Car Buying Strategies

2022 Ford Explorer Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

Price terms Used:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost

Ford Explorer Pricing for the Base, XLT, ST-Line, Timberline, Limited, King Ranch and Platinum Trims

2022 Explorer - Trim: 4-Door SUV with RWD. Powered by by a 2.3L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$33,245
Invoice Price
$32,248
Destination Fee
$1,295
Holdback
$997
Dealer Cost
$32,546
Find the Best Price
2022 Explorer - Trim: 4-Door SUV with 4WD. Powered by by a 2.3L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$35,245
Invoice Price
$34,188
Destination Fee
$1,295
Holdback
$1,057
Dealer Cost
$34,426
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2022 Explorer - Trim: XLT - 4-Door SUV with RWD. Powered by by a 2.3L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$36,145
Invoice Price
$34,699
Destination Fee
$1,295
Holdback
$1,084
Dealer Cost
$34,910
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2022 Explorer - Trim: XLT - 4-Door SUV with 4WD. Powered by by a 2.3L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$38,145
Invoice Price
$36,619
Destination Fee
$1,295
Holdback
$1,144
Dealer Cost
$36,770
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2022 Explorer - Trim: ST-Line - 4-Door SUV with RWD. Powered by by a 2.3L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$44,745
Invoice Price
$42,955
Destination Fee
$1,295
Holdback
$1,342
Dealer Cost
$42,908
Find the Best Price
2022 Explorer - Trim: Limited - 4-Door SUV with RWD. Powered by by a 2.3L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$45,495
Invoice Price
$43,675
Destination Fee
$1,295
Holdback
$1,365
Dealer Cost
$43,605
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2022 Explorer - Trim: Timberline - 4-Door SUV with 4WD. Powered by by a 2.3L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$46,245
Invoice Price
$44,396
Destination Fee
$1,295
Holdback
$1,387
Dealer Cost
$44,304
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2022 Explorer - Trim: ST-Line - 4-Door SUV with 4WD. Powered by by a 2.3L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$46,745
Invoice Price
$44,875
Destination Fee
$1,295
Holdback
$1,402
Dealer Cost
$44,768
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2022 Explorer - Trim: ST - 4-Door SUV with RWD. Powered by by a 3L, 6 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$47,245
Invoice Price
$45,356
Destination Fee
$1,295
Holdback
$1,417
Dealer Cost
$45,234
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2022 Explorer - Trim: Limited - 4-Door SUV with 4WD. Powered by by a 2.3L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$47,495
Invoice Price
$45,595
Destination Fee
$1,295
Holdback
$1,425
Dealer Cost
$45,465
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2022 Explorer - Trim: ST - 4-Door SUV with 4WD. Powered by by a 3L, 6 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$49,245
Invoice Price
$47,276
Destination Fee
$1,295
Holdback
$1,477
Dealer Cost
$47,094
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2022 Explorer - Trim: Limited Hybrid - 4-Door SUV with RWD. Powered by by a 3.3L, 6 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
MSRP
$50,280
Invoice Price
$48,269
Destination Fee
$1,295
Holdback
$1,508
Dealer Cost
$48,056
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2022 Explorer - Trim: Limited Hybrid - 4-Door SUV with 4WD. Powered by by a 3.3L, 6 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
MSRP
$52,280
Invoice Price
$50,189
Destination Fee
$1,295
Holdback
$1,568
Dealer Cost
$49,916
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2022 Explorer - Trim: King Ranch - 4-Door SUV with RWD. Powered by by a 3L, 6 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$53,610
Invoice Price
$51,465
Destination Fee
$1,295
Holdback
$1,608
Dealer Cost
$51,152
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2022 Explorer - Trim: Platinum - 4-Door SUV with RWD. Powered by by a 3L, 6 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$53,740
Invoice Price
$51,591
Destination Fee
$1,295
Holdback
$1,612
Dealer Cost
$51,274
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2022 Explorer - Trim: Platinum Hybrid - 4-Door SUV with 4WD. Powered by by a 3.3L, 6 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
MSRP
$54,115
Invoice Price
$51,950
Destination Fee
$1,295
Holdback
$1,623
Dealer Cost
$51,622
Find the Best Price
2022 Explorer - Trim: King Ranch - 4-Door SUV with 4WD. Powered by by a 3L, 6 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$55,610
Invoice Price
$53,385
Destination Fee
$1,295
Holdback
$1,668
Dealer Cost
$53,012
Find the Best Price
2022 Explorer - Trim: Platinum - 4-Door SUV with 4WD. Powered by by a 3L, 6 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$55,740
Invoice Price
$53,511
Destination Fee
$1,295
Holdback
$1,672
Dealer Cost
$53,134
Find the Best Price
Price Tip:
To find the best possible price on a new Ford Explorer, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Car Clearance Deals,   Edmunds,   NADAguides,   Motortrend  &   CarsDirect
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.

