Used 2023 Ford Explorer for Sale nearLexington, KY
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2022
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Blue Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Light Slate
- Transmission:
- Automatic
- Mileage:
- 47,759
- Stock #:
- C15625A
- VIN:
- 1FMSK8DH7NGB41613


Sponsored by Kia Store Clarksville
2022 Ford Explorer
XLT AWD
47,759 mi
$26,404
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Carbonized Gray Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Light Slate
- Transmission:
- Automatic
- Mileage:
- 35,283
- Stock #:
- TGB05562A
- VIN:
- 1FMSK8DH4PGB69274

Sponsored Listing
2023 Ford Explorer
XLT AWD
35,283 mi
$31,498
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Forged Green Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 50,523
- Stock #:
- C101352
- VIN:
- 1FMSK8DH1PGC13697

Sponsored Listing
2023 Ford Explorer
XLT AWD
50,523 mi
$28,350
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Carbonized Gray Metallic
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 29,875
- Stock #:
- GB91003A
- VIN:
- 1FMSK7DH6PGA14509

2023 Ford Explorer
XLT RWD
29,875 mi
$25,300
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Agate Black Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 59,941
- Stock #:
- PGB64880
- VIN:
- 1FMSK8FH2PGB64880

2023 Ford Explorer
Limited AWD
59,941 mi
$26,448
- Year:
- 2022
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- White Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 63,427
- Stock #:
- G26558A
- VIN:
- 1FMSK8FH2NGA43229

2022 Ford Explorer
Limited AWD
63,427 mi
$26,898
- Year:
- 2022
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Blue Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Light Slate
- Transmission:
- Automatic
- Mileage:
- 47,759
- Stock #:
- C15625A
- VIN:
- 1FMSK8DH7NGB41613

2022 Ford Explorer
XLT AWD
47,759 mi
$26,404
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Sandstone
- Transmission:
- Automatic
- Mileage:
- 63,608
- Stock #:
- P6011
- VIN:
- 1FMSK8BH2PGA08893

2023 Ford Explorer
AWD
63,608 mi
$24,659
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Black Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 39,920
- Stock #:
- 1062333
- VIN:
- 1FMSK8DH6PGA21630

-$670
2023 Ford Explorer
XLT AWD
39,920 mi
$28,936
$28,266
- Year:
- 2024
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- White Metallic
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 53,401
- Stock #:
- RGA31911
- VIN:
- 1FMSK7DH2RGA31911

2024 Ford Explorer
XLT RWD
53,401 mi
$25,348
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Black
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 52,376
- Stock #:
- 11PGC38094T1
- VIN:
- 1FMSK8DH8PGC38094

-$1,026
2023 Ford Explorer
XLT AWD
52,376 mi
$27,397
$26,371
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Rapid Red Metallic Tinted Clearcoat
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 44,410
- Stock #:
- A39164
- VIN:
- 1FMSK8DH5PGA39164

-$945
2023 Ford Explorer
XLT AWD
44,410 mi
$28,631
$27,686
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Green Metallic
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Deep Cypress
- Transmission:
- Automatic
- Mileage:
- 45,658
- Stock #:
- R0823A
- VIN:
- 1FMSK8JH6PGB50410

2023 Ford Explorer
Timberline AWD
45,658 mi
$32,082
CarGurus Analysis:
2023 Ford Explorer
With 549 currently listed for sale near Lexington, KY and an average price of $27,361, 35.0% of 2023 Ford Explorers for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Ford Explorer 4.75 / 5 stars.
100.0% of 2023 Explorer models on CarGurus are accident free.
- Year:
- 2022
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Black Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Light Slate
- Transmission:
- Automatic
- Mileage:
- 50,886
- Stock #:
- G8854B
- VIN:
- 1FMSK8DH9NGB97391

-$1,050
2022 Ford Explorer
XLT AWD
50,886 mi
$27,997
$26,947
- Year:
- 2024
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Iconic Silver Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 33,479
- Stock #:
- J1155A
- VIN:
- 1FMSK8DH9RGA19826

-$1,000
2024 Ford Explorer
XLT AWD
33,479 mi
$31,575
$30,575
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3L V6
- Exterior color:
- Black Metallic
- Combined gas mileage:
- 21 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 73,706
- Stock #:
- E7585A
- VIN:
- 1FM5K8GC8PGB32225

