2023 Ford Explorer Value2023 Ford Explorer trade-in prices range from $23,870 - $45,195. Get a more accurate value for your car with the Edmunds appraisal tool. - Find Out What Your Car's Worth
Change vehicleEstimated values for the 2023 Ford Explorer
Values based on 12,000 miles driven per year, with no color or options selected. 2023 Ford Explorer trade-in prices range from $23,870 - $45,195. Get a more accurate value for your car with the Edmunds appraisal tool.
| Condition | Trade-In | Private Party | Dealer Retail |
|---|---|---|---|
| Outstanding | $26,874 | $28,113 | $29,506 |
| Clean | $26,537 | $27,731 | $29,075 |
| Average | $25,976 | $27,095 | $28,355 |
| Rough | $25,247 | $26,268 | $27,420 |
Know the value of your 2023 Ford Explorer over time
Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.
Total Depreciation-$13,793
Based on Good Condition for five years
2023 Ford Explorer
4dr SUV AWD (2.3L 4cyl Turbo 10A) with no options
2024
$25,316
-$4,737
2025
$23,503
-$1,813
2026
$20,706
-$2,797
2027
$18,320
-$2,386
2028
$16,260
-$2,060
Value breakdown
2023 Ford Explorer
4dr SUV AWD (2.3L 4cyl Turbo 10A) with no options
| Year | Car Value | Depreciation |
|---|---|---|
| 2024 (2023 Ford Explorer) | $25,316 | -$4,737 |
| 2025 (2023 Ford Explorer) | $23,503 | -$1,813 |
| 2026 (2023 Ford Explorer) | $20,706 | -$2,797 |
| 2027 (2023 Ford Explorer) | $18,320 | -$2,386 |
| 2028 (2023 Ford Explorer) | $16,260 | -$2,060 |
Total Depreciation
Over five years
-$13,793
Helpful information about your 2023 Ford Explorer
Estimated Value Today
- $26,537 - $27,731
- 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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