How much does the 2024 Ford Explorer cost?

Prices have held steady compared to this time last year, signaling a stable and predictable market for this model year.

With 9,719 listings available, you have a fairly broad pool to compare across trims, mileage, and condition. If you find a listing below $33,140.05, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 Ford Explorer a good car?

The 2024 Ford Explorer is a solid choice if you want a midsize SUV that balances road manners, available power, and family-friendly features. Its user rating is 3/5, and the model’s setup makes it especially relevant if you value composed handling, strong available acceleration, and a well-equipped cabin.

The Explorer’s rear-wheel-drive bias helps it feel more composed on the road than older versions, while available four-wheel drive adds extra traction management for tougher conditions. It also offers a strong mix of convenience and technology, including a large touchscreen, a digital gauge cluster, wireless smartphone integration, and seating for up to seven.

For shoppers who want a capable, comfortable three-row SUV with modern tech and a more engaging driving feel, it fits the brief well. 29.7% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2024 Ford Explorer reliable?

The 2024 Ford Explorer is presented as the nicest-to-drive version of the nameplate, with a better reliability record than its predecessors. Its current platform and updated execution help it feel more refined than earlier Explorers, and the latest generation is described as a stronger step forward than the older models.

That said, the model’s history still matters when you shop used, especially because earlier versions of this generation had more issues. For long-term ownership, you should focus on condition and maintenance history so you can reduce the risk of inheriting avoidable repair headaches.

What should I look for when buying a used 2024 Ford Explorer?

Accident-free inventory is excellent at 91.7% — clean inventory, standard diligence applies.

You should still run a history report on any listing you’re seriously considering, even if the market looks clean overall. Prioritize a pre-purchase inspection, especially on higher-mileage examples or vehicles with more equipment, since condition and maintenance matter more than the badge on the tailgate.

Is now a good time to buy a used 2024 Ford Explorer?

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

• Deal availability: 29.7% of listings are priced as good or great deals.
• Inventory: There are 9,719 listings available.
• Price trend: Prices have held steady compared with last year.
• Clean inventory: 91.7% of listings are accident-free.

If you find a listing below $33,140.05, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Ford Explorer's resale value?

The current average of $35,078 sits slightly above last year's $34,788.

That small increase suggests the Explorer has held its value fairly steadily in the near term. For you as a future seller, that kind of movement points to a market that is not swinging wildly, which can make resale planning more predictable.

Because the price change is modest, your eventual resale outcome will depend heavily on mileage, condition, and trim. If you keep the vehicle clean and well documented, you should be in a better position to compete with other used listings when it’s time to sell.

Should I buy a 2024 Ford Explorer or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 29.7% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 91.7% — clean inventory, standard diligence applies.
• Price trend: Prices have held steady compared with last year.

Consider the 2025 if:

• At $41,059, the 2025 costs more than the current year's $35,078 average.
• It adds updated tech and a nicer cabin.

The bottom line: If you want the better value, the 2024 is the smarter starting point because it gives you a stable price environment and plenty of inventory to compare. If you’re willing to pay more for newer tech and a fresher interior, the 2025 is the stronger upgrade path.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.