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2023 Ford Explorer

Used 2023 Ford Explorer

3.8
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3.5
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2023 Ford Explorer Exterior: 0
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2025
2023
Fuel Economy
20 - 25 combined mpg
Horsepower
300 - 400 hp
Seating
7
Cargo Volume
87.8 cu ft
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2023 Ford Explorer Review

Colin Ryan

By Colin Ryan

Updated January 30, 2025

Colin Ryan specializes in writing about new cars. He has done this for the Los Angeles Times, Variety, Kelley Blue Book, Autotrader, Popular Mechanics, Mazda and Lexus customer magazines, plus a bunch of enthusiast sites and publications. And he spent several years as a staff writer at BBC Top Gear magazine. During this zig-zag of a career trajectory, he has driven everything from budget Malaysian hatchbacks (yes, they exist) to scarily expensive Italian exotica.

Pros

  • Great engines
  • Excellent towing abilities
  • Wide range of variants

Cons

  • Pricey for the class
  • Due for an update

What's New?

  • Minor equipment changes

Those who learn at the master’s feet will eventually become masters themselves. So it is with the Ford Explorer and the many midsize SUVs that have followed in its venerable wake.

Although the Explorer has plenty of family-friendly credentials — like the Top Safety Pick+ accolade from the Insurance Institute for Highway Safety (IIHS), the availability of all-wheel drive, plenty of standard driver assistance features, and great towing talents — it still needs to compete with newer, more impressive lower-priced rivals.

Now in its sixth generation, the Explorer range encompasses a fairly well-equipped base model, a lavish Platinum trim, an off-road specialist, and a tarmac-tearing ST somewhere in between.

2023 Ford Explorer Pricing

2023 Ford Explorer pricing starts at $32,866 for the Explorer Sport Utility 4D, which had a starting MSRP of $38,355 when new. The range-topping 2023 Explorer Platinum Sport Utility 4D starts at $40,525 today, originally priced from $59,465.

Original MSRP
KBB Fair Purchase Price (national avg.)
$38,355
$32,866
$42,165
$32,980
$49,600
$36,713
$50,665
$34,878
$51,575
$37,252
$53,600
$42,092
$56,600
$41,536
$58,965
$41,290
$59,065
$45,201
$59,465
$40,525

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Ford Explorer models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Ford Explorer

Ford really has a talent for creating enjoyable drives, even in a midsize 3-row SUV like the 2023 Explorer. It feels secure, stable, and kind of nimble. Yet the ride quality remains comfortable over most road surfaces.

We like the 10-speed automatic transmission as well. The top three ratios work best on the freeway, keeping engine speed (and, therefore, fuel consumption) relatively low.

When driving in the suburbs, though, we sometimes felt that the transmission wasn’t exactly sure which gear it wanted to be in. Also, the shifter is a rotary control, which might take a little getting used to.

Outward vision is just fine, helped by the raised driving position, with extra information coming from the standard blind-spot monitoring system.

Some rivals come close, but none of them reach the 300-horsepower mark of the Explorer’s base turbocharged 4-cylinder engine. However, the new turbo 4-cylinder in the Toyota Highlander does match the 310 lb-ft of torque. This amount of muscle is more than adequate for what most people will ask of their midsize 3-row SUVs.

Those asking for more should find the 400-horsepower V6 in the ST, King Ranch, and Platinum trims highly desirable. Yes, it enables the top towing ability of 5,600 pounds. But more excitingly, this is serious power. It’s among our favorite engines currently in production, bar none.

In the ST version, with its sport-tuned suspension and optional performance brakes, this twin-turbocharged V6 helps create that rare marriage of a family vehicle with enthusiast appeal.

For a lower-emissions approach, there’s a hybrid drivetrain making a perfectly punchy 318 horsepower. But it’s available only in the Limited and Platinum trims.

We’ve spent hundreds of hours driving and researching the current collection of midsize 3-row SUVs, including this Ford Explorer.

Uneven Interior

Ford needs to raise the quality of its cabin materials. The cheap look and feel of various components in the 2023 Explorer’s 3-row cabin don’t compare well to rivals from Kia, Hyundai, or Mazda.

The base Explorer accommodates seven occupants and 10 cup holders. A 3-position bench in the second row is replaced by a pair of captain’s chairs in the one-up-from-base XLT, making it a 6-seater. Those captain’s chairs can slide forward to maximize cargo space or move back for a comfortable 39 inches of legroom. The Kia and Hyundai contenders have more.

