Ford Explorer | Depreciation Rate & Curve

Ford Explorer 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.

Ford Explorer Depreciation
Make & Model	Ford Explorer
Initial MSRP	$48,380
Forecasted Depreciation Rate	46%
Forecasted Value Change In 5 Years	$22,255
Residual Value In 5 Years	$26,125

Click To View The TOP RATED Models In Our Depreciation Rankings

Check Out Our Car Depreciation Calculator!

Get a custom depreciation graph of a Ford Explorer based on model year and mileage driven!

Select Make

Select Model Or Body Type

Select Model Year

Input For Estimated Current Value ($ USD)⁽¹⁾

Expected Mileage Driven Per Year⁽²⁾

The American average is 12,000 miles driven per year.

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

2020 Ford Explorer XLT | Source

By SsmIntrigue - Own work, CC BY-SA 4.0

Forecasted "5 Year Depreciation" Of A 2020 Ford Explorer Vs. Comparables

Make / Models	Forecasted Depreciation	-
(Selected) 2020 Ford Explorer	46%	Image Source Minimize Source By SsmIntrigue - Own work, CC BY-SA 4.0
2020 Buick Enclave	58% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Buick Encore	54% View Depreciation Graph	Image Source Minimize Source By Mr.choppers - Own work, CC BY-SA 3.0
2020 Chevrolet Equinox	51% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Chevrolet Suburban	44% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Chevrolet Tahoe	38% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Chevrolet Traverse	55% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Chevrolet Trax	51% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Chevrolet Captiva	62% View Depreciation Graph	Image Source Minimize Source By Bull-Doser - Own work, Public Domain
2020 Dodge Durango	46% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Dodge Journey	54% View Depreciation Graph	Image Source Minimize Source By Vauxford - Own work, CC BY-SA 4.0
2020 Ford Edge	50% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Ford Escape	51% View Depreciation Graph	Image Source Minimize Source From Bull-Doser - Dominio público
2020 Ford Expedition	52% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Ford Flex	50% View Depreciation Graph	Image Source Minimize Source By IFCAR - Own work, Public Domain
2020 Ford Expedition EL	56% View Depreciation Graph	Image Source Minimize Source By IFCAR - Own work, Public Domain
2020 GMC Acadia	57% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 GMC Terrian	52% View Depreciation Graph	Image Source Minimize Source By Alexander Migl - Own work, CC BY-SA 4.0
2020 GMC Yukon	42% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 GMC Yukon XL	46% View Depreciation Graph	Image Source Minimize Source By Alexander Migl - Own work, CC BY-SA 4.0
2020 Jeep Cherokee	45% View Depreciation Graph	Image Source Minimize Source By Vauxford - Own work, CC BY-SA 4.0
2020 Jeep Compass	47% View Depreciation Graph	Image Source Minimize Source By Vauxford - Own work, CC BY-SA 4.0
2020 Jeep Grand Cherokee	45% View Depreciation Graph	Image Source Minimize Source By M 93, CC BY-SA 3.0 de
2020 Jeep Renegade	40% View Depreciation Graph	Image Source Minimize Source By Corvettec6r - Own work, CC BY-SA 4.0
2020 Jeep Wrangler	3% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Jeep Patriot	45% View Depreciation Graph	Image Source Minimize Source By IFCAR - Own work, Public Domain