2023 Ford Explorer value
In Good condition, a 2023 Ford Explorer is likely worth $11,800–$30,500 as a trade-in, $19,100–$33,300 in a private sale and $20,500–$35,600 at dealer retail, per Kelley Blue Book (fetched Oct 23, 2026); dealers were typically asking $28,000 (median of 21 cited listings on Edmunds, Oct 23, 2026).
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Last updated · every figure links to its source · data: CSV · JSON
What you'd likely get
| If you… | Range |
|---|---|
| Trade-in at a dealer What a dealer typically credits you toward another car. | $11,800–$30,500 |
| Private-party sale Selling yourself to another person. | $19,100–$33,300 |
| Dealer retail (fair purchase) What buyers typically pay a dealer. | $20,500–$35,600 |
Source: Kelley Blue Book, Good condition, fetched Oct 23, 2026, valid through 10/23/2026. Ranges span the styles KBB lists for this year. Edmunds per-model ranges: not available (not collected).
Typical dealer asking price: $28,000 (21 listings, Oct 23, 2026, Edmunds). Asking prices are what dealers list, not what they pay you. See the listings
Typical dealer asking price
$28,000
Median of 21 dealer listings. Typical range $24,988–$30,031 (middle 50%) from 21 cited comparable listings observed Oct 23, 2026–Oct 23, 2026.
See all 21 cited comparables
| Price | Trim | Miles | Location | Source |
|---|---|---|---|---|
| $21,990 | XLT 4dr SUV | 81,094 | Charlotte, NC | Edmunds (Oct 23, 2026) |
| $22,250 | XLT 4dr SUV | 61,026 | Fresno, CA | Edmunds (Oct 23, 2026) |
| $22,397 | XLT 4dr SUV | 74,601 | Boardman, OH | Edmunds (Oct 23, 2026) |
| $23,499 | XLT 4dr SUV | 51,500 | Wesley Chapel, FL | Edmunds (Oct 23, 2026) |
| $24,976 | XLT 4dr SUV | 41,025 | League City, TX | Edmunds (Oct 23, 2026) |
| $24,999 | XLT 4dr SUV | 60,715 | Shreveport, LA | Edmunds (Oct 23, 2026) |
| $26,250 | XLT 4dr SUV | 30,767 | Waterford, MI | Edmunds (Oct 23, 2026) |
| $26,750 | XLT 4dr SUV | 37,455 | Fresno, CA | Edmunds (Oct 23, 2026) |
| $27,294 | XLT 4dr SUV | 26,822 | Old Bridge, NJ | Edmunds (Oct 23, 2026) |
| $27,795 | XLT 4dr SUV | 34,713 | Hampton, VA | Edmunds (Oct 23, 2026) |
| $28,000 | XLT 4dr SUV | 28,347 | Cranberry, PA | Edmunds (Oct 23, 2026) |
| $28,188 | Limited 4dr SUV | 27,640 | Houston, TX | Edmunds (Oct 23, 2026) |
| $28,249 | XLT 4dr SUV | 26,931 | Eatontown, NJ | Edmunds (Oct 23, 2026) |
| $28,360 | XLT 4dr SUV | 40,738 | National | Edmunds (Oct 23, 2026) |
| $28,998 | XLT 4dr SUV | 37,932 | Columbus, GA | Edmunds (Oct 23, 2026) |
| $29,568 | Limited 4dr SUV | 51,211 | West Valley City, UT | Edmunds (Oct 23, 2026) |
| $30,494 | Limited 4dr SUV | 36,729 | Salt Lake City, UT | Edmunds (Oct 23, 2026) |
| $30,990 | ST 4dr SUV | 71,574 | Cleveland, OH | Edmunds (Oct 23, 2026) |
| $31,998 | XLT 4dr SUV | 35,258 | Winston Salem, NC | Edmunds (Oct 23, 2026) |
| $31,998 | XLT 4dr SUV | 15,712 | Memphis, TN | Edmunds (Oct 23, 2026) |
| $34,890 | Platinum 4dr SUV | 24,507 | Wesley Chapel, FL | Edmunds (Oct 23, 2026) |
Method: Median of asking/sold prices of cited comparable 2023 Ford Explorer listings observed in the last 120 days. Minimum 5 comps required. How this works
Safety recalls (0)
NHTSA's recall database returned no recalls for the 2023 Ford Explorer model names we queried.
Recalls apply to specific VINs. Check a VIN-specific recall at NHTSA.
Source: NHTSA Recalls API (EXPLORER) · fetched Oct 23, 2026 · HTTP 403 (no records)
Source: NHTSA Recalls API (EXPLORER HEV) · fetched Oct 23, 2026 · HTTP 403 (no records)
Fuel economy (20–23 MPG combined)
| Version | City/Hwy/Comb | Engine |
|---|---|---|
| Explorer AWD Automatic (S10) | 17/24/20 | 3.0L 6cyl · Regular · Part-time 4-Wheel Drive |
| Explorer AWD Automatic 10-spd | 20/27/23 | 2.3L 4cyl · Regular · Part-time 4-Wheel Drive |
| Explorer AWD Automatic 10-spd | 17/24/20 | 3.0L 6cyl · Regular · Part-time 4-Wheel Drive |
| Explorer AWD Automatic 10-spd | 20/26/22 | 2.3L 4cyl · Regular · Part-time 4-Wheel Drive |
Source: EPA fueleconomy.gov · fetched Oct 23, 2026
NHTSA model names
NHTSA vPIC lists these Ford model names for 2023: Explorer.
