Updated October 2026

2023 Ford Explorer value in Canada

A 2023 Ford Explorer XLT with 60,000 km is worth about $33,950–$34,700 in a private sale in Canada, and about $29,000 as a trade-in at a dealer (Offro estimate, October 2026). Dealers list the same car for $33,400–$36,600. Trim, mileage, condition and province all move the number — see the tables below.

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How much is a 2023 Ford Explorer worth by trim and mileage?

At 60,000 km, the ST is worth the most (about $44,900 privately) and the XLT the least (about $34,700).

Trim	35,000	60,000	85,000
XLT	$36,700–$37,600Trade-in $31,150	$33,950–$34,700Trade-in $29,000	$31,500–$32,350Trade-in $26,500
ST-Line	$41,050–$41,750Trade-in $35,600	$38,250–$39,000Trade-in $33,000	$35,150–$36,150Trade-in $29,600
Limited	$40,100–$41,100Trade-in $34,150	$37,150–$38,100Trade-in $31,450	$34,200–$35,350Trade-in $28,400
Timberline	$43,050–$43,950Trade-in $36,700	$40,450–$41,500Trade-in $34,350	$36,950–$38,150Trade-in $30,850
ST	$46,750–$47,300Trade-in $40,950	$44,350–$44,900Trade-in $38,650	$38,900–$39,950Trade-in $32,950

XLT

35,000: $36,700–$37,600Trade-in $31,150
60,000: $33,950–$34,700Trade-in $29,000
85,000: $31,500–$32,350Trade-in $26,500

ST-Line

35,000: $41,050–$41,750Trade-in $35,600
60,000: $38,250–$39,000Trade-in $33,000
85,000: $35,150–$36,150Trade-in $29,600

Limited

35,000: $40,100–$41,100Trade-in $34,150
60,000: $37,150–$38,100Trade-in $31,450
85,000: $34,200–$35,350Trade-in $28,400

Timberline

35,000: $43,050–$43,950Trade-in $36,700
60,000: $40,450–$41,500Trade-in $34,350
85,000: $36,950–$38,150Trade-in $30,850

35,000: $46,750–$47,300Trade-in $40,950
60,000: $44,350–$44,900Trade-in $38,650
85,000: $38,900–$39,950Trade-in $32,950

How much does mileage change the value?

Going from 35,000 km to 85,000 km takes about $5,250 (14%) off the private-sale price of a 2023 Explorer XLT.

Does condition or an accident change the price?

A clean Explorer sells for about $350 more than an average one.

Condition	Private sale	Trade-in
Rough	$32,450–$34,050	$25,900
Average	$33,950–$34,700	$29,000
Clean	$34,700–$35,050	$30,500
With an accident	$33,900–$34,700	$28,850

Rough

Private sale: $32,450–$34,050
Trade-in: $25,900

Average

Private sale: $33,950–$34,700
Trade-in: $29,000

Clean

Private sale: $34,700–$35,050
Trade-in: $30,500

With an accident

Private sale: $33,900–$34,700
Trade-in: $28,850

Is a 2023 Ford Explorer worth more in Quebec, Ontario or the West?

It sells for the most in British Columbia (about $35,650) and the least in Nova Scotia (about $34,450).

Province	Private sale	Trade-in
British Columbia	$34,750–$35,650	$29,300
Alberta	$34,850–$35,650	$29,650
Ontario	$33,950–$34,700	$29,000
Quebec	$33,800–$34,500	$28,950
Nova Scotia	$33,300–$34,450	$27,600

British Columbia

Private sale: $34,750–$35,650
Trade-in: $29,300

Alberta

Private sale: $34,850–$35,650
Trade-in: $29,650

Ontario

Private sale: $33,950–$34,700
Trade-in: $29,000

Quebec

Private sale: $33,800–$34,500
Trade-in: $28,950

Nova Scotia

Private sale: $33,300–$34,450
Trade-in: $27,600

What will a 2023 Ford Explorer be worth next year?

If you drive about 17,000 km, expect roughly $30,750–$31,250 in a private sale by October 2027, about $3,450 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 2023 Ford Explorer worth?

What is the trade-in value of a 2023 Ford Explorer?

About $29,000 for a XLT with 60,000 km in average condition, in a range of $25,250 to $31,050 depending on the car.

What should I list my 2023 Explorer for?

List at about $34,700 to sell in around 6 weeks, or about $33,950 to sell in around 2 weeks.

How many km is normal for a 2023 Explorer?

About 60,000 km. Canadians drive roughly 17,000 km a year.

Which 2023 Explorer trim is worth the most?

The ST, at about $44,900 privately with 60,000 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 years Used Ford values

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