How much is a 2017 Ford Explorer worth? This is a question that many potential buyers and sellers are asking when considering the purchase or sale of this popular SUV. The value of a 2017 Ford Explorer can vary significantly based on several factors, including its condition, mileage, and the market demand for the vehicle. In this article, we will explore the various factors that influence the worth of a 2017 Ford Explorer and provide a general estimate of its value.
The 2017 Ford Explorer is a mid-size SUV that has been well-received by both critics and consumers alike. It offers a spacious and comfortable interior, a powerful engine, and a variety of features that make it an attractive option for families and individuals alike. However, the value of a 2017 Ford Explorer can vary widely depending on the specific model and its condition.
One of the primary factors that affect the worth of a 2017 Ford Explorer is its mileage. Generally, vehicles with lower mileage are worth more than those with higher mileage. This is because lower mileage suggests that the vehicle has been driven less and may have fewer mechanical issues. According to Kelley Blue Book, a 2017 Ford Explorer with low mileage (under 30,000 miles) can be worth anywhere from $18,000 to $25,000, depending on its condition and features.
The condition of the vehicle is another crucial factor in determining its value. A well-maintained 2017 Ford Explorer with no major mechanical issues or body damage will be worth more than a vehicle with similar mileage but in poor condition. Regular maintenance, such as oil changes, tire rotations, and brake pad replacements, can significantly impact the vehicle’s worth. According to Edmunds, a well-maintained 2017 Ford Explorer can be worth anywhere from $15,000 to $22,000, depending on its condition.
The market demand for the 2017 Ford Explorer also plays a role in its value. If there is a high demand for this model, the price may be higher. Conversely, if there is a surplus of 2017 Ford Explorers on the market, the price may be lower. Factors such as the popularity of the model, the availability of similar vehicles, and the overall economic climate can all influence market demand.
Another factor to consider is the trim level of the 2017 Ford Explorer. The base model, the XLT, typically has a lower value compared to higher trim levels such as the Limited or the Sport. The higher the trim level, the more features the vehicle will have, and the higher its value will be. According to Kelley Blue Book, a 2017 Ford Explorer Limited can be worth anywhere from $22,000 to $30,000, while a 2017 Ford Explorer Sport can be worth anywhere from $25,000 to $33,000.
In conclusion, the worth of a 2017 Ford Explorer can vary significantly based on its mileage, condition, market demand, and trim level. As a general estimate, a well-maintained 2017 Ford Explorer with low mileage can be worth anywhere from $15,000 to $30,000, depending on the specific model and its features. When considering the purchase or sale of a 2017 Ford Explorer, it is essential to research the market and consult with reputable sources to determine its true value.