Used 2023 Ford Explorer for Sale near Arkansas

Compare 2023 Ford Explorer Trims

The Explorer lineup offers a range of trims from budget-friendly options to fully loaded models, catering to various needs and preferences.

• Starting at $23,621
• Best MPG/MPGe: 21 city / 28 hwy
• Most Popular: XLT AWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

Missing data displayed as "—".

Trim Deep Dives

XLT RWD — "Who It's For"

The XLT RWD is the pick for shoppers who want a well-equipped SUV without the AWD price premium. It's also the most budget-friendly option in the lineup.

• Avg. market price: $26,423 (updated weekly)
• MPG/MPGe: 21 city / 28 hwy
• Inventory: 1,826 listings — widest selection in the lineup
• View XLT RWD listings

XLT AWD — "Who It's For"

The XLT AWD is the pick for shoppers who want all-wheel drive capability without stepping up to a higher price point. It's the most popular trim in the lineup.

• Avg. market price: $29,703 (updated weekly)
• MPG/MPGe: 20 city / 27 hwy
• Inventory: 7,730 listings — widest selection in the lineup
• View XLT AWD listings

Police Interceptor Utility AWD — "Who It's For"

The Police Interceptor Utility AWD is the pick for shoppers who need a rugged vehicle for utility purposes without the frills. It's the most affordable option in the lineup.

• Avg. market price: $23,621 (updated weekly)
• MPG/MPGe: 17 city / 25 hwy
• Inventory: 645 listings
• View Police Interceptor Utility AWD listings

Limited RWD — "Who It's For"

The Limited RWD is the pick for shoppers who want a standard SUV experience with added luxury features. It balances price and amenities well.

• Avg. market price: $28,620 (updated weekly)
• MPG/MPGe: 21 city / 28 hwy
• Inventory: 641 listings
• View Limited RWD listings

ST-Line AWD — "Who It's For"

The ST-Line AWD is the pick for shoppers who want a sporty feel with all-wheel drive capability. It offers a blend of performance and practicality.

• Avg. market price: $33,510 (updated weekly)
• MPG/MPGe: 20 city / 27 hwy
• Inventory: 1,736 listings — widest selection in the lineup
• View ST-Line AWD listings

Limited AWD — "Who It's For"

The Limited AWD is the pick for shoppers who want luxury features combined with all-wheel drive. It’s a great choice for those needing both comfort and capability.

• Avg. market price: $32,274 (updated weekly)
• MPG/MPGe: 20 city / 27 hwy
• Inventory: 1,859 listings — widest selection in the lineup
• View Limited AWD listings

ST AWD — "Who It's For"

The ST AWD is the pick for shoppers who want high performance in an SUV. It’s ideal for those who prioritize power and handling.

• Avg. market price: $38,585 (updated weekly)
• MPG/MPGe: 18 city / 24 hwy
• Inventory: 2,873 listings — widest selection in the lineup
• View ST AWD listings

Platinum AWD — "Who It's For"

The Platinum AWD is the pick for shoppers who want the ultimate luxury experience in an SUV. It’s perfect for those who desire top-tier features and comfort.

• Avg. market price: $37,769 (updated weekly)
• MPG/MPGe: 18 city / 24 hwy
• Inventory: 1,632 listings — widest selection in the lineup
• View Platinum AWD listings

Trim Recommendations

Most Popular — XLT AWD

With 7,730 active listings, the XLT AWD is the clear volume leader in the lineup.

Browse XLT AWD listings

Best Budget Option — Police Interceptor Utility AWD

At $23,621 avg market price — below the lineup median of $30,988 — it's the most accessible entry point.

Browse Police Interceptor Utility AWD listings

Best for Fuel Economy — XLT RWD

The XLT RWD offers the best fuel efficiency in the lineup with 21/28 MPG.

Browse XLT RWD listings

These recommendations are based on CarGurus' proprietary market data from October 8, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2023 Ford Explorer cost?

Prices have softened 6.18% compared to this time last year, making it a favorable time to shop this model year.

There are 9,779 listings available, which suggests solid inventory for shoppers comparing trims and prices.

Is the 2023 Ford Explorer a good car?

Yes — 4.75/5 is a strong user rating, and the 2023 Explorer’s appeal centers on its mix of space, technology, and driving polish. The overview describes it as a midsize SUV with rear-wheel-drive-based handling, broad family-hauling capability, and a well-equipped base setup. It also highlights strong available power, flexible seating for up to seven, and a long list of standard driver-assistance and convenience features.

For you, that means the Explorer makes the most sense if you want a well-rounded used midsize SUV that balances everyday usability with a more engaging driving feel than many rivals. 35.8% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2023 Ford Explorer reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction.

The overview says the 2023 Explorer has a better reliability record than its predecessors, while also noting that the initial 2020 models had a relatively high number of gremlins. That points to a model year that benefits from the platform’s maturation and a more settled ownership experience than earlier versions.

For used buyers, the main long-term risk is making sure you’re not inheriting a poorly maintained example, especially if it has higher mileage or a complicated option set.

What should I look for when buying a used 2023 Ford Explorer?

Accident-free inventory is solid at 88.4% — always verify the vehicle history report.

You should still check the history report carefully, because even a strong accident-free share doesn’t guarantee the specific vehicle you’re considering has a clean past. Prioritize a thorough pre-purchase inspection, especially for signs of uneven wear, neglected maintenance, or electronic issues. Focus on overall condition, service records, and how well the features and driver-assistance systems work in real-world use.

Is now a good time to buy a used 2023 Ford Explorer?

This looks like a moderate, selective buyer’s market, so you can shop patiently but should move quickly on standout listings.

• Deal availability: 35.8% of listings are priced as good or great deals.
• Inventory: There are 9,779 listings available.
• Price trend: Prices have softened 6.18% compared with last year.
• Clean inventory: 88.4% of listings are accident-free.

If you find a listing below $31,511, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Ford Explorer's resale value?

The current average of $31,511 sits slightly below last year's $33,589.

That price movement suggests the market has cooled a bit, which can help you buy at a more favorable entry point today. For future resale, a softer purchase price can reduce your depreciation exposure if you keep the vehicle in strong condition and maintain it well. Demand should remain supported by the Explorer’s broad appeal, especially among shoppers who want space, features, and a polished driving experience.

Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Ford Explorer or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 35.8% of listings are priced as good or great deals.
• Accident-free inventory is solid at 88.4% — always verify the vehicle history report.
• Price trend: Prices have softened 6.18% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $27,612, the 2022 costs less than the current year's $31,511 average.
• It offers a broad trim spread and strong family-focused versatility.

The bottom line: Choose the 2023 if you want the stronger all-around package and are comfortable paying more for a newer, better-rated example. If your priority is saving money upfront, the 2022 is the better value path and still gives you the Explorer’s core strengths.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.