Somewhat less comfortable is life in the third row. Low-set cushions and 32 inches of legroom make this area better suited for younger and smaller family members. It’s among the segment’s tighter third rows.

Behind the third row is a luggage area of 18.2 cubic feet. With rows two and three folded down, the maximum cargo space is 87.8 cubic feet. That’s perfectly fine for the class. The cargo area also has a 12-volt outlet.

Favorite Features

Apple CarPlay/Android Auto
Smartphone integration is standard in every 2023 Explorer SUV. Not wireless, though, in any of the trims — which is a bit behind the times.

Double-pull hood release
It’s inevitable that we’ll need to take a look under the hood at some point. Instead of the usual release lever in the cabin and then the by-feel search-around for the other clip, this arrangement just requires pulling the hood release lever twice, and the thing is ready to lift.

10.1-inch infotainment touchscreen
This becomes available in the Limited Technology package, replacing the standard 8-inch display. Set vertically, it has swipe and pinch-to-zoom functions, plus a split-screen mode to show, for example, navigation and phone information simultaneously.

Timberline model
This is the off-roading Explorer SUV, with all-wheel drive as standard (including a terrain management system), a dedicated suspension setup, and actual metal skid plates instead of the plastic pretenses found on some off-road-wannabe rivals.

12.3-inch digital driver information display
This can be customized by the driver to show whatever information is most essential at the time. It also has a more minimal Mindful mode, cutting down on any info that might be distracting. Available in ST, King Ranch, and Platinum trims.

Active Park Assist
Sadly an option now and only available with the ST and Platinum models, this is a self-parking system that works for both parallel and perpendicular spaces. It will also drive itself out of a parallel space.

Engine & Transmission

Perhaps not the most important aspect of a midsize 3-row SUV, but the basic engine in the 2023 Explorer is among the most powerful in its class. The turbocharged 2.3-liter 4-cylinder unit makes 300 horsepower and 310 lb-ft of torque.

It only gets better from here. A twin-turbocharged 3.0-liter V6 in the ST, King Ranch, and Platinum trims develops 400 horsepower and 415 lb-ft of torque. This is also remarkable for the sector.

In its wisdom, Ford has decided to make the hybrid drivetrain available only in the Limited and Platinum trims. This setup has a total output of 318 horsepower and 322 lb-ft of torque. Power delivery and braking feel aren’t nearly as refined as the Toyota Highlander Hybrid’s, for instance.

Rear-wheel drive (RWD) is the standard configuration in most versions, with all-wheel drive (AWD) on the options list. The one exception is the Timberline, which has AWD as standard. All variants employ a 10-speed automatic transmission.

Maximum towing figures are: 5,000 pounds (hybrid), 5,300 pounds (4-cylinder engine), and 5,600 pounds (twin-turbo V6).

It’s OK to use regular gasoline with any of these engines. Fuel economy estimates from the Environmental Protection Agency (EPA) relate to 2022, although we don’t anticipate any changes for 2023.

2.3-liter turbocharged 4-cylinder engine (Base, XLT, ST-Line, Timberline, Limited)
300 horsepower @ 5,500 rpm
310 lb-ft of torque @ 3,500 rpm
EPA city/highway fuel economy: 21/28 mpg (RWD), 20/27 mpg (AWD), 19/22 mpg (Timberline AWD)

3.3-liter V6 + electric motor (Hybrid: Limited & Platinum)
318 horsepower @ 6,500 rpm
322 lb-ft of torque @ 2,500 rpm
EPA city/highway fuel economy: 27/28 mpg (RWD), 23/26 mpg (Limited AWD), 23/24 mpg (Platinum AWD)

3.0-liter twin-turbocharged V6 (ST, King Ranch, Platinum)
400 horsepower @ 5,500 rpm
415 lb-ft of torque @ 3,500 rpm
EPA city/highway fuel economy: 18/26 mpg (RWD), 18/24 mpg (AWD)

More Explorer fuel economy information is available on the EPA’s website.

3-year/36,000-mile warranty

The new-vehicle warranty on a 2023 Explorer is for 3 years or 36,000 miles, whichever happens first. The powertrain is covered for 5 years or 60,000 miles. The hybrid’s battery has its own 8-year/100,000-mile warranty.

Through the FordPass plan, three complimentary services are available, with the final one at 22,500 miles.


