2020 Ford Explorer: trims, real prices & how to pick yours

34 builds left the factory as a 2020 Explorer, each a different combination of engine, transmission and body identified by the first eight characters of its VIN. The 14 main configurations sell for $8,828–$33,998 today.

  • 14 main configurations
  • 123,111 vehicles built
  • 3,505 for sale right now
  • $8,828–$33,998 typical price range

Which Explorer is yours?

Enter a VIN — the 17 characters on the windshield or the title — and we’ll match it to its exact factory configuration, typical price and equipment.

Works with any VIN — a different year or model takes you straight to its own page.

Pick your Explorer

What actually differs

XLT · 4WD ST · 4WD XLT · RWD Limited · 4WD
Engine 2.3L 4-cyl 3L 6-cyl 2.3L 4-cyl 2.3L 4-cyl
Drivetrain Four-wheel drive Four-wheel drive Rear-wheel drive Four-wheel drive
Typical price today $20,999 $26,880 $19,250 $22,475
For sale right now 1,167 671 462 397
Vehicles built 41,957 21,326 21,316 13,396
Same on every 2020 Explorer
  • Power 270 hp
  • Transmission Automatic
  • Fuel Gasoline
  • Body Sport Utility Vehicle (SUV)
  • Seats 7
  • Doors 4-door

What people actually pay

5,482 price observations · updated Aug 30, 2026
XLT · 4WD
$20,999
ST · 4WD
$26,880
XLT · RWD
$19,250
Limited · 4WD
$22,475
Platinum · 4WD
$26,200
Limited · RWD
$20,989
$8,563 $15,177 $21,791 $28,404 $35,018
Price trend

Median down $1,306 over the last 12 months.

2020 Explorer price history →
Will it hold value?

A Explorer typically keeps about 45% of its price over 5 years — a 5-year-old one runs about $9,999 today.

Explorer depreciation by year →
Cost to run

20/27 mpg city/highway. Roughly $2,020/yr on fuel at 15,000 miles.

EPA estimate for the 2020 Explorer

Safety, in plain English

NHTSA overall crash rating

★★★★★ 5 / 5

32 recalls on file for this model year — check any specific VIN before you buy.

Driver assistance — varies by configuration
  • ✓ Warns you before a crash
  • ✓ Brakes for you in an emergency
  • ✓ Watches your blind spot
  • ✓ Warns when you drift from your lane
  • ✓ Steers you back into the lane
  • ✓ Keeps distance on the highway
Decoded from NHTSA build records.

What 1FMSK8FH-L means

1FM SK8FH · L
1FM
the World Manufacturer Identifier Ford registered — assembled in the United States
SK8FH
together encode the Explorer line — Sport Utility Vehicle (SUV), 2.3L 4cyl, Four-wheel drive — as Ford filed it, these five characters are read as one block, not letter by letter
L
in position 10 — model year 2020
9, 11–17
differ on every car: check digit, plant code and the serial number
20 rare configurations — mostly fleet, export or irregular VIN patterns. Fewer than 20 known vehicles each.

Already looking at a specific Explorer?

Paste its VIN — we’ll open that exact car’s page: its configuration, market position and every listing we’ve tracked.

2020 Ford Explorer prices →