This vehicle is no longer listed, so the estimate starts from $32,930 — 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

$587

per month

60 months · 7.0% APR · $3,293 down

Amount financed

$29,637

Total interest

$5,583

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 1FM5K7HC8PGA14023

Trim

Platinum

Engine

3.0L · V6

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

✓ 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 $12,473

Fuel $11,650

Insurance $9,200

Maintenance & repairs $2,000

Total, 5 years $35,323

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 firmed $439 in that span.

Apr May Jun Jul Aug Sep

Monthly price table

Month	Typical price
April 2026	$32,786
May 2026	$32,660
June 2026	$32,497
July 2026	$32,218
August 2026	$31,998
September 2026	$33,225

How it compares to rivals

Median asking price for comparable body styles listed near this car

Model	Median price	For sale nearby	vs this car
2023 Ford Explorer Platinum (this car)	$32,930	14	—
2023 Nissan Rogue	$20,574	26	−$12,356
2022 Jeep Wrangler	$28,217	20	−$4,713
2023 Jeep Grand Cherokee	$27,418	19	−$5,512
2024 Chevrolet Equinox	$22,217	17	−$10,713
2024 Hyundai Palisade	$31,068	13	−$1,862

Cheapest active listings of each comparable body style in this region — median of what those models actually ask.

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	4,588	$51,419	100%	—
2026	24,245	$49,618	96%	689 mi
2025	3,937	$39,996	78%	20,510 mi
2024	1,983	$35,223	69%	29,128 mi
2023	5,570	$31,995	62%	42,873 mi
2022	3,934	$28,476	55%	61,737 mi
2021	2,513	$23,998	47%	79,608 mi
2020	3,557	$22,195	43%	87,122 mi