This vehicle is no longer listed, so the estimate starts from $30,199 — the typical market price for this build. Move the numbers to match your own loan.

Vehicle price

Down payment

10% down

Interest rate (APR)

7.0% is a typical rate for a well-qualified buyer — use your own quote if you have one.

Loan term

Estimated monthly payment

$538

per month

60 months · 7.0% APR · $3,020 down

Amount financed

$27,179

Total interest

$5,101

Estimate only. Excludes tax, title, registration and dealer fees, and assumes a fixed-rate loan with equal monthly payments. Your actual rate depends on your credit and lender.

Decoded from the VIN

NHTSA build data for 1FM5K7FW8PNA04228

Trim

Limited

Engine

3.3L · V4

Drivetrain

RWD/Rear-Wheel Drive

Transmission

Automatic

Body

Sport Utility Vehicle (SUV)/Multi-Purpose Vehicle (MPV)

Fuel

Gasoline

Doors

Model year

2023

Made by

FORD MOTOR COMPANY

Full factory specs for this build →

✓ Backup camera
✓ Blind-spot monitor
✓ Lane departure
✓ ABS
✓ Electronic stability

Fuel economy (EPA)

Combined

MPG

City

MPG

Highway

MPG

$2,330 /yr est. fuel

Assumes 15,000 miles a year at $3.10/gallon and 20 MPG combined.

5-year cost to own

Beyond the sticker: what this 2023 Ford Explorer likely costs over five years at 15,000 mi/yr.

Depreciation $11,439

Fuel $11,650

Insurance $9,200

Maintenance & repairs $2,000

Total, 5 years $34,289

Estimate — insurance and taxes vary by driver and state.

Safety & recalls

NHTSA crash tests & recall campaigns for this model year

The 2023 Ford Explorer has 15 recall campaigns as of August 2026. NHTSA rated it 5 out of 5 stars overall. EPA combined fuel economy: 20 MPG.

Overall

★★★★★

5 of 5 · NHTSA

Frontal crash

★★★★★

5 of 5 · NHTSA

Side crash

★★★★★

5 of 5 · NHTSA

Rollover

★★★★☆

4 of 5 · NHTSA

Tested configuration: 2023 Ford Explorer SUV 4WD

15 recall campaigns on this model year

Check accident & title history →

BACK OVER PREVENTION

Ford Motor Company (Ford) is recalling certain 2020-2023 Explorer, Lincoln Aviator, and 2020-2022 Lincoln Corsair vehicles equipped with a 360-degree camera.

NHTSA campaign 23V022000
POWER TRAIN

Ford Motor Company (Ford) is recalling certain 2022-2023 F-150, Mustang, Explorer, Bronco, and 2023 Lincoln Aviator vehicles equipped with automatic transmissions.

NHTSA campaign 23V070000
BACK OVER PREVENTION

Ford Motor Company (Ford) is recalling certain 2020-2023 Explorer, Lincoln Aviator, and 2020-2022 Lincoln Corsair vehicles equipped with a 360-degree camera.

NHTSA campaign 23V342000

Recall campaigns apply to the model year, not to one car. Check remedy status for this VIN at nhtsa.gov/recalls.

Model-level data for the 2023 Ford Explorer from NHTSA (recalls, NCAP crash tests) and EPA fueleconomy.gov, refreshed August 27, 2026.

Where the price is heading

Typical asking price for a 2023 Ford Explorer over the last 6 months — the market softened $788 in that span.

Apr May Jun Jul Aug Sep

Monthly price table

Month	Typical price
April 2026	$32,786
May 2026	$32,617
June 2026	$32,492
July 2026	$32,182
August 2026	$31,995
September 2026	$31,998

Market by model year

Gen 4 · 2020–present

What each model year costs right now — live supply, median asking price and how much value each year keeps versus the newest one.

Year	Units for sale	Median price	vs newest	Avg mileage
2027	7,070	$50,865	100%	—
2026	21,998	$49,998	98%	752 mi
2025	3,683	$39,900	78%	21,671 mi
2024	2,002	$35,076	69%	29,760 mi
2023	5,496	$31,991	63%	42,764 mi
2022	3,886	$28,350	56%	61,514 mi
2021	2,423	$23,988	47%	80,087 mi
2020	3,422	$22,134	44%	86,432 mi