Ford Authority

Ford Explorer Incentive Offers Up To $1,000 Off In February 2023

During February 2023, a Ford Explorer incentive offers zero percent APR financing for select 2022 models, while another offers 1.9 percent APR financing. It’s important to note that these incentives vary by region and only apply to the 2022 model year, rather than the 2023 model year.

Ford Explorer Incentives

Ford Explorer incentive offers for February 2023 vary by U.S. region. Below, we’ve compiled a list of the largest observed discounts in four major U.S. markets toward the 2022 Explorer:

  • New York: Ford Red Carpet Lease offer
    • $379 per month for 36 months
    • $4,699 due at signing
    • Security deposit waived
  • Detroit: no offers currently listed
  • Miami: no offers currently listed
  • Los Angeles: 
    • Retail offer:
      • 1.9 percent APR for 60 months
      • Requires Ford Credit Financing
    • Ford Red Carpet Lease offer:
      • $499 per month for 36 months
      • $4,819 due at signing
      • Security deposit waived

Meanwhile, the largest observed offers toward the 2023 Ford Explorer are as follows:

  • New York: $1,000 Retail Order Bonus Cash
  • Detroit: 5.9 percent APR financing for 60 months
    • Requires Ford Credit Financing
  • Miami: $1,000 Retail Order Bonus Cashs
  • Los Angeles: 5.9 percent APR financing for 60 months
    • Requires Ford Credit Financing

Interested parties should note that the aforementioned Ford Explorer discount offers will be available through February 28th, 2023.

Prospective buyers should note that the above list is not a comprehensive list of every Ford discount available for the Explorer, but rather samples for large, select markets. With that in mind, it’s always a good idea to check with your local dealer for an appropriate list of Ford Explorer incentive offers in your area.

Ford Explorer Pricing

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

2022 Ford Explorer:

  • Base – $35,510
  • XLT – $38,570
  • ST-Line – $45,760
  • Limited – $47,070
  • Timberline – $48,320
  • ST – $49,260
  • King Ranch – $53,630
  • Platinum – $52,375

2023 Ford Explorer: 

  • Base – $39,000
  • XLT – $40,810
  • ST-Line – $48,245
  • Limited – $49,310
  • Timberline – $51,220
  • ST – $52,245
  • Platinum – $56,060
  • King Ranch – $56,315


  • Must take delivery from an authorized Ford dealer’s stock by February 28th, 2023, 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.

Alexandra is a Colorado-based journalist with a passion for all things involving horsepower, be it automotive or equestrian.

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