-$1,000
2023 Ford Explorer
ST AWD
73,706 mi
$33,895
$32,895
- Year:
- 2024
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Silver Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 49,491
- Stock #:
- E7456A
- VIN:
- 1FMSK8DHXRGA23058

2024 Ford Explorer
XLT AWD
49,491 mi
$29,895
- Year:
- 2024
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Carbonized Gray Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 14,146
- Stock #:
- RGA59059P
- VIN:
- 1FMSK8DH5RGA59059

2024 Ford Explorer
XLT AWD
14,146 mi
$33,986
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3L V6
- Exterior color:
- Star White Metallic Tri-Coat
- Combined gas mileage:
- 21 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 71,669
- Stock #:
- S09301-1
- VIN:
- 1FM5K8HC5PGA24692

2023 Ford Explorer
Platinum AWD
71,669 mi
$32,690
- Year:
- 2022
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Atlas Blue Metallic
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 40,977
- Stock #:
- J1139A
- VIN:
- 1FMSK8DH6NGC47504

-$1,000
2022 Ford Explorer
XLT AWD
40,977 mi
$27,575
$26,575
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Green
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (TAN)
- Transmission:
- Automatic
- Mileage:
- 53,430
- Stock #:
- 28917153
- VIN:
- 1FMSK7DHXPGB84971

2023 Ford Explorer
XLT RWD
53,430 mi
$26,147
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 3L V6
- Exterior color:
- White Metallic
- Combined gas mileage:
- 21 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 49,808
- Stock #:
- 5523A
- VIN:
- 1FM5K8GC8PGB80386

2023 Ford Explorer
ST AWD
49,808 mi
$36,465
- Year:
- 2023
- Make:
- Ford
- Model:
- Explorer
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 2.3L I4
- Exterior color:
- Carbonized Gray Metallic
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 29,875
- Stock #:
- GB91003A
- VIN:
- 1FMSK7DH6PGA14509

Sponsored Listing
2023 Ford Explorer
XLT RWD
29,875 mi
$25,300
CarGurus Analysis: 2023 Ford Explorer

