Ford Explorer Depreciation
Ford Explorer Depreciation Rate
5 Year Depreciation Rate
A 2020 Ford Explorer has a forecasted 5 year depreciation rate of 46%.
In 5 years its value is expected to decrease approximately $22,255 from its new price of around $48,380 down to $26,125.
| Make / Model | Initial MSRP | Forecasted Depreciation Rate | Forecasted Value Change In 5 Years | Residual Value In 5 Years |
|---|---|---|---|---|
| Ford Explorer | $48,380 | 46% | $22,255 | $26,125 |
Ford Explorer Depreciation Curve
Current Retained Value Percentage VS. Model Year
Gaps in data could indicate no model released for that year.
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Ford Explorer Historical Depreciation Table
Below is a historical table for the Ford Explorer that displays year by year depreciation data.
| Model Year | Price When New | (%) Current Depreciation | ($) Current Depreciation | Current Residual Value |
|---|---|---|---|---|
| 2020 | $48,380 | 20% | $9,629 | $38,751 |
| 2019 | $42,765 | 24% | $10,465 | $32,300 |
| 2018 | $43,165 | 30% | $13,077 | $30,088 |
| 2017 | $40,475 | 32% | $12,792 | $27,683 |
| 2016 | $38,350 | 42% | $16,062 | $22,288 |
| 2015 | $35,400 | 46% | $16,275 | $19,125 |
| 2014 | $35,300 | 52% | $18,225 | $17,075 |
| 2013 | $35,153 | 57% | $20,003 | $15,150 |
| 2012 | $33,095 | 64% | $21,320 | $11,775 |
| 2011 | $32,520 | 66% | $21,570 | $10,950 |
| 2010 | $35,940 | 76% | $27,240 | $8,700 |
| 2009 | $35,128 | 78% | $27,470 | $7,658 |
| 2008 | $32,012 | 78% | $25,050 | $6,962 |
| 2007 | $30,165 | 79% | $23,940 | $6,225 |
| 2006 | $31,625 | 83% | $26,358 | $5,267 |
| 2005 | $35,228 | 86% | $30,308 | $4,920 |
| 2004 | $34,955 | 87% | $30,488 | $4,467 |
| 2003 | $31,168 | 89% | $27,866 | $3,302 |
| 2002 | $26,909 | 90% | $24,154 | $2,755 |
| 2001 | $29,819 | 90% | $26,981 | $2,838 |
| 2000 | $28,935 | 86% | $25,027 | $3,908 |
| 1999 | $29,380 | 88% | $25,749 | $3,631 |
| 1998 | $26,785 | 87% | $23,223 | $3,562 |
| 1997 | $26,434 | 88% | $23,190 | $3,244 |
| 1996 | $26,075 | 88% | $22,975 | $3,100 |
| 1995 | $24,289 | 87% | $21,058 | $3,231 |
| 1994 | $22,129 | 86% | $19,068 | $3,061 |
| 1993 | $20,880 | 86% | $17,955 | $2,925 |
| 1992 | $19,059 | 85% | $16,192 | $2,867 |
| 1991 | $18,096 | 85% | $15,338 | $2,758 |
Forecasted "5 Year Depreciation" Of A 2020 Ford Explorer Vs. Comparables
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