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2023 Ford Explorer
KBB.com Consumer Reviews

3.5
Consumer Rating
Based on 88 Consumer Reviews
Write a Review
60%Recommend this vehicle
5
45%
5
45%
4
13%
4
13%
3
14%
3
14%
2
7%
2
7%
1
22%
1
22%
Value
3.4
Performance
4.0
Quality
3.4
Comfort
4.3
Reliability
3.5
Styling
4.5

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2023 Ford Explorer Styles

Style
Price
Combined Fuel Economy
Horsepower
Seating
Cargo Capacity
Engine
Towing Capacity
Curb Weight
Drivetrain
Sport Utility 4D
$32,866
24 MPG
300 @ 5500 RPM
7
87.8 cu ft
4-Cyl, EcoBoost, Turbo, 2.3 Liter
5300 lbs
4345 lbs
RWD
XLT Sport Utility 4D
$32,980
23 MPG
300 @ 5500 RPM
7
87.8 cu ft
4-Cyl, EcoBoost, Turbo, 2.3 Liter
5300 lbs
4437 lbs
4WD
Limited Sport Utility 4D
$34,878
23 MPG
300 @ 5500 RPM
7
87.8 cu ft
4-Cyl, EcoBoost, Turbo, 2.3 Liter
5300 lbs
4437 lbs
4WD
ST-Line Sport Utility 4D
$36,713
23 MPG
300 @ 5500 RPM
7
87.8 cu ft
4-Cyl, EcoBoost, Turbo, 2.3 Liter
5300 lbs
4437 lbs
4WD
Timberline Sport Utility 4D
$37,252
20 MPG
300 @ 5500 RPM
7
87.8 cu ft
4-Cyl, EcoBoost, Turbo, 2.3 Liter
5300 lbs
4437 lbs
4WD
Platinum Sport Utility 4D
$40,525
20 MPG
400 @ 5500 RPM
7
87.8 cu ft
V6, EcoBoost, Twin Turbo, 3.0 Liter
5600 lbs
4701 lbs
4WD
King Ranch Sport Utility 4D
$41,290
20 MPG
400 @ 5500 RPM
7
87.8 cu ft
V6, EcoBoost, Twin Turbo, 3.0 Liter
5600 lbs
4701 lbs
4WD
Limited HEV Sport Utility 4D
$41,536
25 MPG
318 @ 6500 RPM
7
87.8 cu ft
V6, Hybrid, 3.3 Liter
5000 lbs
5076 lbs
4WD
ST Sport Utility 4D
$42,092
20 MPG
400 @ 5500 RPM
7
87.8 cu ft
V6, EcoBoost, Twin Turbo, 3.0 Liter
5600 lbs
4701 lbs
4WD
Platinum HEV Sport Utility 4D
$45,201
23 MPG
318 @ 6500 RPM
7
87.8 cu ft
V6, Hybrid, 3.3 Liter
5000 lbs
5076 lbs
4WD
See Full Specs for All 2023 Ford Explorer Styles
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2023 Ford Explorer Depreciation

A 2023 Ford Explorer has depreciated $7,099 or 18% in the last 2 years and has a current resale value of $31,256 and trade-in value of $27,358.

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2023 Ford Explorer
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2023 Ford Explorer Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$38,355
$38,355
2024
$2,780
$35,575
$31,477
Now
$4,319
$31,256
$27,358
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 Ford Explorer Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
4345 lbs.
EPA Passenger
152.7 cu.ft.
Fuel Capacity
17.9 gallons
Front Head Room
40.7 inches
Front Leg Room
43.0 inches
Max Seating Capacity
7
Minimum Ground Clearance
7.9 inches
Overall Length
198.8 inches
Front Shoulder Room
61.8 inches
Towing Capacity, Maximum
5300 lbs.
Trunk or Cargo Capacity
87.8 cu.ft.
Turning Diameter
38.7 feet
Wheel Base
119.1 inches
Gross Vehicle Weight Rating (GVWR)
6020 lbs.
Payload Capacity
1510 lbs.
Width with mirrors
89.3 inches

Exterior

Alloy Wheels
Available
Number of Doors
4 doors
Privacy Glass
Available
LED Headlights
Available
Rear Spoiler
Available

Fuel Economy

City
21 mpg
Highway
28 mpg
Combined
24 mpg

Mechanical

Drivetrain
RWD
Transmission Type
Automatic
10 speed
Available
Recommended Fuel
Regular
Hill Descent Control
Available
Hill Start Assist
Available

