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Ford Explorer Discount Drops Price By $5,500 In January 2021

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During January 2021, a new Ford Explorer discount drops the price of every 2020 model by $5,500. The offer, however, is only available in select markets. The Blue Oval is also offering interest-free financing for qualifying buyers in select markets, and is combining the zero-percent offer with a cash allowance.

Interested parties may like to know that, on average, this month’s featured offer appears are not as generous as recent offers for the sixth-generation Explorer.

Ford Explorer Incentives

Ford Explorer discount offers for January 2021 vary slightly by region. We’re providing the largest discounts in four major U.S. markets below:

  • New York:
    • 2020 Explorer: $5,500 total cash discount
  • Detroit:
    • 2020 Explorer: $2,000 total cash discount
    • 2021 Explorer: $1,500 total cash discount
  • Miami:
    • 2020 Explorer: $2,750 total cash discount + 0 percent APR for 72 months
      • A $3,500 total cash discount is also available for buyers who wish to forego the special interest offer
    • 2021 Explorer: $1,250 total cash discount + 1.9 percent APR for 60 months
  • Los Angeles:
    • 2020 Explorer: $2,500 total cash discount

All of the aforementioned offers will remain valid through the beginning of March 2021.

Ford Explorer Incentive January 2021

Ford Explorer Pricing

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

2020 Explorer

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

2021 Explorer

  • Base – $34,115
  • XLT – $35,890
  • Limited – $47,595
  • ST – $54,495
  • Platinum – $56,370

As exclusively reported by Ford Authority, the 2021 Ford Explorer will soon gain two more trim levels – King Ranch and Timberline, thereby expanding the range to seven available models.


  • Must take delivery from an authorized Ford dealer’s stock by March 31st, 2021, unless specified otherwise.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for these Ford Explorer discount offers.
  • Residency restrictions apply.
  • Ford discount offers might not be 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.

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Written by Francisco Cruz

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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