2021 ford explorer
MSRP
$33,470
CarsDirect Target Price
$31,053
Lease EstimateSee Lease Deals
$408/mo
Finance Estimate
$436/mo
Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2021 Ford Explorer
Lease
$408 / month
Finance
$436 / 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 0.0005 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
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2021 Ford Explorer Prices and Deals

John Diether
Automotive Editor - February 6, 2021
  • 2021 Explorer arriving; 2020s sold out
  • Lease: From $359 for 36 months
  • Rebate: Up to $1,250 off
  • Finance: From 0% APR for 36 months

What's in store:

The carryover 2021 Explorer continues flowing into dealers across the country. The new 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 easiest to find.

The 2020 Explorer has sold out.

Offers vary by region and are set to end March 31, 2021 unless otherwise noted. Examples listed here are for California. Ford often enhances incentives ahead of Presidents' Day weekend.

Lease: From $359 for 36 months

For the second month, you can lease a 2021 Explorer XLT from $359 for 36 months (10,500 miles a year) with $4,199 due at signing. This works out to an effective monthly cost of $476, a pretty good value for this class of vehicle.

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

Rebate: Up to $1,250 off

There is no standard rebate yet on the incoming 2021 Explorer, but buyers with a vehicle to trade are eligible for a $1,250 trade-in bonus.

We expect to see a rebate for all buyers by spring.

Finance: From 0% APR for 36 months

Promotional APR offers on the 2021 Explorer range from 0% for 36 months to 3.9% for 72 months. You remain eligible for the $1,250 trade-in bonus.

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Advertised Lease Deals

2021 XLT 202A (Select Stock)
$359Monthly Payment
Term Length (months): 36
Due at signing: $4,199
Mileage: 10.5k
MSRP: $39,180
Deal Valid in: California
Expiration: 3/31/21

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 3/4/21 in 20149
MSRP
$33,470
Sales Price
$31,803
Cash Rebates
$750
Target Price
$31,053
Lease Estimate
$408/mo
Finance Estimate
$436/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Customer Rebate Select Inventory Retail Customer Cash (Expires 3/31/21) 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
Trade In Assistance Bonus Cash Retail Trade-In Assistance Bonus Cash (Expires 3/31/21) Talk to your dealer for more details on this rebate.%NotesManuf% %Eligibility% Qualifying residents of the United States. %Qualification% Rule of '10' and Standard Rules of Eligibility applies. $2,500

Financing Incentives

RebateAmount
Promotional APR Offer Promotional APR programs available for qualified buyers. 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.
Term(s)37 - 3849 - 5061 - 6273 - 74
Rate %0%0.9%1.9%3.9%
Eligibility Residents residing in qualifying regions of the United States.
Trade In Assistance Bonus Cash Retail Trade-In Assistance Bonus Cash (Expires 3/31/21) Talk to your dealer for more details on this rebate.%NotesManuf% %Eligibility% Qualifying residents of the United States. %Qualification% Rule of '10' and Standard Rules of Eligibility applies. $2,500

Leasing Incentives

RebateAmount
Lease Customer Rebate RCL Customer Cash (Expires 3/31/21) 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. $750
Lease Customer Rebate Select Inventory RCL Customer Cash (Expires 3/31/21) 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

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