Summary

• With 5,724 currently listed for sale and an average price of $23,096.00, 32.8% of 2020 Ford Explorers for sale on CarGurus are rated as good or great deals.

• Favorably reviewed: Owners rated the 2020 Ford Explorer 4.71 / 5 stars.

• 75.4% of 2020 Explorer models on CarGurus are accident-free.

• The 2020 Ford Explorer features an all-new chassis design, advanced safety technology, and a lineup of powerful engines, including hybrid options.

Why it stands out

The 2020 Ford Explorer distinguishes itself in the crowded midsize SUV market with its bold styling, spacious interior, and impressive performance capabilities. Its sixth generation introduces a rear-wheel-drive platform, which improves weight distribution and handling, especially in the sportier ST trim that offers a potent 3.0-liter twin-turbo V6 engine with up to 400 horsepower. While many drivers appreciate its stylish design and robust power, some do note that the interior materials may not match the premium price point, leading to mixed feelings regarding overall value. Despite these limitations, the Explorer's spaciousness and available advanced tech features, such as an 8-inch touchscreen infotainment system and the Co-Pilot 360 safety suite, make it a functional choice for families and adventure-seekers alike.

Other model years to consider

• 2021 Ford Explorer

  • Average price: $25,067.00
  • Good/great deal percentage: 33.2%
  • User rating: 5 / 5
  • Total listings: 7,969

• 2022 Ford Explorer

  • Average price: $29,585.00
  • Good/great deal percentage: 34.4%
  • User rating: 4.92 / 5
  • Total listings: 9,588

• 2023 Ford Explorer

  • Average price: $33,432.00
  • Good/great deal percentage: 34.5%
  • User rating: 4.75 / 5
  • Total listings: 9,410

This analysis is based on CarGurus' proprietary market data from June 8, 2026, CarGurus experts' opinions, and generative AI.