2022 Ford Explorer Depreciation
A 4-year-old 2022 Ford Explorer has lost about 35.9% of its roughly $40,570 original value. In the 2026 source cohort, it typically listed for around $28,075, with most listings between $24,180 and $33,639. Listed examples average 60,076 miles.
2022 Ford Explorer Price by Mileage
What buyers actually pay at different odometer readings.
How Mileage Affects 2022 Ford Explorer Price
Each dot is a real listing — price plotted against odometer reading.
| Mileage | Median price | Listings |
|---|---|---|
| Under 30k mi | $32,399 | 18 |
| 30k–50k mi | $30,381 | 72 |
| 50k–75k mi | $27,998 | 91 |
| 75k–100k mi | $25,027 | 47 |
| 100k–130k mi | $23,248 | 13 |
What's a Good Price for a 2022 Ford Explorer?
Great deal
Under $25,646
Typical
$25,646–$31,513
Overpriced
Above $31,513
Based on the middle 50% of listings — always adjust for mileage and condition.
Price Spread
Range across 242 listings.
Half of all listings fall between $25,646 and $31,513, with a median of $28,593.
Ownership & Condition
Across 242 2022 Ford Explorer listings.
Accident-free
85.2%
One-owner
55.6%
Avg owners
1.4
Personal use
66.7%
2022 Ford Explorer Efficiency & Specs
EPA fuel-economy and powertrain data.
Combined
21 MPG
City / Hwy
19 / 25
Fuel / year
$2,950
Fuel
Regular
Engine
3.0L 6-cyl
EPA class
Standard Sport Utility Vehicle 4WD
Depreciation by Trim
See how each 2022 Ford Explorer trim holds its value.
| Trim | Fuel | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|---|
| ST | Gasoline | $51,260 | $33,679 | 33.3% | 29 |
| XLT | Gasoline | $40,570 | $26,168 | 35.6% | 99 |
| Timberline | Gasoline | $48,320 | $32,298 | 35.8% | 14 |
| Limited | Gasoline | $47,070 | $28,781 | 38.9% | 29 |
| ST-Line | Gasoline | $47,760 | $29,994 | 39.2% | 9 |
How the 2022 Ford Explorer Compares to Other Years
At 35.9% depreciation, the 2022 Ford Explorer sits among its neighbors on the depreciation curve. The one-year-newer 2023 has lost 30.7% (around $30,969), so stepping up a model year costs roughly $2,894 more. The older 2021 sits at 38.8% (around $24,794), so dropping back a year saves about $3,281. Buying one model year newer or older is one of the easiest ways to trade purchase price against age and remaining warranty.
Known Issues & Complaints
237 NHTSA complaints, 23 recalls reported.
POWER TRAIN
53 complaintsPowertrain System Fault will cause the vehicle to lose power possibly leaving the vehicle and passengers in danger if crossing traffic, pulling onto a road, etc.
UNKNOWN OR OTHER
38 complaintsWhen getting off the interstate at an exit, my husband pushed the brakes to stop and our vehicle completely shut off. The hazard lights would not work and it would not restart. We were at a very busy exit and we had our 2 children in the ca
ELECTRICAL SYSTEM
27 complaintsUnknown! sometimes the rear back up camera goes into a black screen and then once in drive the info screens stays black for about 30 seconds. the cars shifting is hard at times especially when going from slow to fast like for instance on a
FUEL SYSTEM
11 complaintsThe contact owns a 2022 Ford Explorer. The contact received notification of NHTSA Campaign Number: 25V455000 (Fuel System, Gasoline); however, the part required for the recall repair was unavailable. The contact stated the manufacturer had
ENGINE
11 complaintsThere are three active recall on my car, all of which say there are not remedy available and NHTSA Recall Number 25V455 can cause engine failure that leads to a crash, was reported in July 2025, and STILL has no remedy. The other 2 recalls
SUSPENSION
10 complaintsDriving home from work at intersection of XXX and [XXX] after stopping at signal light heard loud knocking sound. Stop check tires and could find anything wrong visually. Drove off and vehicle making clunking noise from rear. Drove home par
Top Issues
- POWER TRAIN
- UNKNOWN OR OTHER
- ELECTRICAL SYSTEM
- FUEL SYSTEM
- ENGINE
Buyer Red Flags
- !Recall 22V088000 (FUEL SYSTEM, GASOLINE): Ford Motor Company (Ford) is recalling certain 2022 Explorer and Lincoln Aviator vehicles. The fuel filler tube may detach during a crash. As such, these vehicles fail to comply wi
- !Recall 22V454000 (STRUCTURE): Ford Motor Company (Ford) is recalling certain 2022 Lincoln Aviator and Ford Explorer vehicles. The engine rails may have been improperly heat-treated. As such, these vehicles fail
- !Recall 22V685000 (FUEL SYSTEM, GASOLINE): Ford Motor Company (Ford) is recalling certain 2022 Explorer and Ranger vehicles equipped with 2.3L engines. The fuel line may be loose due to improper tightening of the fuel line
- !Recall 23V022000 (BACK OVER PREVENTION): Ford Motor Company (Ford) is recalling certain 2020-2023 Explorer, Lincoln Aviator, and 2020-2022 Lincoln Corsair vehicles equipped with a 360-degree camera. The video output may f
2022 Ford Explorer Listings
Real 2022 Explorer listings on the market now.
$41,590
2022 ST · Black
23,286 mi · San Antonio, TX
View listing →
$30,990
2022 Limited · Silver
31,852 mi · Phoenix, AZ
View listing →
$29,590
2022 Limited · Red
34,765 mi · Phoenix, AZ
View listing →
$29,590
2022 XLT · Green
39,695 mi · Columbus, OH
View listing →
$29,990
2022 Limited Hybrid · Black
42,472 mi · Kansas City, MO
View listing →
$27,990
2022 XLT · Black
42,647 mi · Cleveland, OH
View listing →
Live dealer listings, refreshed periodically. Prices and availability change.
Frequently Asked Questions
How much is a 2022 Ford Explorer worth?
A 2022 Ford Explorer is typically worth around $28,075, with most listings falling between $24,180 and $33,639. The single biggest swing factor is mileage — listed examples average about 60,076 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 2022 Ford Explorer depreciated?
The 2022 Ford Explorer has lost about 35.9% of its original $40,570 base MSRP — roughly $14,565 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 2022 Explorer have?
Listed 2022 Explorers average about 60,076 miles, with most between 36,019 and 84,970. 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 2022 Ford Explorer?
For a 2022 Ford Explorer, anything under $25,646 is a strong deal, $25,646 to $31,513 is the typical range where most cars trade, and above $31,513 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 2022 Ford Explorer are computed from 182 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.