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.

There are 9,735 listings available, which suggests solid inventory for shoppers comparing trims and conditions.

If you find a listing below $33,136.05, 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, and its 3/5 user rating suggests a mixed but workable ownership experience. The rear-wheel-drive bias helps it feel more composed than older Explorers, while available four-wheel drive adds Terrain Management System capability for added versatility. It also brings a strong convenience and tech package, including a 13.2-inch touchscreen, a 12.3-inch digital gauge cluster, wireless smartphone integration, and seating for up to seven.

That combination makes it especially appealing if you want an SUV that feels more refined on the road without giving up everyday utility. 33.6% of listings are priced as good or great deals, which gives you room to shop selectively.

Is the 2024 Ford Explorer reliable?

The 2024 Ford Explorer is described as having a better reliability record than its predecessors, and that matters if you want a used three-row SUV with a more mature design. Its current generation is presented as the nicest to drive, and the latest version benefits from being beyond the rougher early years of this nameplate.

For long-term ownership, you should still expect used-SUV wear items and pay close attention to maintenance history, because a more complex family vehicle can become costly if it has been neglected.

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

Accident-free inventory is excellent at 91.8% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the specific example you’re considering has a clean title and consistent service records. Prioritize a pre-purchase inspection, especially on higher-mileage or heavily optioned examples, so you can check for wear, electronics issues, and signs of hard use. Focus on overall condition, because the nicest versions cost more and the best-value listings may need closer scrutiny.

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 strong listings.

• Deal availability: 33.6% of listings are priced as good or great deals.
• Inventory: There are 9,735 listings available.
• Price trend: Prices have held steady compared with last year.
• Clean inventory: 91.8% of listings are accident-free.

If you find a listing below $33,136.05, 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 $35,158 sits slightly above last year's $34,837.

That small increase suggests the market has stayed relatively stable, which is a good sign if you plan to resell later. You’re not looking at a sharply depreciating price environment here, so a well-kept example should remain reasonably marketable. If you buy carefully and keep the vehicle in strong condition, you should have a fair shot at preserving value better than with a model that’s falling faster.

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:

• 33.6% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 91.8% — clean inventory, standard diligence applies.
• Price trend: Prices have held steady compared with last year.

Consider the 2025 if:

• At $41,312, the 2025 costs more than the current year's $35,158 average.
• It adds updated tech, improved interior quality, and a simplified lineup.

The bottom line: The 2024 is the better value if you want a well-equipped Explorer at a lower entry price and you’re comfortable shopping carefully. If you want the newer-feeling cabin, updated technology, and don’t mind paying more, the 2025 is the stronger upgrade path. For price-sensitive buyers, the 2024 makes the most sense; for shoppers prioritizing the latest changes, the 2025 is worth the premium.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.