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)

Ford Explorer Overview:

The 2022 Ford Explorer is a large SUV with three full rows of seats. Up to seven people can ride comfortably and in style inside of the Explorer. There's a massive amount of cargo space too, as well as some versatility on how one can store things. The second and third rows can be folded down when extra room is needed. The Explorer offers a comfortable ride, plenty of convenience features and technology to keep everyone safe.

What’s New for 2022?

Ford introduces a new trim level for the Explorer in 2022. It's called the ST-Line. The new model is kind of a mashup of the ST and base-model trims. It's similar in appearance to the performance-minded ST trim. The ST-Line, however, eschews the horsepower of the ST engine in favor of a more fuel-efficient, turbocharged 4-cylinder.

The King Ranch and Platinum trims get an upgrade in the performance department for 2022. They now offer 400 horses for better acceleration and passing power. Several of the trim levels now offer the choice of a 2nd-row bench seat or dual captain's chairs.

Styles and Configurations

Every model of the 2022 Ford Explorer has four doors and a rear liftgate for access to the cargo area. The Explorer is offered in RWD (rear-wheel drive) and Intelligent AWD (all-wheel drive) variations. There are three different powertrain options including a hybrid model. Every version of the Explorer comes equipped with a 10-speed automatic transmission.

Performance and Fuel Economy

The base engine for the Explorer is a 2.3-liter, turbocharged 4-cylinder. This engine produces 300 horsepower and has a fuel-economy rating of 20 mpg (miles-per-gallon) in the city and 28 mpg on the highway. Fuel efficiency falls slightly in models with AWD. This engine is standard for the base mode as well as the XLT and Limited trims.

The available hybrid powertrain combines an electric motor with a 3.3-liter V6 engine. This setup makes 318 horses and has the highest towing capacity out of any of the powertrains. An Explorer with this engine can pull up to 5,000 pounds. This powertrain also offers the best fuel-economy numbers with ratings of 27 mpg in the city and 29 mpg on the highway.

The ST, King Ranch and Platinum models offer the best acceleration thanks to their 3.0-liter V6 engine with twin turbochargers. This engine produces a whopping 400 horsepower and 415 pound-feet of torque. These models can reach a blistering top speed of 143 mph (miles-per-hour).

Driving Impressions

Acceleration from a dead stop is great with either the hybrid or turbocharged-V6 powertrains. It's surprisingly quick for a full-sized SUV like the Explorer. Ford has done a solid job of sound-proofing the interior. It's nice and quiet in the cabin with almost no engine or road noise to be heard. The Explorer offers a smooth, comfortable ride on paved roads and is quite capable of handling rough off-road terrain as well.

Exterior Features

The Ford Explorer comes equipped with some great exterior features like LED headlights with automatic high beams. There are also LED taillights and available LED fog lamps. A power liftgate is standard for easy loading and unloading of one's cargo. There's also an optional hands-free, foot-activated liftgate. Some of the higher trims get roof rails with side rails for even more cargo space.

There are power-folding and power-adjustable exterior mirrors with a heating element. The higher trim levels have convenient, rain-sensing windshield wipers that engage automatically when needed. The top three trims get quad-chrome exhaust tips as well as some extra chrome trim on the outside.

Interior Features

On the inside of the Explorer, there's tri-zone automatic climate control. This electronic system adjusts the temperature automatically for three different areas in order to keep everyone comfortable. The rear auxiliary climate control allows passengers in the second row to set their own temperature. There's also an air-filtration system with a Refresh Cabin air filter.

Higher trim levels have an available moon roof. There's also a heated steering wheel with audio controls. The higher trims have perforated-leather seats. Power adjustments and heating is available for the seats too. The SYNC Infotainment System has a large touchscreen display and an AM/FM stereo.

Audiophiles will love the premium audio system by B&O. This setup includes 12 high-quality speakers. The infotainment system offers Voice-Command Technology and an integrated navigation system. It comes ready for SiriusXM Radio and even offers a 4G LTE WiFi Hotspot.

Safety Features

Every model of the Explorer comes equipped with front, side-impact and knee airbags for the driver and front passenger. Ford's Safety Canopy® System adds even more protection for the 2nd and 3rd rows. Ford Co-Pilot360™ Technology adds features such as Roll Stability Control and a Post-Crash Alert System. There's also a Tire-Pressure Monitoring System, a Passive Anti-Theft System, Remote Keyless Entry and a seat-belt reminder.

In the crowded market of large SUVs, it really doesn't get much better than the 2022 Ford Explorer. There are three strong powertrains to choose from. Owners will enjoy a smooth and refined driving experience, as well as legitimate off-road capabilities. There's a massive amount of space for cargo, or for passengers to stretch out in. The Explorer is a versatile vehicle that also looks great no matter where it's driven.

Note: All Ford Explorer MSRP, invoice and dealer cost dollar figures above 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.



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