How Much is a 2024 Ford Explorer Worth?
The 2024 Ford Explorer is a highly anticipated vehicle that has generated a lot of buzz in the automotive industry. As a popular SUV, many potential buyers are curious about its price. So, how much is a 2024 Ford Explorer worth? Let’s delve into the details to find out.
The 2024 Ford Explorer has a starting price of approximately $32,000. However, this figure can vary depending on the trim level, options, and location. The base model, the Explorer, offers a straightforward and affordable option for those looking for a reliable and spacious SUV. On the other hand, the top-tier Limited and Platinum trims come with a higher price tag, starting at around $47,000 and $54,000, respectively.
When considering the value of a 2024 Ford Explorer, it’s essential to take into account the various trim levels and their features. The Explorer offers several trim levels, including the base model, XLT, ST, Limited, and Platinum. Each trim level offers a unique set of features and performance capabilities, which can significantly impact the overall value of the vehicle.
For example, the Limited trim includes standard features such as a power liftgate, leather seats, and a hands-free tailgate. The Platinum trim, on the other hand, offers premium features like a 12-inch digital instrument cluster, a 14-speaker B&O Play audio system, and adaptive cruise control.
In addition to the trim levels, the 2024 Ford Explorer also offers various packages and options that can further enhance its value. These include the Adventure package, which adds features like all-weather floor mats, a rearview camera, and a power sliding second-row seat. The Technology package includes a 12-inch digital instrument cluster, a 12-inch touchscreen, and an 8-way power-adjustable driver’s seat.
When considering the value of a 2024 Ford Explorer, it’s also essential to look at the vehicle’s resale value. Ford Explorers have historically held their value well, making them a good investment for those looking for a long-term vehicle. According to Kelley Blue Book, the 2024 Ford Explorer is expected to retain about 55% of its value after five years.
In conclusion, the 2024 Ford Explorer offers a wide range of value, depending on the trim level, options, and features. With a starting price of around $32,000 and the potential to retain a significant portion of its value over time, the 2024 Ford Explorer is a worthwhile investment for those in the market for a reliable and spacious SUV.
