Though the prices of both used and new vehicles have soared to new record highs over the past few years, some types of vehicles remain more popular – and expensive – than others. This includes pickups, SUVs, and crossovers, which are virtually impossible to find for a reasonable price these days, particularly those that are in nice condition with lower mileage. The Ford Explorer falls in that category, as it’s quite difficult to find a used one for less than $20k, but that hasn’t stopped the crossover/SUV (depending on the generation) from becoming a stalwart on the list of the most popular used vehicles among shoppers. However, in addition to ranking on that list in 2023, the Ford Explorer was also one of the most popular used SUVs of 2023, according to iSeeCars.
Last year, the Ford Explorer ranked as the third most popular SUV on the used market by accounting for 2.8 percent of total sales in the U.S. – a slight decline from last year’s three percent, but the Explorer still managed to rise up to this spot from sixth place in 2022. This year’s list was topped by the Chevy Equinox at four percent and the Toyota RAV4 at 3.2 percent, with the Nissan Rogue (2.8 percent) and Honda CR-V (2.7 percent) falling in behind the Explorer.
To come up with this data, iSeeCars analyzed over 9.2 million used car sales from the last five model years (2018 – 2022). Each model’s share of used car sales was calculated nationally, as well as within each metro area and state.
“Used Honda CR-Vs made big gains in 2023, moving up four slots among all used vehicles, and gaining two slots in the SUV category,” said Brauer. “The CR-V is Honda’s best-selling new model, displacing the Accord and Civic that led the brand’s sales charts for decades. Now the CR-V is ahead of the Accord, and closing in on the Civic, in the used market.”
We’ll have more on the Ford Explorer soon, so be sure and subscribe to Ford Authority for the latest Ford Explorer news and comprehensive Ford news updates.
No Comments yet