Performance

Horsepower
300 @ 5500 RPM
Torque
310 @ 3500 rpm
Engine
4-Cyl, EcoBoost, Turbo, 2.3 Liter

Warranty

Basic
3 years / 36000 miles
Powertrain
5 years / 60000 miles
Corrosion
5 years / Unlimited miles

Comfort & Convenience

  • Climate Control Air Conditioning

Entertainment

  • MP3 Player
  • Satellite Radio

Interior

  • Power Windows
  • Rear Window Defroster
  • 12V Power Outlet
  • Power Outlet
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Third Row Seat
  • Folding Rear Seat
  • Cloth Seats
  • Power Driver's Seat

Technology

  • Cruise Control
  • Hands Free Phone
  • Remote Keyless Entry
  • Internet Access
  • Smartphone Interface
  • Touch Screen Monitor
  • USB Port
  • Voice Recognition System

2023 Ford Explorer Safety

2023 Ford Explorer Safety Technology

Co-Pilot360

These standard driver assistance features under the overall Co-Pilot360 term include forward collision warning with automatic emergency braking and pedestrian detection, blind-spot monitoring with cross-traffic alert, lane-keeping assistance, and automatic high beams. Every new Explorer also comes with rear parking sensors and side wind stabilization.

Co-Pilot360 Assist+

Standard at the Limited trim level and optional in the three trims directly below, this package brings adaptive cruise control with stop/go and lane centering, evasive steering assistance, plus voice-controlled navigation.

Speed Sign Recognition

This is included with the Co-Pilot360 Assist+ bundle. Although it seems pretty straightforward, there’s an interesting twist. As well as “reading” speed limit signs and — when adaptive cruise control is being employed — bringing the Explorer down to that velocity, it allows a bit of leeway if the driver sets the desired speed a few miles per hour above that posted limit.

5.0

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Frontal Crash
5.0
Side Barrier
5.0
Rollover Rating
4.0
Side Crash
5.0

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Used 2023
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Subaru Outback
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Kia Sorento
See Details
Price
$32,866
$31,319
$27,967
$27,942
KBB.com Rating
3.8
4.4
4.6
4.7
Consumer Rating
3.5
4.6
3.9
3.9
Fuel Economy
City 21/Hwy 28/Comb 24 MPG
City 40/Hwy 37/Comb 39 MPG
City 26/Hwy 32/Comb 28 MPG
City 24/Hwy 29/Comb 26 MPG
Fuel Type
Gas
N/A
N/A
N/A
Safety Rating
5.0
5.0
5.0
4.0
Seating Capacity7557
Basic Warranty
3 years or 36000 miles
3 years or 36000 miles
3 years or 36000 miles
5 years or 60000 miles
Horsepower
300 @ 5500 RPM
219 @ 5700 RPM
182 @ 5800 RPM
191 @ 6100 RPM
Engine
4-Cyl, EcoBoost, Turbo, 2.3 Liter
4-Cyl, Hybrid, 2.5 Liter
4-Cyl, 2.5 Liter
4-Cyl, GDI, 2.5 Liter
Drivetrain
RWD
AWD
AWD
FWD

2023 Ford Explorer Rankings

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FAQs

How much is a 2023 Ford Explorer?

Prices of the 2023 Explorer 3-row SUV start at $36,760 for the rear-drive base model, going up to $54,275 for the top Platinum trim. These prices are before options and destination charges.

Is the 2023 Ford Explorer a good SUV?

We like the way the 2023 Explorer SUV drives and the powerful engines available. It’s not the most well-rounded package in its class, however.

How much can a 2023 Ford Explorer tow?

The 2023 Explorer midsize SUV can tow a maximum of 5,600 pounds — with the twin-turbocharged V6 engine and the right trailering equipment. Not many rivals can pull as much. The turbo 4-cylinder engine is rated at 5,300 pounds, while the Explorer Hybrid can still handle 5,000 pounds.

What is the MPG for a 2023 Ford Explorer?

2023 Ford Explorer city/highway fuel economy ratings range from 18/24 mpg to 21/28 mpg, depending on trim and equipment.

How much should a 2023 Ford Explorer cost?

Used 2023 Ford Explorer prices currently range from $32,866 for the Sport Utility 4D to $45,201 for the Platinum HEV Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Ford Explorer?

The cheapest 2023 Ford Explorer is the Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $32,866.

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