Summary
With 549 currently listed for sale near Lexington, KY and an average price of $27,361, 35.0% of 2023 Ford Explorers for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Ford Explorer 4.75 / 5 stars.
100.0% of 2023 Explorer models on CarGurus are accident free.
Why it stands out
The 2023 Ford Explorer stands out as a midsize SUV that blends rear-wheel-drive-based handling with family-hauling practicality. Ford’s CD6 platform gives it a more engaging driving character than earlier Explorers, and the available four-wheel-drive system adds a Terrain Management System that helps direct torque to the wheels with traction. Even the base 2.3-liter EcoBoost four-cylinder is described as surprisingly capable, while the optional twin-turbo 3.0-liter EcoBoost V6 gives the Explorer genuinely quick performance.
For shoppers who want efficiency, the 2023 model also benefits from the hybrid powertrain that was available from 2020 to 2023. That setup pairs a 3.3-liter hybrid V6 with a 1.5-kWh battery pack and electric motor, producing 318 horsepower and a combined 27 mpg. Inside, the Explorer is well equipped, with push-button start, keyless entry, Ford Co-Pilot360 driver-assistance features, a Wi-Fi hotspot, a 13.2-inch touchscreen, a 12.3-inch digital gauge cluster, wireless Apple CarPlay, wireless Android Auto, and two USB ports. Seating for up to seven gives it the versatility many buyers want, though most owners choose the six-passenger layout with second-row captain’s chairs.
The 2023 Ford Explorer is also appealing because it has a better reliability record than its predecessors, and used prices are described as reasonable. At the same time, the source notes that the initial 2020 models had a relatively high number of gremlins, so buyers should still pay attention to condition and maintenance history. Overall, the 2023 Explorer’s mix of strong performance, available hybrid efficiency, modern tech, and broad seating flexibility makes it one of the more well-rounded versions of the nameplate.
Other model years to consider
- Average price: $36,097
- Good/great deal percentage: 42.8%
- User rating: 5 / 5
- Total listings: 397
- Average price: $25,285
- Good/great deal percentage: 31.1%
- User rating: 4.92 / 5
- Total listings: 631
- Average price: $24,112
- Good/great deal percentage: 27.7%
- User rating: 5 / 5
- Total listings: 602
This analysis is based on CarGurus' proprietary market data from September 21, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
4.8 Overall rating
Filter by rating
Aiesha M
Reviewed a 2023 Ford Explorer on Oct 11, 2024
Great features and good value. Enjoying it very much with my family.
Sa M
Reviewed a 2023 Ford Explorer on Nov 9, 2025
I really liked it, but the doors didn’t open wide enough
Anonymous
Reviewed a 2023 Ford Explorer on Jun 11, 2024
The 2023 Ford Explorer continues to impress with its blend of performance, comfort, and versatility, making it a standout choice in the midsize SUV market.
Me j
Reviewed a 2023 Ford Explorer on Sep 2, 2024
I absolutely love my new explorer king ranch!! It has all the bells and whistles and then some, if I could have asked for anything else it would be a bench seat in the back. But it has third row seating so it has buckets in the back.
Compare 2023 Ford Explorer Trims in Lexington, KY
The Explorer lineup offers a range of options from budget-friendly trims to more luxurious models, all with versatile AWD and RWD choices.
- Starting at $24,401
- Best MPG/MPGe: 21 city / 28 hwy
- Most Popular: XLT AWD
Trim Overview
Prices updated weekly from CarGurus listings.
| XLT RWD | XLT AWD (Most Popular) | Police Interceptor Utility AWD | Limited RWD | ST-Line AWD | Limited AWD | ST AWD | Platinum AWD | |
|---|---|---|---|---|---|---|---|---|
| Starting MSRP | $38,570 | $40,570 | $44,335 | $47,420 | $48,355 | $49,420 | $52,005 | $56,670 |
| Avg. Market Price | $24,401 | $26,330 | $27,831 | $27,831 | $27,831 | $30,918 | $27,831 | $42,998 |
| Positioning | Best value | AWD for less | AWD for less | Standard | AWD for less | Sport + AWD | AWD for less | Trail-ready |
| Standout Features | Backup camera, third row seating | Sunroof/moonroof, blind spot monitoring | Multi-zone climate control, upgrade package | Navigation system, leather seats | Heated seats, parking sensors | Bluetooth, adaptive cruise control | Remote start, leather seats | Navigation system, adaptive cruise control |
| Drivetrain | RWD | AWD | AWD | RWD | AWD | AWD | AWD | AWD |
| Listings Available | 117 | 499 | 47 | 44 | 132 | 122 | 246 | 140 |
Quick Compare Table
Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.
| XLT RWD | XLT AWD | Police Interceptor Utility AWD | Limited RWD | ST-Line AWD | Limited AWD | ST AWD | Platinum AWD | |
|---|---|---|---|---|---|---|---|---|
| AI Summary | Best value for budget-conscious shoppers | Popular choice with AWD capability | Ideal for law enforcement needs | Great for standard features | Sporty look with AWD | Luxury features with AWD | Performance-oriented AWD | Top-tier luxury and features |
| Avg. Market Price | $24,401 | $26,330 | $27,831 | $27,831 | $27,831 | $30,918 | $27,831 | $42,998 |
| MSRP | $38,570 | $40,570 | $44,335 | $47,420 | $48,355 | $49,420 | $52,005 | $56,670 |
