Ford Authority

Ford Explorer Discount Takes Up To $4,750 Off In October 2020

During October 2020, a Ford Explorer discount lowers the price of the all-new, sixth-generation crossover by up to $4,750. Additionally, a slightly less generous cashback rebate of $4,000 is also offered.

Besides the cashback rebates, an interest-free financing incentive is also available in combination with a lesser cashback offer of $3,500. Notably, none of the aforementioned incentives are offered nationwide as availability varies market and by incentive.

Prospective buyers should also note that The Blue Oval is offering a special lease deal in select markets, offering a monthly payment of $200 per month after a $3,529 down payment.

Ford Explorer Incentives

Ford Explorer discount offers for October 2020 vary slightly by region, and are as follows:

  • Featured Retail Offers:
    • $4,750 cash discount for all 2020 Explorer models
      • Offer observed in the Detroit market
    • $4,000 cash discount for all 2020 Explorer models
      • Offer observed in the Los Angeles market
    • $3,000 cash discount for all 2020 Explorer models
      • Offer observed in the New York and Miami markets
  • Featured Finance Offers:
    • 0 percent APR for 60 months + $2,500 cash + $1,000 trade assist
      • Offer observed in New York and Detroit markets
    • 3.9 percent APR for 84 months
      • Available for all 2020 Explorer models
      • Offer available nationwide
  • Featured Lease Offer: $209 per month for 24 months
    • Offer observed in the New York market
    • $3,529 due at signing
    • Security deposit waived

The above offers are exclusive to the all-new 2020 Explorer, and are not applicable to the last-generation 2019 Explorer. Additionally, all of the aforementioned offers will remain valid through the beginning of November.

For reference, here are the applicable 2020 Explorer trim levels and their corresponding starting MSRPs, including destination charges:

  • Base – $34,655
  • XLT – $38,565
  • Limited – $49,970
  • ST – $56,580
  • Platinum – $60,090


  • Must take delivery from an authorized Ford dealer’s stock by November 3rd, 2020, unless specified otherwise.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for this offer.
  • Residency restrictions apply.
  • Offer not available with special finance, lease, and some other offers.

We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. Ford Authority will not be held responsible for any misprints, typos or any other errors.

We’ll have more great deals on Ford vehicles as they come along, so be sure and subscribe to Ford Authority for more Ford incentivesFord Explorer news and continuous Ford news coverage.

Frankie's first favorite car was a 1968 Ford Mustang, and he's had a strong appreciation for the nameplate ever since. Later in his youth he became infatuated with Eleanor, thanks to Nicholas Cage's stellar performance. Frank's a real jokester, too.

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