2020 Ford Explorer Value2020 Ford Explorer2020 Ford Explorer trade-in prices vary significantly by zip code, mileage, and condition. Get a more accurate value for your car with the Edmunds appraisal tool. - Find Out What Your Car's Worth
Change vehicle Estimated values for the 2020 Ford Explorer
Values based on 12,000 miles driven per year, with no color or options selected. 2020 Ford Explorer trade-in prices vary significantly by zip code, mileage, and condition. Get a more accurate value for your car with the Edmunds appraisal tool.
Estimated values are currently unavailable.
Know the value of your 2020 Ford Explorer over time
Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.
Total Depreciation-$12,348
Based on Good Condition for five years
2020 Ford Explorer
Limited 4dr SUV (2.3L 4cyl Turbo 10A) with no options
2021
$19,467
-$3,867
2022
$17,417
-$2,050
2023
$15,580
-$1,837
2024
$12,790
-$2,790
2025
$10,986
-$1,804
Value breakdown
2020 Ford Explorer
Limited 4dr SUV (2.3L 4cyl Turbo 10A) with no options
| Year | Car Value | Depreciation |
|---|---|---|
| 2021 (2020 Ford Explorer) | $19,467 | -$3,867 |
| 2022 (2020 Ford Explorer) | $17,417 | -$2,050 |
| 2023 (2020 Ford Explorer) | $15,580 | -$1,837 |
| 2024 (2020 Ford Explorer) | $12,790 | -$2,790 |
| 2025 (2020 Ford Explorer) | $10,986 | -$1,804 |
Total Depreciation
Over five years
-$12,348
Helpful information about your 2020 Ford Explorer
Estimated Value Today
- $20,126 - $21,970
- Based on good condition.
Depreciation Insights
- Different cars depreciate at different rates.
- In general, new cars lose 60% of their MSRP in the first five years.
Know Your Car’s Worth
- Nearly every vehicle depreciates over time.
- With our free appraisal tool, you can get an accurate price for your car in minutes.
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