How much is a new 2020 Ford Explorer? The 2020 Ford Explorer is a popular mid-size SUV that offers a combination of comfort, technology, and performance. If you’re considering purchasing this vehicle, it’s important to understand the price range and what factors can affect the final cost.
The starting price for a new 2020 Ford Explorer is around $31,000, but this can vary depending on the trim level, options, and location. The base model, the Explorer SE, is the most affordable option, while the top-tier Explorer Limited offers the most features and luxury amenities.
When it comes to trim levels, the 2020 Ford Explorer is available in five different models: SE, SEL, XLT, Limited, and Platinum. Each trim level has its own set of features and price point. For example, the SEL trim offers additional features like a power liftgate, 18-inch aluminum-alloy wheels, and a 10-way power-adjustable driver’s seat.
If you’re looking for the highest level of luxury, the Limited and Platinum trims are your best options. The Limited trim includes features like a hands-free liftgate, 20-inch aluminum-alloy wheels, and a hands-free liftgate. The Platinum trim takes it a step further with a panoramic roof, adaptive cruise control, and a 12-way power-adjustable passenger seat.
When considering the purchase of a new 2020 Ford Explorer, it’s also important to factor in additional costs such as destination fees, taxes, and financing. Destination fees are a standard charge that covers the cost of transporting the vehicle from the factory to the dealership, and they typically range from $995 to $1,095. Taxes and financing costs will vary based on your location and creditworthiness.
Another factor that can affect the price of a new 2020 Ford Explorer is the availability of special offers and incentives. Ford often offers rebates, financing deals, and lease specials that can help lower the overall cost of ownership. Be sure to check with your local dealership for the latest promotions and incentives.
Finally, it’s worth considering the value of a new 2020 Ford Explorer in terms of its resale value. The Explorer has a reputation for being a reliable and durable vehicle, which can help maintain its resale value over time. According to Kelley Blue Book, the 2020 Ford Explorer has a predicted resale value of approximately 55% after five years.
In conclusion, the cost of a new 2020 Ford Explorer can vary widely depending on the trim level, options, and location. However, with a starting price of around $31,000 and a wide range of features and amenities, the Explorer is a great choice for those looking for a mid-size SUV that offers comfort, technology, and performance. Be sure to research and compare prices, and take advantage of any special offers or incentives to get the best deal on your new Ford Explorer.
