Ford Explorer · Cost of Ownership
Ford Explorer Costs
The average cost of owning a Ford Explorer for 5 years is $47,162. This total will vary per vehicle, driver, and location. These ownership expenses include:
Cost breakdown
5-Year Cost Breakdown
| Cost | Value | Percent |
|---|---|---|
| Depreciation | $18,449 | 39% |
| Fuel | $8,255 | 18% |
| Insurance | $8,210 | 17% |
| Interest | $7,323 | 16% |
| Maintenance | $4,925 | 10% |
Value rating
Ford Explorer CarMatch Value Rating
This grade is our unbiased financial assessment of whether the Ford Explorer is likely to be a good or poor automotive investment, based on its 5-year cost to own relative to its price. Learn more about our Value Ratings.
Depreciation
$18,44939% of 5-yr costDepreciation is the value the Ford Explorer sheds over five years — almost always the single largest cost of ownership. Models that hold their value shrink this number dramatically.
Insurance Premiums
$8,21017% of 5-yr costEstimated full-coverage insurance premiums for the Ford Explorer over five years. Your actual rate depends on driving record, location, and coverage level.
Maintenance & Repairs
$4,92510% of 5-yr costRoutine service, wear items, and out-of-warranty repairs for the Ford Explorer. EVs and simpler powertrains typically land at the low end here.
Loan Interest
$7,32316% of 5-yr costFinance charges on a typical 60-month loan for the Ford Explorer at current average APRs. A larger down payment or shorter term reduces this.
Fuel Costs
$8,25518% of 5-yr costEstimated fuel or charging cost to drive the Ford Explorer ~15,000 miles a year for five years, based on its powertrain and typical energy prices.