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Used Ford Explorer Hybrid Prices Falling Faster Than Most Cars

As Ford Authority reported back in October 2023, the Ford Explorer previously ditched its hybrid powertrain – at least, in civilian guise, as the law enforcement-focused Police Interceptor Utility continued to offer the electrified option. The refreshed Explorer launched for the 2025 model year with no hybrid either, a move that the automaker attributed to a need to reserve that type of powertrain for the popular Police Interceptor Utility. As it turns out, used Ford Explorer hybrid models are shedding value more quickly than most, too.

A photo showing the exterior of the 2020 Ford Explorer Hybrid from a front three quarters angle.

This piece of news comes to us from iSeeCars, noting that used Ford Explorer Hybrid SUVs experienced the ninth largest price drop of any used vehicle between February 2024 and February 2025 – $4,218, or 11.7 percent. The average used vehicle shed a mere $239 of value over this same time period, or 0.8 percent. On this list, the Porsche Taycan led the way with a $26,626 or 26.5 percent drop, followed by the BMW 5-Series Hybrid, Tesla Model S, Tesla Model Y, Maserati Levante, Tesla Model 3, Hyundai Kona Electric, and Kia Niro EV.

To come up with this list, iSeeCars analyzed over 1.9 million one-to-five-year-old used vehicles sold in both February 2024 and 2025, and the average listing prices of each car model were then compared between the two time periods. Overall, it seems as if there just wasn’t much movement in used vehicle pricing, however. “The average price of one-to-five-year-old used car has shifted less than $1,000 over the past year,” said iSeeCars Executive Analyst Karl Brauer. “There’s no indication prices will drop from their current levels throughout 2025 and, with tariffs looming, the price of both new and used cars could potentially rise.”

For now at least, it seems quite likely that the Ford Explorer Hybrid will return at some point, though that’s not set in stone as of yet. However, as Ford Authority recently reported, The Blue Oval ditched plans to build two new three-row all-electric SUVs and will instead replace them with two new hybrids, and one of them could very well be based on the Explorer.

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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Comments

  1. I know many disagree, but after the EV collapse and most discovering that PHEVs aren’t woth it, I’m not so sure that regular hybrids are all that hot either. I surely don’t want one and some brands are going hybrid-only, like Toyota and Mazda. I predict an eventual crash and burn on those too.

    Reply
    1. Which EV collapse are you talking about?

      In 2024, global electric vehicle (EV) sales surged by 25%, reaching 17.1 million units, marking a record-breaking year for the EV market, according to Rho Motion. China saw major increases

      Reply
  2. The potential cost to repair the “complexities” of Hybrid are a big detractor.

    Where would you go? The Dealership?
    Hah! IMHO, not likely to get reasonable pricing, or on-time delivery of parts, from them.

    Reply
    1. Hybrids are actually simpler to use and service. My 2014 Fusion Hybrid sedan had no problems since I bought it. It had three recalls (door latches, steering bolt, cable bushing) which never affected its operation. Its HF35 transaxle is smaller and simpler than any automatic transmission. The only parts replaced are the oil and air filters. Your post is false.

      Reply
  3. Movable dash screens might be interesting to see! But then the idea of Removable screens might not be a good idea. What do you do when your parked away from your vehicle.eg….a parking garage…overnight street parking…ect.ect…I see mant break-in’s and pulled out of the vehicle and sold black market. And most likely if you hide it in a trunk or covered tailgate. Theifs will eventually realize it’s much easier to steal them from those area then the vehicle cabin..the only way to save your dashboard would be to pack it in another bag like your LapTop. I don’t think people will do that

    Reply
  4. That’s because all Ford hybrids are all unreliable and troublesome.

    Reply
    1. Read my post above. Your post is another lie.

      Reply
  5. I have an idea put a 5.0L inn an Explorer that would be bad ass?

    Reply
  6. I do not want a hybrid/EV/Eecoboost Can ford just make a truck with a regular V8 like a 5.0L or an Explorer with a regular V6 like a 4.0L ? I guess not and this is why Ford is going to fail!!!!

    Reply

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