Why on Earth Does a 2024 Ford Edge Cost More Than a New Explorer?
The Ford Explorer is one of the most respected midsize SUVs on the market. However, the 2024 Ford Edge costs more than the current model of the iconic SUV. While theEdge has a decent following, it’s far from being as well-regarded as the Explorer. So, what does the 2024 Ford Edge offer that would make it more expensive than its more established automotive sibling?
Here’s a look into the 2024 Ford Edge vs the Ford Explorer.
Should the Ford Edge cost more than the Explorer?
The 2024 Ford Edge starts at $38,365, while the 2023 Explorer starts at $36,760. Buyers should also be aware that this is the last model year for the Edge. Despite the Edge being a 2024 model and the Explorer being from the previous year, many people feel the pricing doesn’t make sense.
Are there any clear reasons or upgrades that could explain the almost $2,000 difference in price?
What the 2023 Ford Explorer has to offer
The 2023 Ford Explorer has three different engine options for buyers to choose from. First, there is the turbocharged 2.3-liter inline-four engine with a maximum output of 300 horsepower and a torque of 310 lb-ft. The next engine option is a 3.0-liter V6 engine that makes 400 hp and has a torque of 415 lb-ft. The other powertrain option is a hybrid 318-hp 3.3-liter V6 engine.
The 2023 Ford Explorer uses a 10-speed automatic transmission and has a rear and all-wheel drive configurations. Regarding speed, the fastest model gets from 0 to 60 miles per hour in 5.3 seconds.
The Explorer is a three-row midsize SUV that has room for up to seven people. The third row of this SUV is also easy to enter as it uses a mechanism to move the second-row seats out of the way. The SUV comes standard with an eight-inch touchscreen, but higher trims have a 10.1-inch vertical infotainment screen. All models besides the base trim have a 12-speaker Bang & Olufsen sound system.
Here’s a look at the 2024 Ford Edge
The 2024 Ford Edge is a less powerful SUV than the Ford Explorer. According to Edmunds, the base engine is a turbocharged 2.0-liter with a maximum output of 250 horsepower and a torque of 280 lb-ft. The most powerful option is a 2.7-liter engine that makes 335 horsepower and has a torque of 380 lb-ft. The fastest version of the 2024 Edge, the ST, accelerates from 0 to 60 miles per hour in 6.1 seconds. Notably, this SUV also has a hybrid version.
The 2024 Edge has room for four people and provides a spacious interior. The cabin has a modern look that competes with the biggest rivals of the Edge. Additionally, it has a decent amount of cargo storage space. The SUV comes standard with a 12-inch infotainment system that uses Ford’s Sync 4A interface. Drivers can use Android Auto and Apple CarPlay wirelessly with this SUV.