Source: NHTSA vPIC · fetched Oct 23, 2026
Kelley Blue Book values
For a 2023 Ford Explorer in Good condition, KBB showed: fair purchase price $20,500–$35,600; private party $19,100–$33,300; trade-in $11,800–$30,500.
KBB values by style (10)
| Style | Fair purchase | Private party | Trade-in |
|---|---|---|---|
| Sport Utility 4D | $20,500 | $19,100 | $11,800 |
| XLT Sport Utility 4D | $26,900 | $25,100 | $19,950 |
| Limited Sport Utility 4D | $30,100 | $28,100 | $22,800 |
| ST-Line Sport Utility 4D | $30,200 | $28,200 | $23,100 |
| Limited HEV Sport Utility 4D | $31,400 | $29,500 | $24,600 |
| Timberline Sport Utility 4D | $31,900 | $29,900 | $24,500 |
| ST Sport Utility 4D | $35,500 | $33,200 | $29,100 |
| Platinum HEV Sport Utility 4D | $35,400 | $33,000 | $28,700 |
| Platinum Sport Utility 4D | $34,600 | $32,400 | $26,300 |
| King Ranch Sport Utility 4D | $35,600 | $33,300 | $30,500 |
Source: Kelley Blue Book, fetched Oct 23, 2026 · KBB values valid through 10/23/2026 · page hash b800970d9686. KBB figures are KBB's estimates, shown separately from our listing-based value.
2023 Ford Explorer specs
| Fuel economy (city / hwy / combined) | 17–20 / 24–27 / 20–23 MPG (EPA) |
|---|---|
| Engine | 3.0L 6-cyl, 2.3L 4-cyl (EPA) |
| Horsepower | 300 - 400 hp (KBB) |
| Transmission | Automatic (S10), Automatic 10-spd (EPA) |
| Drivetrain | Part-time 4-Wheel Drive (EPA) |
| Fuel type | Regular (EPA) |
| EPA size class | Standard Sport Utility Vehicle 4WD (EPA) |
| Body styles | Sport Utility 4D (KBB) |
| Cargo volume | 87.8 cu ft (KBB) |
| Trims / styles | Sport Utility 4D, XLT Sport Utility 4D, Limited Sport Utility 4D, ST-Line Sport Utility 4D, Limited HEV Sport Utility 4D, Timberline Sport Utility 4D, ST Sport Utility 4D, Platinum HEV Sport Utility 4D, Platinum Sport Utility 4D, King Ranch Sport Utility 4D (KBB) |
Specs from EPA fueleconomy.gov (fetched Oct 23, 2026) and Kelley Blue Book (fetched Oct 23, 2026); fields marked with another source cite that page and fetch date. Ranges span all versions listed.
Market context
Latest: 182.2 (Sep 2026), -1.5% vs. a year earlier. Peak in the last 10 years: 216.9 (Feb 2022).
Sep 2016 – Sep 2026. National index (1982–84=100); it shows market direction, not the value of a specific car.
Source: FRED CUSR0000SETA02 (BLS) · fetched Oct 23, 2026
Questions
What is a 2023 Ford Explorer worth?
In Good condition, a 2023 Ford Explorer is likely worth $11,800–$30,500 as a trade-in, $19,100–$33,300 in a private sale and $20,500–$35,600 at dealer retail, per Kelley Blue Book (fetched Oct 23, 2026); dealers were typically asking $28,000 (median of 21 cited listings on Edmunds, Oct 23, 2026).
What is the trade-in value of a 2023 Ford Explorer?
Kelley Blue Book lists a trade-in range of $11,800–$30,500 for a 2023 Ford Explorer in Good condition (fetched Oct 23, 2026). Private-party: $19,100–$33,300. Dealer retail: $20,500–$35,600.
What do dealers ask for a used 2023 Ford Explorer?
Dealers typically ask about $28,000 for a 2023 Ford Explorer (median asking price; middle 50% $24,988–$30,031), based on 21 cited listings from Edmunds observed Oct 23, 2026.
What is the price range for a used 2023 Ford Explorer?
Asking prices in our 21 cited listings ran from $21,990 to $34,890; the middle half sat between $24,988 and $30,031.
How many miles do used 2023 Ford Explorer listings have?
The 21 listings with a mileage shown had 15,712–81,094 miles (median 37,455).
Where does this 2023 Ford Explorer value come from?
From 21 public listings on Edmunds, each linked below with its fetch date and a content hash of the page we read. Download them as CSV or JSON.
Does the 2023 Ford Explorer have recalls?
NHTSA returned no recalls for the 2023 Ford Explorer model names we queried (checked Oct 23, 2026).
What MPG does the 2023 Ford Explorer get?
EPA combined fuel economy for 2023 Ford Explorer versions ranges from 20 to 23 MPG, per fueleconomy.gov.
See also: Trade-in value guide · Depreciation calculator · Compare instant cash offers