2022 Ford Explorer Prices and Deals

2021 Explorer in stock; 2022s can be ordered

The 2021 Explorer remains stocked to meet demand at dealers across the country. This year brings price cuts to all trims. The Limited sees the biggest reduction, just over $3,600. The mid-level XLT and Limited trims are the easiest to find.

The carryover 2022 Explorer is now available for order through Ford dealers and already carries factory incentives.

Offers vary by region and are set to end January 3, 2022, unless otherwise noted. The examples listed here are for California. Ford often enhances incentives on select models for Black Friday weekend. This page is updated monthly, so be sure to check back for the latest on pricing and promotions.

Ford Explorer Lease Deals

Lease from $339/month

Customers will a vehicle to trade can now lease a 2021 Explorer XLT from $339 for 36 months (10,000 miles a year) with $4,139 due at signing.

The effective monthly cost of this lease works out to $454, a good value for this price class. If you don't have a trade-in, your total cost may be higher. See your dealer for an exact quote.

According to Ford's online payment estimator, leases on the 2022 Explorer XLT start at $391 a month with $4,095 at signing. With an effective monthly cost of $505, this lease is rather expensive in our book. However, there's plenty of time for offers to improve in the months ahead.

Ford Explorer Rebate Deals

Up to $1,000 off

Ford continues to offer a $1,000 rebate on the 2021 Explorer to all buyers. Due to ongoing supply issues, we don't expect rebates to go much higher.

Surprisingly, there's already a $500 rebate on the 2022 Explorer.

Ford Explorer Finance Deals

Rates from 0% APR

Ford now offers promotional financing on the 2021 Explorer starting at 0% for 60 months. If you want longer to pay, Ford also offers 1.9% for 72 months. You can combine these rates with the $1,000 cash rebate.

Offers on the 2022 Explorer range from 0% for 36 months to 3.9% for 72 months, plus the $500 rebate.