The 2020 Ford Explorer may be a significant improvement over the outgoing model, but those improvements do come at a cost. Up to $8,115 in fact.
Cars Direct recently found the order guide for the new Explorer, and in it, the pricing details for all new Explorer models.
Buyers of the entry-level 2020 Explorer will need to part ways with $33,860, including the $1095 destination charge. That’s a $400 increase over last year. Which is very modest when you consider all the new features the 2020 model has, including automatic emergency braking as standard.
Moving up in the range is the Explorer XLT that’s priced from $37,770. That’s a considerable $2,275 price increase over the 2019 model. The price jumps continue with the Explorer Limited, up $5,365 from the previous-gen, bringing the base price to $49,225, while the range-topping Platinum boasts a $59,345 sticker, $4,085 more over the 2019MY.
Some of these price jumps are quite substantial, but they’re not as wild as things get. Instead, it is the Explorer ST that experiences the largest jump in price over its predecessor, the 2019 Explorer Sport. Priced from $55,835, the ST is $8,115 more expensive. However, we will give Ford a pass for this one as the ST is much more performance-oriented than the Explorer Sport ever was and utilizes a 3.0-liter EcoBoost engine with 400 hp and 415 lb-ft (562 Nm) of torque.
In addition, the 2020 Explorer ST has a quick-shifting 10-speed automatic transmission as standard, which works alongside a four-wheel drive system with selectable traction control. Buyers will also find bold new styling elements across the exterior and a number of sporty trimmings throughout the cabin.
Are these price hikes enough to deter you from buying the new, much improved 2020 Explorer? Sound off in the comments section right below.