Ford
Explorer
2021
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2021 ford explorer
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2021 Ford Explorer

Lease EstimateSee Lease Deals
$449/mo
Finance Estimate
$478/mo
FROM
$32,970
MPG
21 city / 28 hwy

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2021 Ford Explorer
Lease
$449 / month
Finance
$478 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.0010125 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
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Buying Tips

What you must know before buying the Ford Explorer

John Diether
Automotive Editor - October 8, 2020
  • 2020 Explorer redesigned and in stock
  • Factory rebate up to $4,000
  • Lease from $279 for 36 months
  • 0% APR for 60 months + up to $3,500 bonus

What's in store:

The redesigned 2020 Explorer is stocked to meet demand across the country. The mid-level XLT and Limited trims are easiest to find. Ford's Co-Pilot360 driver assistance system is now standard.

This year's sporty ST is considerably more expensive than the previous Sport. A hybrid version will join the lineup later in the model year. The 2020 Explorer line starts at $33,860.

When it arrives this fall, the 2021 Explorer will benefit from price cuts of up to about $3,600 in the case of the Limited trim.

Offers vary by region and are set to end November 2, 2020 unless otherwise noted. Examples listed here are for California.

Instant savings:

The 2020 Explorer now comes with a $4,000 rebate for all buyers, an increase of $250 over last month. The amount of the hybrid version remains at $3,000.

We expect rebates to go higher still before the year ends.

Leasing looks great:

You can now lease a 2020 Explorer XLT from $279 for 36 months (10,500 miles a year) with $4,579 due at signing. This works out to an effective monthly cost of $406, an excellent value for this class of vehicle.

This offers reflects a $500 Select Inventory bonus on vehicles in stock longer than 60 days. Without it, your total cost will be $500 higher.

No interest + cash:

Instead of the full rebate on a 2020 Explorer, you get 0% financing for 60 months or 1.9% for 72 months from Ford.

The deal comes with a hefty $3,500 in bonus cash on gas models, or $2,500 on the Explorer Hybrid.

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CarsDirect Target Price

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CarsDirectPricing as of 10/31/20 in 28217
MSRP
$33,470
Sales Price
$32,970
Cash Rebates
$0
Target Price
$32,970
Lease Estimate
$449/mo
Finance Estimate
$478/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Customer Rebate Select Inventory Retail Customer Cash (Expires 11/3/20) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. %Qualification% Rule of '10' and Standard Rules of Eligibility apply. $750

Leasing Incentives

RebateAmount
Lease Customer Rebate RCL Customer Cash (Expires 11/3/20) Customer cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. %Qualification% Rule of '10' and Standard Rules of Eligibility apply. $1,000
Lease Customer Rebate Select Inventory RCL Customer Cash (Expires 11/3/20) Customer cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Qualifying residents of the United States. %Qualification% Rule of '10' applies. Standard Rules and Eligibility apply. $500

Hurry! Offer expires

Leases For Similar Cars

Based on 2021 Ford Explorer Base 4dr 4x2 - MSRP $33,470

Top Ford Deals & Must-Know Advice In October

Shoppers will want to consider buying over leasing in October as Ford 0% APR deals continue to be strong offers. For example, the 2020 Explorer features 0% APR for 60 months... View All Ford Lease Deals

2021 Ford Explorer: Model Preview

Justin Cupler
Automotive Editor

Model Preview

The 2020 Ford Explorer ushered in a whole new generation for this midsize crossover, moving it away from the front-driven pavement pounder it was into a rear-driven rig with more off-road prowess without losing its on-pavement comfort. With its redesign entering just its second year, we expect no big changes to the 2021 Explorer.

On the outside, the new-generation Explorer boasts an all-new exterior that takes on a more rugged look than the previous model. Despite moving a few notches closer to a truck-based SUV, this design stops short of crossing the truck-like line, keeping it in line with what crossover shoppers want while mixing in some of what SUV buyers want. It even has a little something for the performance lover with the sportier-looking ST trim. With this design receiving such great reviews and being only a year old, we expect the 2021 Explorer’s body to be virtually identical.

Inside, this new-generation crossover softens things up with a more car-like design that includes a sleek and swooping instrument panel, a clean center stack, and a few large infotainment touchscreens, including a massive 10-inch optional screen. The new Explorer’s interior has also received a warm welcome, so we expect no significant style changes in here for the 2021 Explorer lineup.


2020 Ford Explorer

Under the new-generation Explorer’s hood is a standard turbocharged 2.3-liter four-cylinder engine that produces 300 horsepower and 310 pound-feet of torque. Move into the Limited Hybrid trim, and you get a 3.3-liter V6 and a setup of electric motors that combine for 318 hp and 322 lb-ft. Performance shoppers will prefer the ST trim’s 3.0-liter turbocharged V6 with 400 hp and 415 lb-ft of torque. We expect all these engines to remain the same in the 2021 Explorer.

There have been no crash tests performed on the 2020 Ford Explorer yet, but they will come. What we do know is this new-gen crossover comes standard with Co-Pilot360, which includes blind-spot monitors with cross-traffic alerts, hill-start assist, and automatic emergency braking with pedestrian detection. Buyers can move up to the Co-Pilot360 Assist+ package and get more equipment, including adaptive cruise control and traffic-sign recognition.

Pricing & Release Date

The 2021 Explorer is beginning to arrive at dealerships now.

The 2021 Ford Explorer received a price cut that actually made it slightly more affordable than the outgoing 2020 model. Pricing for the 2021 Explorer ranges from $33,470 to $55,725 (including destination fees).

This midsize crossover will compete with the Kia Telluride, Chevy Traverse, and Honda Pilot.

Check prices for the 2021 Ford Explorer »

Pictured: 2020 Explorer

The Car Connection Awards and Rankings

2020

The Ford Explorer

Best Car to Buy Nominee

Editor's Favorite

2020

The Ford Explorer

2020 Driver's Choice

User's Favorite

  • Best Car For Families Nominee

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