The Ford Explorer is one of the most leased SUVs on the market — and there’s a reason for that. It’s roomy, smooth to drive, and easy to use every day. People often searching Ford Explorer Lease to buy this beast.
Families choose it for its comfort and safety features. On the other hand, some drivers go for its powerful engine and sporty design. Whether you’re lease for the first time or switching from an older car, the Explorer offers solid value.
That’s why it continues to be a favorite across the U.S. and beyond.
Ford Explorer Lease Prices in 2025
Leasing a Ford Explorer in 2025 isn’t too complicated. Most monthly payments range from $450 to $650. These amounts can change based on trim level, your credit score, and even where you live.
In most cases, you’ll see deals for 36 months and a mileage cap of 12,000 miles per year. Some plans ask for around $3,000 at signing. Others offer no money down but will cost more each month.
For example, the ST-Line and Platinum trims are priced higher. Meanwhile, the base model offers lower rates, though with fewer features. So, it’s important to compare all offers carefully.
Ford Explorer Lease by Trim Level
Not all trims offer the same experience. Each version fits a different type of driver.
Explorer Active is ideal if you want something basic and affordable. It gets the job done without too many extras.
ST-Line is a step up. It has a sportier look and more tech inside. That makes it popular for younger drivers or anyone who likes a little flair.
Platinum is the premium option. It has luxury seats, extra safety features, and a quiet ride. It does cost more, but many feel it’s worth it.
In some regions, electric and hybrid models are now available. These can bring extra savings through tax credits or local offers.
Lease Deals Available Right Now (Updated)
Lease offers change every month. Even so, some deals stand out more than others.
In the U.S., websites like TrueCar and Edmunds feature Ford Explorer lease deals with clear monthly payments and terms. For example, one deal shows $499 per month for 36 months with $3,995 down.
Meanwhile, UK buyers can lease through TrustFord. Electric Explorer leases start at £234 per month. Some of these include a free wall charger — which adds even more value.
Because of this, it’s smart to check current offers before you visit a dealership.
Lease Incentives That Could Save You Thousands
Good lease deals sometimes come with bonus offers. These incentives can make a big difference in your total cost.
Some dealers offer renewal bonuses for returning customers. Others give cash discounts or special low-interest rates during seasonal sales.
You might also find extras like free maintenance for one year or even no-down-payment options.
If you’re leasing in the UK, electric Ford Explorer may include a free home wall charger. That adds extra convenience and savings.
With so many possibilities, it’s worth asking the dealer what’s currently available.
Lease vs. Finance – What’s Best for a Ford Explorer?
Not sure whether to lease or buy? Here’s the difference.
When you lease, your monthly payments are usually lower. Also, you get to drive a new car every few years. But once the lease ends, the car must be returned — unless you choose to buy it.
With financing, you’re paying to own the car. This means your payments may be higher, but you can keep the car long-term.
If you like newer models and shorter commitments, leasing works well. If you plan to keep your vehicle for many years, buying might be smarter.
How Credit Score Impacts Your Ford Explorer Lease
Your credit score has a big impact on lease terms. It affects approval, the interest rate, and even how much you’ll pay each month.
A high credit score — above 700 — gives you the best chance at low payments and easy approval. Lower scores may still qualify, but you might face stricter terms or a higher down payment.
If you’re unsure about your credit, check your score in advance. Some dealers allow co-signers, which could also help your case.
Cost of Leasing Based on Mileage and Term
Mileage and term length matter more than you think.
Most leases allow either 10,000 or 12,000 miles per year. If you drive more, extra charges will apply. Usually, it’s about 20 to 30 cents for each mile over the limit.
In terms of length, 36 months is common. Some go shorter or longer, depending on your needs. Short leases cost more monthly but let you switch vehicles faster. Longer leases lower the monthly price but keep you tied to one car.
So, choose based on how much and how far you drive.
What’s Included in the Lease (and What’s Not)
Every lease covers certain things — but not everything.
Usually included:
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Factory warranty
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Roadside assistance
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Basic maintenance (in some offers)
Not included:
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Car insurance
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Fuel costs
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Any major damage or repairs beyond normal wear
Before signing, ask for a full list. That way, you won’t get caught by surprise later.
Tips for Negotiating a Better Ford Explorer Lease
Negotiating might sound scary, but it’s worth trying. Even a small discount can save you hundreds.
First, get quotes from more than one dealer. Use these to compare total costs — not just the monthly rate. Sometimes, a cheaper monthly payment hides higher fees.
Second, negotiate the selling price of the vehicle before talking about the lease. A lower base price lowers your lease cost too.
Third, shop at the end of the month. Dealers often have goals to meet and may be more flexible then.
Frequently Asked Questions
Q: Can I lease a Ford Explorer with bad credit?
Yes, but expect higher rates or a bigger upfront payment.
Q: What happens at the end of the lease?
You return the car, buy it, or sign a new lease.
Q: Are zero-down leases worth it?
They’re convenient, but the monthly payments are higher.
Q: What if I drive more miles than allowed?
You’ll pay for each extra mile, usually around $0.25.
Q: Can I trade in my old car for a lease?
Yes, many dealerships accept trade-ins as part of your lease deal.
Final Thoughts – Is the Ford Explorer Lease Right for You?
Leasing a Ford Explorer works well for many people. You get a newer car with fewer long-term worries. Plus, monthly payments are often more affordable than financing.
From the base model to the top Platinum trim, there’s an option for nearly every lifestyle. Just make sure to review all the terms before signing.
With the right deal, leasing can feel like a smart, stress-free move.