value
2020 Ford Explorer
2020 Ford Explorer trade-in prices range from $20,144 - $42,793. Get a more accurate value for your car with the Edmunds appraisal tool.
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Estimated values for the 2020 Ford Explorer
Values based on 12,000 miles driven per year, with no color or options selected
Platinum 4dr SUV AWD (3.0L 6cyl Turbo 10A) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$37,032$39,851$42,793
Clean$36,410$39,151$42,009
Average$35,374$37,984$40,702
Rough$34,026$36,468$39,002
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Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.
Total Depreciation-$19,974
Based on Good Condition for five years
2020 Ford Explorer
Platinum 4dr SUV AWD (3.0L 6cyl Turbo 10A) with no options
Total Depreciation
2021
$37,309
-$4,906
2022
$33,257
-$4,052
2023
$30,187
-$3,070
2024
$25,882
-$4,305
2025
$22,241
-$3,641
Value breakdown
2020 Ford Explorer
Platinum 4dr SUV AWD (3.0L 6cyl Turbo 10A) with no options
YearCar ValueDepreciation
2021$37,309-$4,906
2022$33,257-$4,052
2023$30,187-$3,070
2024$25,882-$4,305
2025$22,241-$3,641
Total Depreciation
Over five years
-$19,974
Helpful information for you
Estimated Value Today
  • $36,410 - $39,151
  • Based on good condition.
Depreciation Insights
  • Different cars depreciate at different rates.
  • In general, new cars lose 60% of their MSRP in the first five years.
Know Your Car’s Worth
  • Nearly every vehicle depreciates over time.
  • With our free appraisal tool, you can get an accurate price for your car in minutes.
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