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Ford Explorer Discount Offers Low-Interest Financing In May 2024

In May 2024, a Ford Explorer discount again offers low-interest financing plus bonus cash and trade assistance along with lease deals in select markets on the 2023 Ford Explorer and 2024 Ford Explorer.

Low-interest financing plus cash, along with lease deals, is offered on the 2023 and 2024 Ford Explorer in select markets. Shown here is the ST-Line trim. A refresh of the three-row crossover debuted for the 2025 model year.

Ford Explorer discount and incentive offers vary by region in May 2024. Below, we have compiled the most significant deals observed in four large U.S. markets for the 2023 and 2024 Ford Explorer:

  • Miami:
    • Lease Offer:
      • Applies to 2023 Ford Explorer XLT RWD
      • $381 per month for 36 months
      • $4,739 due at signing
      • Security deposit waived
      • Ford Credit Red Carpet Lease
    • Lease Offer:
      • Applies to 2024 Ford Explorer XLT RWD
      • $446 per month for 36 months
      • $4,814 due at signing
      • Security deposit waived
      • Ford Credit Red Carpet Lease
    • Retail Offer:
      • Applies to 2024 Ford Explorer
      • 3.9 percent APR for 60 months
      • Requires Ford Credit financing
  • New York:
    • Lease Offer:
      • Applies to 2024 Ford Explorer XLT 4WD
      • Returning Ford Lessees
      • $369 per month for 36 months
      • $4,149 due at signing
      • Security deposit waived
      • Ford Credit Red Carpet Lease
    • Retail Offer:
      • Applies to 2024 Ford Explorer
      • 3.9 percent APR for 60 months
      • Requires Ford Credit financing
      • Plus $2,000 Trade Assistance
  • Detroit:
    • Lease Offer:
      • Applies to 2023 Ford Explorer XLT 2.3L 4WD
      • Returning A/Z-Plan Lessees
      • $319 per month for 24 months
      • $3,569 due at signing
      • Security deposit waived
      • Ford Credit Red Carpet Lease
    • Lease Offer:
      • Applies to 2024 Ford Explorer 2.3L 4WD
      • Returning A/Z-Plan Lessees
      • $479 per month for 24 months
      • $0 due at signing
      • Security deposit waived
      • Ford Credit Red Carpet Lease
  • Los Angeles:
    • Lease Offer:
      • Applies to 2023 Ford Explorer XLT RWD
      • $429 per month for 36 months
      • $4,529 due at signing
      • Security deposit waived
      • Ford Credit Red Carpet Lease
    • Lease Offer:
      • Applies to 2024 Ford Explorer XLT RWD
      • $489 per month for 36 months
      • $4,859 due at signing
      • Security deposit waived
      • Ford Credit Red Carpet Lease
    • Retail Offer:
      • Applies to 2024 Ford Explorer
      • 1.9 percent APR for 36 months
      • Requires Ford Credit financing

The above offers will remain valid through May 31st, 2024. As a reminder, the preceding list does not represent all offers that may be available, so as always, we recommend checking with an authorized Ford dealer in your area to find out what Ford Explorer incentive offers are available to you.

Ford Explorer Pricing

For reference, here are the 2024 Ford Explorer trim levels and their corresponding starting MSRPs, including destination/delivery charge:

  • Base – $38,455
  • XLT – $40,910
  • ST-Line – $48,695
  • Limited – $49,115
  • Timberline – $51,670
  • ST – $52,345
  • Platinum – $56,220
  • King Ranch – $57,010

Refreshed 2025 Ford Explorer ST

About Ford Explorer

For 2024, the Ford Explorer drops the 3.3L V6 Hybrid engine option along with the related Limited Hybrid and Platinum Hybrid trim levels. Otherwise, the 2024 Explorer carries over essentially unchanged. Production began of the 2024 Ford Explorer began at Chicago Assembly plant on January 2nd.

Refreshed 2025 Ford Explorer Platinum

In February, the 2025 Ford Explorer debuted with new tech and a redesigned interior. It is available in the Active, Platinum, ST-Line, and ST trim levels with a slightly different look on the outside thanks to a few minor styling updates. The refreshed Explorer is the first Ford vehicle to utilize the automaker’s Ford Digital Experience infotainment system. Additionally, BlueCruise is featured on the three-row, with the hands-free tech available on ST-Line, ST, and Platinum trims.

Two powertrain choices carry over from 2024,, with the turbocharged 2.3L I-4 EcoBoost offered as standard on Active, Platinum, and ST-Line trims, and the twin-turbocharged 3.0L V6 EcoBoost offered as standard on ST and optional on Platinum. Output remains the same, with the V6 producing 400 horsepower and 415 pound-feet of torque. Both engines are mated to the 10-speed automatic transmission, and all four trims come standard with rear-wheel-drive, with all-wheel-drive available as an option.

Production of the 2025 Ford Explorer kicks off this May.

Refreshed 2025 Ford Explorer Platinum

Disclaimers

  • Must take delivery from an authorized Ford dealer’s stock by May 31st, 2024, unless specified otherwise.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for these 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 is not responsible for any omissions, misprints, or any other errors.

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Comment

  1. Paul e Bertrand

    Ford dropped the hybrid engine for the explorer.
    WHY ?

    Reply

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