What To Know
- At the pinnacle of luxury, the Platinum trim, starting at $56,495, boasts premium features like massaging front seats, a head-up display, and a premium Bang &.
- 0L EcoBoost engine in the ST trim or the hybrid powertrain in the Limited and Platinum trims.
- In addition to the MSRP, you’ll need to factor in the destination charge, which covers the cost of transporting the vehicle from the factory to the dealership.
The Ford Explorer, a perennial favorite in the mid-size SUV segment, has consistently impressed with its blend of capability, comfort, and technology. But one question remains on the minds of potential buyers: how much is the Ford Explorer going to be? This guide delves into the pricing structure of the 2023 Ford Explorer, exploring various trims, options, and factors that influence the final cost.
Base Price and Trim Levels
The 2023 Ford Explorer comes in six distinct trim levels, each offering a unique blend of features and price points:
- Explorer Base: Starting at an MSRP of $36,995, the Base trim offers a solid foundation with standard features like a 2.3L EcoBoost engine, an 8-inch touchscreen, and Ford Co-Pilot360 driver-assist technology.
- Explorer XLT: Priced from $40,595, the XLT trim adds enhanced comfort and convenience features such as heated front seats, a power liftgate, and a larger 10.25-inch touchscreen.
- Explorer Limited: Stepping up to the Limited trim, starting at $47,495, brings luxury appointments like leather upholstery, a panoramic sunroof, and a premium sound system.
- Explorer Timberline: For those seeking off-road prowess, the Timberline trim, starting at $49,495, offers rugged styling, a unique suspension setup, and all-terrain tires.
- Explorer ST: The sporty ST trim, starting at $52,495, delivers a powerful 3.0L EcoBoost engine, a sport-tuned suspension, and aggressive styling cues.
- Explorer Platinum: At the pinnacle of luxury, the Platinum trim, starting at $56,495, boasts premium features like massaging front seats, a head-up display, and a premium Bang & Olufsen sound system.
Options and Packages
Beyond the base trim prices, various options and packages can further customize your Ford Explorer and impact the final cost. These include:
- Powertrain Options: While the standard 2.3L EcoBoost engine provides ample power, you can opt for the more potent 3.0L EcoBoost engine in the ST trim or the hybrid powertrain in the Limited and Platinum trims.
- Technology Packages: Enhancements like a larger touchscreen, a premium sound system, and advanced driver-assist features are available as optional packages.
- Appearance Packages: Customize the exterior with options like unique wheel designs, roof rails, and different color schemes.
- Interior Upgrades: Enhance comfort and luxury with features like heated and ventilated seats, a heated steering wheel, and a premium interior trim.
Destination Charge and Taxes
In addition to the MSRP, you’ll need to factor in the destination charge, which covers the cost of transporting the vehicle from the factory to the dealership. This charge typically ranges from $1,295 to $1,495 depending on the trim level.
Furthermore, local taxes and registration fees will also be added to the final price. These vary significantly depending on your state and county.
Impact of Demand and Availability
The current automotive market is characterized by supply chain constraints and high demand. This can lead to price fluctuations and potential markups at dealerships. It’s crucial to research current market conditions and negotiate with dealerships to secure the best possible price.
Factors Influencing Price
Several factors can influence the price of a Ford Explorer, including:
- Trim Level: As mentioned earlier, the chosen trim level significantly impacts the base price.
- Options and Packages: Additional features and upgrades can add substantial costs to the final price.
- Location: Dealership markup and local taxes can vary depending on your geographic location.
- Market Conditions: Supply and demand fluctuations can impact pricing, especially in a tight market.
- Negotiation Skills: Your negotiation skills can play a crucial role in securing a favorable price.
Final Thoughts: Exploring the Cost of Ownership
While the initial purchase price is a significant factor, it’s essential to consider the long-term cost of ownership when evaluating the Ford Explorer. Factors like fuel efficiency, maintenance costs, and insurance premiums all contribute to the overall expense of owning the vehicle.
The Ford Explorer‘s reputation for reliability and fuel efficiency can help mitigate these costs. However, it’s crucial to research and compare these factors to make an informed decision.
Beyond the Price Tag: Unveiling the Value Proposition
The Ford Explorer offers a compelling value proposition beyond its price tag. Its spacious interior, capable performance, and advanced technology features make it a versatile and desirable SUV. The various trim levels cater to a wide range of needs and budgets, ensuring there’s an Explorer for everyone.
By considering the factors outlined above and carefully evaluating the value proposition, you can make an informed decision about whether the Ford Explorer is the right fit for your needs and budget.
Frequently Asked Questions
Q: What is the average fuel economy of the Ford Explorer?
A: The fuel economy varies depending on the engine and trim level. The 2.3L EcoBoost engine typically achieves around 22 mpg city and 29 mpg highway, while the 3.0L EcoBoost engine gets around 18 mpg city and 24 mpg highway. The hybrid powertrain offers significantly better fuel economy, with an estimated 27 mpg city and 29 mpg highway.
Q: Is the Ford Explorer reliable?
A: The Ford Explorer has generally been praised for its reliability. According to J.D. Power, the Explorer consistently ranks above average in terms of reliability.
Q: What is the warranty coverage on the Ford Explorer?
A: The 2023 Ford Explorer comes with a 3-year/36,000-mile bumper-to-bumper warranty and a 5-year/60,000-mile powertrain warranty.
Q: What are the safety ratings of the Ford Explorer?
A: The Ford Explorer has received top safety ratings from the IIHS and NHTSA. It comes standard with a comprehensive suite of driver-assist technologies, including automatic emergency braking, lane departure warning, and blind spot monitoring.
Q: What are the available color options for the Ford Explorer?
A: The Ford Explorer is available in a variety of colors, including:
- Agate Black Metallic
- Atlas Blue Metallic
- Carbonized Gray Metallic
- Ceramic Metallic
- Rapid Red Metallic
- Star White Metallic
- Iconic Silver Metallic
- Oxford White
- Dark Matter Gray Metallic
- Rapid Red Metallic (ST trim only)
The specific color options may vary depending on the trim level and model year.
