2016, 2017 Ford Explorer Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP Invoice Price Destination Fee Holdback Dealer Cost
Ford Explorer Prices - How Much is a Ford Explorer?
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The Ford Explorer is a popular full-size SUV, which has been produced and sold by the Ford Motor Company ever since the 1990 model year. For the first 20 years of production, the Ford Explorer was a mid-size SUV, but its style and body was changed with the 2010 model year. The Ford Explorer is one of the best selling SUVs every year and the 2017 model will likely follow the same trend.
Similar to last year’s model, the 2017 Ford Explorer comes is five different trim levels. The base trim level of the Ford Explorer is the Base FWD option. This FWD SUV comes with a V6 engine that produces over 290 horsepower. It also has respectable fuel efficiency of around 25mpg when driving on the highway. The base option of the Ford Explorer can be purchased for just over $30,000 and there are several attractive lease options as well.
Those that are looking for the most power possible would consider upgrading all the way to the premier trim, which is the Platinum four-wheel drive. This trim level comes with a very powerful V6 engine that can produce nearly 400 horsepower. It also comes fully loaded with a lot of tech, luxury, and safety features that are not available at the lower trim levels. The all-in price for this trim is around $55,000.
The 2017 Ford Explorer also has received generally positive safety reviews from critics and consumers. The SUV comes standard with a variety of airbags around the car, brake assist, stability control, and other features. Those that upgrade to the higher trim levels will also receive blind spot monitoring, cameras, and other features that enhance the overall safety measures.
The 2017 Ford Explorer is also considered to be a very impressive SUV to drive when it is coupled with the top trim level. At this level, there is standard leather finishes, heated steering wheels, a lot of different tech and comfort features, and plenty of cargo and leg room space. Those that get one of the more affordable trim levels will still have the ample space, but will miss out on a lot of the luxury upgrades, unless they are purchased separately.
How to Calculate The Dealer Cost of a Ford Explorer
Formula for Calculating Dealer Cost:
- Example: Base Ford Explorer invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Ford Explorer Prices above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.