Market retention
Ford Explorer value after 10 years.
A 2016 Ford Explorer is worth about $9,354–$14,509 today, depending on trim. That's 66.3% to 72.6% below original MSRP.
Current fair price
$9,354–$14,509
Compared with the original MSRP for the same trim.
Newest market year
2026
Fair price $46,249
Price today by trim
$9,354–$14,509
Current market range for matching trims
Price vs. original MSRP
66.3% to 72.6% below original MSRP
6 matching trims in 2016
Observed market data
Current market value by model year.
Each bar compares a year's current fair price with the newest Ford Explorer in this study.
2026
Newest year
$46,249 100%2025
1 years old
$40,720 88%2024
2 years old
$35,291 76%2023
3 years old
$31,917 69%2022
4 years old
$28,675 62%2021
5 years old
$25,996 56%2020
6 years old
$23,278 50%2019
7 years old
$19,056 41%2018
8 years old
$16,597 36%2017
9 years old
$14,098 30%2016
10 years old
$12,927 28%
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 | $46,249 | 100% | Market |
| 1 | 2025 | 12,000 | $40,720 | 88% | Market |
| 2 | 2024 | 24,000 | $35,291 | 76% | Market |
| 3 | 2023 | 36,000 | $31,917 | 69% | Market |
| 4 | 2022 | 48,000 | $28,675 | 62% | Market |
| 5 | 2021 | 60,000 | $25,996 | 56% | Market |
| 6 | 2020 | 72,000 | $23,278 | 50% | Market |
| 7 | 2019 | 84,000 | $19,056 | 41% | Market |
| 8 | 2018 | 96,000 | $16,597 | 36% | Market |
| 9 | 2017 | 108,000 | $14,098 | 30% | Market |
| 10 | 2016 | 120,000 | $12,927 | 28% | Market |
| 11 | 2015 | 132,000 | $11,269 | 24% | Projected |
Mileage assumes ~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 mileage-adjusted fair prices across Ford Explorer model years. It is a market snapshot, 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 $9,354–$14,509 today, depending on trim. Compared with original MSRP, values run 66.3% to 72.6% 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 $11,269—roughly 24% of the newest model year's value. A projection, not a guarantee.
Cross-sectional market-value estimate from live listings, adjusted for mileage · updated 9/15/2026. Estimates only; your car's value depends on condition, options, and location.