| Engine | 2.3L 300 hp I4 | 2.3L 300 hp I4 | 3.3L 285 hp V6 Flex Fuel Vehicle | 2.3L 300 hp I4 | 2.3L 300 hp I4 | 2.3L 300 hp I4 | 3.0L 400 hp V6 | 3.0L 400 hp V6 |
| Drivetrain | RWD | AWD | AWD | RWD | AWD | AWD | AWD | AWD |
| MPG/MPGe (City/Hwy) | 21/28 | 20/27 | 17/25 | 21/28 | 20/27 | 20/27 | — | — |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Third Row Seating | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| Android Auto | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ | — |
| Heated Seats | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | — | — | ✓ | — | — | — |
| Navigation System | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| Adaptive Cruise Control | ✓ | — | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| Multi Zone Climate Control | — | — | ✓ | — | — | — | — | — |
| Leather Seats | — | — | — | ✓ | — | ✓ | ✓ | ✓ |
| Active Listings | 117 | 499 | 47 | 44 | 132 | 122 | 246 | 140 |
Missing data displayed as "—".
Trim Deep Dives
XLT RWD — "Who It's For"
The XLT RWD is the pick for shoppers who want a budget-friendly SUV with essential features without paying for AWD.
- Avg. market price: $24,401 (updated weekly)
- MPG/MPGe: 21 city / 28 hwy
- Inventory: 117 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 more expensive trim.
- Avg. market price: $26,330 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 499 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 designed for law enforcement without the luxury features.
- Avg. market price: $27,831 (updated weekly)
- MPG/MPGe: 17 city / 25 hwy
- Inventory: 47 listings
- View Police Interceptor Utility AWD listings
Limited RWD — "Who It's For"
The Limited RWD is the pick for shoppers who want a well-equipped SUV with luxury features without the AWD price premium.
- Avg. market price: $27,831 (updated weekly)
- MPG/MPGe: 21 city / 28 hwy
- Inventory: 44 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 appearance and features without the higher performance price tag.
- Avg. market price: $27,831 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 132 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 and all-wheel drive capability in a family-friendly SUV.
- Avg. market price: $30,918 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 122 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 and luxury features without compromising on space.
- Avg. market price: $27,831 (updated weekly)
- MPG/MPGe: —
- Inventory: 246 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 a capable SUV.
- Avg. market price: $42,998 (updated weekly)
- MPG/MPGe: —
- Inventory: 140 listings — widest selection in the lineup
- View Platinum AWD listings
Trim Recommendations
Most Popular — XLT AWD
With 499 active listings, the XLT AWD is the clear volume leader in the lineup.
Best Budget Option — XLT RWD
At $24,401 avg market price — below the lineup median of $27,831 — it's the most accessible entry point.
Best for Fuel Economy — XLT RWD
The XLT RWD offers the best fuel economy in the lineup with 21/28 MPG.
These recommendations are based on CarGurus' proprietary market data from September 17, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2023 Ford Explorer Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Ford Explorer prices has changed over time.
See more price trends2023 Ford Explorer Pricing Analysis: Lexington, KY Market Report
Pricing by Nearby Locations
Market Area: Lexington, KY
Key Insights
- Highest Prices in Jasper, IN: The city commands an average price of $33,547, likely due to limited inventory and higher demand.
- Lowest Prices in Bowling Green, KY: With an average price of $28,957, this market may reflect a more price-sensitive consumer base or higher inventory levels.
- Inventory Correlation: Cities like Louisville, KY (619 listings) and Cincinnati, OH (618 listings) show stable pricing around $31,399–$31,585, indicating a balanced supply-demand dynamic.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Jasper, IN | 548 | $33,547 |
| London, KY | 531 | $31,874 |
| Louisville, KY | 619 | $31,585 |
| Cincinnati, OH | 618 | $31,399 |
| Columbus, IN | 601 | $32,048 |
| Dayton, OH | 618 | $31,712 |
| Huntington, WV | 534 | $29,837 |
| Cookeville, TN | 552 | $31,124 |
| Bloomington, IN | 594 | $32,203 |
| Bowling Green, KY | 532 | $28,957 |
Pricing by Trim Packages
Key Insights
- XLT AWD is the Most Common Trim: With 500 listings, it serves as a benchmark for pricing in the market.
- Premium Trims Command Higher Prices: The Platinum AWD ($56,670 MSRP) is the highest priced trim, reflecting its luxury features and capabilities.
- AWD Trims Dominate Inventory: The majority of listings are AWD variants, indicating a strong preference for all-weather capability in the region.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| XLT AWD | 500 | $40,570 | AWD | 2.3L 300 hp I4 |
| ST AWD | 244 | $52,005 | AWD | 3.0L 400 hp V6 |
| XLT RWD | 114 | $38,570 | RWD | 2.3L 300 hp I4 |
| Limited AWD | 123 | $49,420 | AWD | 2.3L 300 hp I4 |
| ST-Line AWD | 133 | $48,355 | AWD | 2.3L 300 hp I4 |
| Platinum AWD | 140 | $56,670 | AWD | 3.0L 400 hp V6 |
| Police Interceptor Utility AWD | 46 | $44,335 | AWD | 3.3L 285 hp V6 Flex Fuel |
