2024 Ford Explorer PlatinumTrue Cost of Ownership in United States
400 hp twin-turbo V6. Full cost breakdown including import duty (2.5%), VAT (0%), insurance, fuel at $0.95/L, maintenance, and depreciation.
Purchase Price
$62K
Base: $60K
Annual Total
$18K
Insurance + fuel + maintenance
Import Duty
$2K
2.5% of base price
VAT
$0
0% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$153K
Purchase + 5yr running costs
2024 Ford Explorer Platinum — Full Cost Breakdown in United States
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $60K |
| Import Duty (2.5%) | $2K |
| VAT / Sales Tax (0%) | $0 |
| Total Purchase Price | $62K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $12K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $18K |
| 5-Year Total Cost of Ownership | $153K |
| Cost Per Kilometer | $1.224 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ford Explorer Platinum Fuel Cost Calculator — United States
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,568
USD equivalent
Monthly Fuel Cost
$131
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$10.45
11L × $0.95
Ford Explorer Platinum Depreciation Curve
The Ford Explorer Platinum loses approximately $29K (49%) of its value over 5 years.
Year-by-Year Value
| New | $60K | 100% |
| Year 1 | $48K | 80% |
| Year 2 | $42K | 70% |
| Year 3 | $37K | 62% |
| Year 4 | $34K | 56% |
| Year 5 | $31K | 51% |
Depreciation based on suv segment averages.
Ford Explorer Platinum vs. Competitors in United States
How does the Ford Explorer Platinum compare to similar cars available in United States?
Ford
Explorer Platinum
Base Price
$60K
Annual Cost in United States
$18K
Toyota
RAV4
Base Price
$32K
Annual Cost in United States
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in United States
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in United States
$7K
Annual costs estimated for United States market. Import duty (2.5%) and VAT (0%) applied to all models.
🇺🇸 Owning a Car in United States
Cheapest fuel among developed nations. No federal VAT.
Moderate for United States
Annual car costs = 31% of average United States income ($59K/yr)
Average Annual Income
$59K
In United States
Fuel Price
$0.95/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
2.5%
On vehicle value
VAT / Sales Tax
0%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in United States
Ford Explorer Platinum in United States — Frequently Asked Questions
Common questions about owning a Ford Explorer Platinum in United States.
The 2024 Ford Explorer Platinum has a base price of $60,000 USD. In United States, after 2.5% import duty and 0% VAT, the total purchase price is approximately $61,500 USD ($61,500 USD).
Related Car Cost Pages
Ford Explorer Platinum in Other Countries
- 🇬🇧Ford Explorer Platinum in United Kingdom
- 🇩🇪Ford Explorer Platinum in Germany
- 🇫🇷Ford Explorer Platinum in France
- 🇯🇵Ford Explorer Platinum in Japan
- 🇦🇺Ford Explorer Platinum in Australia
- 🇨🇦Ford Explorer Platinum in Canada
- 🇳🇴Ford Explorer Platinum in Norway
- 🇸🇪Ford Explorer Platinum in Sweden
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