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
Top 30 Percentile For Residual Value

Ford Explorer Depreciation Curve

Depreciation Curve For A Ford Explorer
Depreciation Curve For The Ford Explorer.

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

Make / Models Forecasted Depreciation -
(Selected) 2020 Ford Explorer 46%
2020 Ford Explorer XLT
2020 Buick Enclave

58%

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Buick Enclave
2020 Buick Encore

54%

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Buick Encore
2020 Chevrolet Equinox

51%

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Chevrolet Equinox
2020 Chevrolet Suburban

44%

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2015 Chevrolet Suburban
2020 Chevrolet Tahoe

38%

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2015 Chevrolet Tahoe LT 5.3L
2020 Chevrolet Traverse

55%

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2018 Chevrolet Traverse LT
2020 Chevrolet Trax

51%

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2018 Chevrolet Trax LT
2020 Chevrolet Captiva

62%

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Chevrolet Captiva Sport
2020 Dodge Durango

46%

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2018 Dodge Durango R/T
2020 Dodge Journey

54%

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2010 Dodge Journey RT CRD 2.0
2020 Ford Edge

50%

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2019 Ford Edge SEL EcoBoost AWD 2.0L
2020 Ford Escape

51%

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2019 Ford Escape
2020 Ford Expedition

52%

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2018 Ford Expedition XLT
2020 Ford Flex

50%

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2010 Ford Flex
2020 Ford Expedition EL

56%

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2007 Ford Expedition EL
2020 GMC Acadia

57%

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2020 White GMC Acadia
2020 GMC Terrian

52%

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GMC Terrian
2020 GMC Yukon

42%

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GMC Yukon
2020 GMC Yukon XL

46%

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GMC Yukon XL
2020 Jeep Cherokee

45%

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Jeep Cherokee Limited
2020 Jeep Compass

47%

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2012 Jeep Compass Sport Plus CRD 4X4
2020 Jeep Grand Cherokee

45%

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2012 Jeep Grand Cherokee Overland
2020 Jeep Renegade

40%

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2019 Jeep Renegade 1.6 Multijet
2020 Jeep Wrangler

3%

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Jeep Wrangler
2020 Jeep Patriot

45%

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2007-2008 Jeep Patriot