| Limited RWD | 42 | $47,420 | RWD | 2.3L 300 hp I4 |
Pricing Analysis by Model Year
Key Insights
- Newer Models Retain Value: The 2026 Ford Explorer is priced at $45,987, reflecting a 19.5% premium over its MSRP, indicating strong demand for the latest model.
- Significant Depreciation for Older Models: The 2019 Ford Explorer shows a steep decline, priced at $15,638, which is -51.6% compared to its original MSRP.
- Best Value in Recent Years: The 2022 model is priced at $25,598, representing a modest depreciation of -27.0%, making it a compelling option for buyers seeking value.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Ford Explorer | $38,465 | $45,987 | +19.5% |
| 2025 Ford Explorer | $40,050 | $37,245 | -4.5% |
| 2024 Ford Explorer | $36,860 | $30,494 | -17.4% |
| 2022 Ford Explorer | $35,510 | $25,598 | -27.0% |
| 2021 Ford Explorer | $32,925 | $24,434 | -25.7% |
| 2020 Ford Explorer | $32,765 | $21,772 | -33.5% |
| 2019 Ford Explorer | $32,365 | $15,638 | -51.6% |
| 2018 Ford Explorer | $32,140 | $16,262 | -49.5% |
| 2017 Ford Explorer | $31,660 | $14,325 | -54.8% |
| 2016 Ford Explorer | $31,050 | $13,223 | -57.5% |
| 2015 Ford Explorer | $30,185 | $10,116 | -66.5% |
These recommendations are based on CarGurus' proprietary market data from September 16, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2023 Ford Explorer cost?
| Metric | Value |
|---|---|
| Current Average Price | $31,741 |
| Year-Round Low | $31,741 |
| Year-Round High | $33,724 |
| Average Price a Year Ago | $33,722 |
| Change vs. Last Year | −5.88% |
Prices have softened 5.88% compared to this time last year, making it a favorable time to shop this model year.
There are 9,726 listings available, which suggests solid inventory for comparison shopping.
Is the 2023 Ford Explorer a good car?
Yes — the 4.75/5 user rating points to strong shopper satisfaction. The 2023 Explorer stands out as a midsize SUV that blends rear-wheel-drive-based handling with family-hauling practicality, and its available four-wheel-drive system adds a Terrain Management System for added traction. You also get a broad mix of strengths, including capable base-engine performance, available twin-turbo V6 power, hybrid efficiency, and seating for up to seven. With 34.5% of listings marked as good or great deals, you have room to shop selectively.
Is the 2023 Ford Explorer reliable?
Owners rate it 4.75/5, a strong signal of long-term satisfaction.
The 2023 Explorer is described as having a better reliability record than its predecessors, which is encouraging if you want a used three-row SUV with modern tech and broad capability. Even so, you should still pay close attention to condition and maintenance history, since earlier model-year issues are part of the nameplate’s background. For used buyers, that means the biggest long-term ownership risk is choosing a neglected example rather than a well-kept one.
What should I look for when buying a used 2023 Ford Explorer?
Accident-free inventory is solid at 88.9% — always verify the vehicle history report.
You should prioritize a history report first, then inspect the vehicle closely for signs of poor maintenance or prior damage. Focus on overall condition, service records, and how well the SUV’s tech and drivetrain systems operate during a test drive. Because this model year offers a lot of equipment and powertrain variety, a careful inspection matters more than simply chasing the lowest price.
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 strong listings.
- Deal availability: 34.5% of listings are priced as good or great deals.
- Inventory: There are 9,726 listings available.
- Price trend: Prices have softened 5.88% compared with last year.
- Clean inventory: 88.9% of listings are accident-free.
If you find a listing below $31,741, 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 $31,741 sits slightly below last year's $33,722.
That price movement suggests the market has cooled a bit, which can help you buy at a more favorable entry point. For future resale, a softer current market can be a double-edged sword: it may improve your purchase value now, but it also means you should be realistic about near-term depreciation. Well-kept examples with strong equipment and clean history should still be easier to move later than neglected ones.
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:
- 34.5% of listings are priced as good or great deals.
- Accident-free inventory is solid at 88.9% — always verify the vehicle history report.
- Price trend: Prices have softened 5.88% compared with last year.
- Owners rate it 4.75/5 — a strong satisfaction signal.
Consider the 2022 if:
- At $27,878, the 2022 costs less than the current year's $31,741 average.
- It offers broad trim and powertrain variety for family-focused buyers.
The bottom line: If you want the better-balanced pick, the 2023 is the stronger choice because it combines solid market availability, a favorable price trend, and strong owner satisfaction. If your top priority is saving money upfront, the 2022 is the better value path, especially if you find one with the right equipment and a clean history.
These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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