2018 Ford Explorer Depreciation
A 8-year-old 2018 Ford Explorer has lost about 59.9% of its roughly $35,250 original value. In the 2026 source cohort, it typically listed for around $16,786, with most listings between $13,074 and $22,272. Listed examples average 96,408 miles.
2018 Ford Explorer Price by Mileage
What buyers actually pay at different odometer readings.
How Mileage Affects 2018 Ford Explorer Price
Each dot is a real listing — price plotted against odometer reading.
| Mileage | Median price | Listings |
|---|---|---|
| 30k–50k mi | $23,990 | 9 |
| 50k–75k mi | $21,990 | 43 |
| 75k–100k mi | $18,990 | 79 |
| 100k–130k mi | $15,278 | 66 |
| Over 130k mi | $11,981 | 31 |
What's a Good Price for a 2018 Ford Explorer?
Great deal
Under $14,609
Typical
$14,609–$20,590
Overpriced
Above $20,590
Based on the middle 50% of listings — always adjust for mileage and condition.
Price Spread
Range across 231 listings.
Half of all listings fall between $14,609 and $20,590, with a median of $18,122.
Ownership & Condition
Across 231 2018 Ford Explorer listings.
Accident-free
95%
One-owner
30%
Avg owners
1.9
Personal use
65%
2018 Ford Explorer Efficiency & Specs
EPA fuel-economy and powertrain data.
Combined
20 MPG
City / Hwy
17 / 24
Fuel / year
$3,100
Fuel
Regular
Engine
3.5L 6-cyl
EPA class
Standard Sport Utility Vehicle 2WD
Depreciation by Trim
See how each 2018 Ford Explorer trim holds its value.
How the 2018 Ford Explorer Compares to Other Years
At 59.9% depreciation, the 2018 Ford Explorer sits among its neighbors on the depreciation curve. The one-year-newer 2019 has lost 56.8% (around $18,397), so stepping up a model year costs roughly $1,611 more. The older 2017 sits at 65.8% (around $14,396), so dropping back a year saves about $2,390. Buying one model year newer or older is one of the easiest ways to trade purchase price against age and remaining warranty.
Safety Ratings
NHTSA crash test ratings for the 2018 Ford Explorer.
Known Issues & Complaints
702 NHTSA complaints, 6 recalls reported.
STRUCTURE
267 complaintsThe contact owns a 2018 Ford Explorer. The contact received notification of NHTSA Campaign Number: 24V031000 (Structure); however, the part to do the recall repair was not yet available. The contact stated that while driving 65 MPH, the fro
UNKNOWN OR OTHER
134 complaintsI had 2 recalls on my 2018 Ford Explorer and when I was finally notified parts were available for both I took to dealer to have them both fixed. Ford fixed the recall (rear suspension toe link - 26S08/26V101) but could not completely repair
ENGINE
61 complaintsMy vehicles transmission has been replaced 2 times already (3 years apart)- now it is overheating. Absolutely no warning lights have came on at any time in regards to any of my situations - My vehicle is available for inspection at any time
ELECTRICAL SYSTEM
45 complaintsTotal engine failure in the Ford Explorer XLT 2.3L ecoboost.
POWER TRAIN
42 complaintsLess that 100k miles and my transmission already needs replaced. Last year my engine was sputtering making my car jerk while driving went to shop they did a total transmission fluid changed but said my transmission is likely going bad it he
ENGINE AND ENGINE COOLING
25 complaintsThe contact owns a 2018 Ford Explorer. The contact stated that while driving at an undisclosed speed, the check engine warning light illuminated. Prior to the failure, when the vehicle was started, there was an abnormal sound coming from th
Top Issues
- STRUCTURE
- UNKNOWN OR OTHER
- ENGINE
- ELECTRICAL SYSTEM
- POWER TRAIN
Buyer Red Flags
- !Recall 19V633000 (SEATS): Ford Motor Company (Ford) is recalling certain 2018-2020 F-150 and 2019-2020 F-250, F-350, F-450, and F-550 Super Duty pickup trucks, and 2018-2019 Ford Explorer, 2019-2020 Expedit
- !Recall 18V807000 (FUEL SYSTEM, GASOLINE): Ford Motor Company (Ford) is recalling certain 2018 Ford Explorer vehicles equipped with 2.3L or 3.5L GTDI engine. Due to an assembly error, the fuel pressure sensor may leak fuel.
