Surveying the Cost and Benefits of Owning a Ford Explorer SUV

Answered by

Mary Caldwell
Mary CaldwellAuto Insurance Manager

Posted on Jan 25, 2023

There are a number of factors to consider when weighing the cost and benefits of owning a Ford Explorer SUV. The first consideration is the initial cost of the vehicle. Explorers are not the cheapest SUVs on the market, but they offer a number of features that are not available in less expensive models. Additionally, Ford offers a number of incentives to buyers, including cash back rebates and low-interest financing.

The second consideration is depreciation. Explorers tend to hold their value better than many other SUVs, meaning that buyers can recoup a good portion of their initial investment when it comes time to sell. Fuel economy is another important consideration. The Explorer gets good gas mileage for an SUV, and this can save buyers a lot of money over the life of the vehicle.

Finally, it is important to consider the features of the Explorer. It is a comfortable vehicle with plenty of space for both passengers and cargo. It also comes equipped with a number of safety features that can help protect drivers and their passengers in the event of an accident.

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