Market retention
Ford Explorer value after 10 years.
A 2016 Ford Explorer is worth about $8,881–$14,117 today, depending on trim. That's 66.6% to 74% below original MSRP.
Typical asking price
$8,881–$14,117
Compared with the original MSRP for the same trim.
Newest market year
2026
Typical asking price $43,290
Price today by trim
$8,881–$14,117
Current market range for matching trims
Price vs. original MSRP
66.6% to 74% below original MSRP
6 matching trims in 2016
Observed market data
Current market value by model year.
Each bar compares a year's typical asking price, at typical mileage, with the newest Ford Explorer in this study.
2026
Newest year
$43,290 100%2025
1 years old
$41,131 95%2024
2 years old
$33,501 77%2023
3 years old
$31,938 74%2022
4 years old
$28,328 65%2021
5 years old
$25,086 58%2020
6 years old
$22,711 52%2019
7 years old
$18,046 42%2018
8 years old
$16,436 38%2017
9 years old
$14,245 33%2016
10 years old
$12,371 29%
Need the numbers behind this chart? Download the observed data and methodology (JSON).
How to read this
This study compares similarly adjusted listings from different model years today. It shows the shape of today's market—not a guarantee about a specific vehicle's future value.
Long-term estimate
12-year value outlook.
Observed rows use current listings. Later rows extend the measured annual decline and are clearly marked as projected.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 0 | 2026 | 0 | $43,290 | 100% | Market |
| 1 | 2025 | 12,000 | $41,131 | 95% | Market |
| 2 | 2024 | 24,000 | $33,501 | 77% | Market |
| 3 | 2023 | 36,000 | $31,938 | 74% | Market |
| 4 | 2022 | 48,000 | $28,328 | 65% | Market |
| 5 | 2021 | 60,000 | $25,086 | 58% | Market |
| 6 | 2020 | 72,000 | $22,711 | 52% | Market |
| 7 | 2019 | 84,000 | $18,046 | 42% | Market |
| 8 | 2018 | 96,000 | $16,436 | 38% | Market |
| 9 | 2017 | 108,000 | $14,245 | 33% | Market |
| 10 | 2016 | 120,000 | $12,371 | 29% | Market |
| 11 | 2015 | 132,000 | $10,672 | 25% | Projected |
Mileage assumes approx. 12,000 mi/yr. Projected values extend the observed market trend and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Common questions
Ford Explorer market-value FAQ.
How does Ford Explorer market value vary by model year?
This study compares typical asking prices, at typical mileage, across Ford Explorer model years. It is a snapshot of what listings ask, not the resale history of one vehicle.
What is a 2016 Ford Explorer worth compared with its original MSRP?
A 2016 Ford Explorer is worth about $8,881–$14,117 today, depending on trim. Compared with original MSRP, values run 66.6% to 74% below original MSRP.
What will a Ford Explorer be worth at 11 years old?
Extending the observed market trend, a 11-year-old Ford Explorer (around 132,000 miles) would be worth about $10,672—roughly 25% of the newest model year's value. A projection, not a guarantee.
Cross-sectional market-value estimate from live listings, adjusted for mileage · updated 11/1/2026. Estimates only; your car's value depends on condition, options, and location.