- !Recall 21V316000 (STRUCTURE): Ford Motor Company (Ford) is recalling certain 2016-2019 Explorer vehicles. The retention pins could loosen and allow the roof rail covers to detach from the vehicle.
- !Recall 24V031000 (STRUCTURE): Ford Motor Company (Ford) is recalling certain 2011-2019 Explorer vehicles. The A-pillar trim retention clips may not be properly engaged, allowing the trim to detach.
2018 Ford Explorer Listings
Real 2018 Explorer listings on the market now.
$24,590
2018 · Silver
23,776 mi · Dallas, TX
View listing →
$23,990
2018 XLT · Black
46,347 mi · Oklahoma City, OK
View listing →
$22,990
2018 XLT · Beige
46,842 mi · Atlanta, GA
View listing →
$25,990
2018 Sport · White
54,309 mi · Dallas, TX
View listing →
$23,990
2018 Limited · Silver
59,183 mi · Dallas, TX
View listing →
$21,990
2018 XLT · Blue
59,932 mi · Buffalo, NY
View listing →
Live dealer listings, refreshed periodically. Prices and availability change.
Frequently Asked Questions
How much is a 2018 Ford Explorer worth?
A 2018 Ford Explorer is typically worth around $16,786, with most listings falling between $13,074 and $22,272. The single biggest swing factor is mileage — listed examples average about 96,408 miles, and each additional 10,000 miles shaves a few percent off the price. Condition, accident history, trim, and how many owners a car has had move the number from there. Treat the median as a fair starting point and adjust up for a clean, low-mileage, one-owner car or down for higher mileage and any reported damage.
How much has the 2018 Ford Explorer depreciated?
The 2018 Ford Explorer has lost about 59.9% of its original $35,250 base MSRP — roughly $21,115 in value, after adjusting listing prices to typical mileage for the age. Most of a car's lifetime depreciation happens in its earliest years, so a vehicle of this age has usually weathered the steepest part of the curve already. That's what makes a well-kept example at this age an efficient buy: you let the original owner absorb the fastest depreciation, then enjoy a much slower decline from here.
How many miles does a used 2018 Explorer have?
Listed 2018 Explorers average about 96,408 miles, with most between 63,840 and 127,874. As a rule of thumb, "average" mileage for any car is roughly 12,000 miles per year of age, so compare a specific listing against that benchmark. A below-average odometer commands a premium and an above-average one a discount, but a higher-mileage car with complete service records and one owner can be a better buy than a low-mileage car with gaps in its history. Consistent maintenance does more for a car's remaining lifespan than a low number on the odometer alone.
What is a good price for a 2018 Ford Explorer?
For a 2018 Ford Explorer, anything under $14,609 is a strong deal, $14,609 to $20,590 is the typical range where most cars trade, and above $20,590 is on the expensive side — those higher prices usually buy lower mileage, a certified warranty, or a premium trim. Always weigh the asking price against the car's specific mileage and condition rather than the sticker alone: a slightly higher price for a clean, one-owner, accident-free example is often money well spent. And treat a listing priced well below the range as a prompt to dig deeper — unusually cheap cars almost always have a reason, whether it's high mileage, accident history, or a branded title.
Methodology
Figures for the 2018 Ford Explorer are computed from 171 real used-car listings. Each asking price is normalized to a standard 12,000 miles per year for the car's age, adjusted by a 5% asking-to-sale estimate, and compared against the original base MSRP for that VIN's trim. Full methodology. Updated August 2026.