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Updated October 2026

2020 Ford Explorer value in Canada

A 2020 Ford Explorer XLT with 110,000 km is worth about $21,850–$23,400 in a private sale in Canada, and about $16,200 as a trade-in at a dealer (Offro estimate, October 2026). Dealers list the same car for $22,400–$27,300. Trim, mileage, condition and province all move the number — see the tables below.

How much is a 2020 Ford Explorer worth by trim and mileage?

At 110,000 km, the ST is worth the most (about $28,450 privately) and the XLT the least (about $23,400).

XLT

65,000
$25,450–$26,850Trade-in $19,750
110,000
$21,850–$23,400Trade-in $16,200
155,000
$18,550–$20,050Trade-in $13,200

Limited

65,000
$27,850–$29,450Trade-in $21,650
110,000
$23,550–$25,250Trade-in $17,400
155,000
$19,950–$21,600Trade-in $14,200

ST

65,000
$31,450–$32,950Trade-in $25,150
110,000
$27,200–$28,450Trade-in $21,650
155,000
$22,550–$23,900Trade-in $17,250

Platinum

65,000
$31,000–$31,300Trade-in $27,150
110,000
$27,000–$27,100Trade-in $23,850
155,000
$22,400–$22,800Trade-in $19,000

How much does mileage change the value?

Going from 65,000 km to 155,000 km takes about $6,800 (25%) off the private-sale price of a 2020 Explorer XLT.

Does condition or an accident change the price?

A clean Explorer sells for about $200 more than an average one.

Rough

Private sale
$20,300–$22,700
Trade-in
$13,000

Average

Private sale
$21,850–$23,400
Trade-in
$16,200

Clean

Private sale
$22,300–$23,600
Trade-in
$17,100

With an accident

Private sale
$21,800–$23,400
Trade-in
$16,100

Is a 2020 Ford Explorer worth more in Quebec, Ontario or the West?

It sells for the most in British Columbia (about $24,450) and the least in Quebec (about $22,450).

British Columbia

Private sale
$22,700–$24,450
Trade-in
$16,650

Alberta

Private sale
$22,750–$24,350
Trade-in
$16,950

Ontario

Private sale
$21,850–$23,400
Trade-in
$16,200

Nova Scotia

Private sale
$20,850–$22,550
Trade-in
$14,950

Quebec

Private sale
$21,150–$22,450
Trade-in
$16,050

What will a 2020 Ford Explorer be worth next year?

If you drive about 17,000 km, expect roughly $19,450–$20,500 in a private sale by October 2027, about $2,900 less than today. This is a projection, not an offer.

Trade-in, private sale or dealer price: what's the difference?

The trade-in value is what a dealer would likely pay you for the car today. The private-sale range is what to list it at: the low end sells in about 2 weeks, the high end in about 6. The dealer price is what dealers ask when they resell the same car, which includes their reconditioning, warranty and margin.

How does Offro calculate these values?

Offro's price models learn from hundreds of thousands of real vehicle sales and dealer listings across Canada, and we retrain them every week. Each value on this page is the model's estimate for the exact trim, mileage, condition and province shown. Your car's options, history and condition can move it, so get a free estimate for your exact car.

Frequently asked questions

How much is a 2020 Ford Explorer worth?

A 2020 Ford Explorer XLT with 110,000 km is worth about $21,850–$23,400 in a private sale in Canada, and about $16,200 as a trade-in at a dealer (Offro estimate, October 2026). Dealers list the same car for $22,400–$27,300. Trim, mileage, condition and province all move the number — see the tables below.

What is the trade-in value of a 2020 Ford Explorer?

About $16,200 for a XLT with 110,000 km in average condition, in a range of $15,400 to $19,900 depending on the car.

What should I list my 2020 Explorer for?

List at about $23,400 to sell in around 6 weeks, or about $21,850 to sell in around 2 weeks.

How many km is normal for a 2020 Explorer?

About 110,000 km. Canadians drive roughly 17,000 km a year.

Which 2020 Explorer trim is worth the most?

The ST, at about $28,450 privately with 110,000 km.

Can I sell my Explorer to Offro?

In Quebec, Offro can make you a cash offer. Elsewhere in Canada, we can help you sell it for more than a trade-in. Start with a free estimate.

Other years

All Ford Explorer yearsUsed Ford values

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