Hey everyone! Today, we're diving deep into the 2018 Ford Explorer Platinum. If you're considering this luxurious SUV, you're probably wondering about the price, what you get for your money, and how it stacks up against the competition. This article is your go-to guide, covering everything from the initial sticker price to the features that make the Platinum trim a standout. We'll explore the engine, interior, technology, and what makes this model a great buy, or maybe not. Buckle up, and let's get started!

Understanding the 2018 Ford Explorer Platinum Price

First things first: the price tag. The 2018 Ford Explorer Platinum, being the top-of-the-line trim, came with a premium price. The MSRP (Manufacturer's Suggested Retail Price) when it was new hovered around the $55,000 to $60,000 range, depending on optional features and packages. Of course, the actual transaction price could vary based on where you bought it, any deals that were available, and your negotiation skills. Prices would fluctuate based on the specific options included, such as the 4-wheel drive system and any extras you may have added. One important factor affecting price is the current market. As the years pass, the value of the Explorer Platinum, like any used car, depreciates. This means you can find them for significantly less than their original MSRP. However, the exact price will fluctuate based on the vehicle's condition, mileage, and location. It's smart to research local market prices before you start shopping. Check online listings on sites like Cars.com, Kelley Blue Book (KBB), and AutoTrader to get a feel for the current going rate in your area. Also, when checking prices on used models, always consider the vehicle's history report, and any maintenance records, as this can affect the value.

Factors Affecting the Price

Several factors can influence the price of a used 2018 Ford Explorer Platinum. Here's a rundown of the key things to consider:

• Mileage: Obviously, the lower the mileage, the higher the price. A vehicle with fewer miles generally has less wear and tear and may have a longer lifespan ahead.
• Condition: Inspect the vehicle's exterior, interior, and mechanical components. Any signs of damage, wear, or needed repairs will impact the price.
• Features and Options: The Platinum trim comes loaded with features, but some owners may have added additional options. Packages like the towing package, upgraded sound systems, or special interior trims can all affect the price.
• Location: Prices can vary based on your location. Demand, local market trends, and even regional differences in the cost of living can play a role.
• Maintenance History: A well-maintained vehicle with a documented service history can command a higher price than one with a spotty record. Having service records can give you peace of mind. They can also indicate that the car has been properly cared for.
• Market Demand: The overall demand for the Ford Explorer and the Platinum trim level in your area. In high-demand markets, prices might be a little higher.

Key Features of the 2018 Ford Explorer Platinum

The 2018 Ford Explorer Platinum is all about luxury, performance, and technology. It’s a step above the other trims, offering a more upscale driving experience. Let's dig into some of its most notable features.

Engine and Performance

Under the hood, the Platinum trim typically sports a powerful 3.5-liter EcoBoost V6 engine. This engine delivers a punch with around 365 horsepower and 350 lb-ft of torque. This gives you plenty of power for acceleration, merging onto highways, and towing. The EcoBoost engine also often comes with a four-wheel-drive system, providing better traction and handling in various driving conditions. So, whether you're dealing with snow, rain, or just want enhanced stability, the Explorer Platinum is designed to handle it. The engine is paired with a smooth-shifting six-speed automatic transmission.

Interior and Comfort

Step inside, and you'll immediately notice the upgrades. The Platinum trim features premium leather seating, often with quilted stitching and unique design elements. The front seats are usually heated and cooled, which is super nice, whatever the weather. You'll find a luxurious feel with high-quality materials throughout the cabin, from the dashboard to the door panels. The Platinum trim is often loaded with comfort features, such as a dual-pane moonroof, a premium sound system (like the Sony sound system), and advanced climate control. The spacious interior also provides plenty of room for passengers in all three rows, making it ideal for families. The second-row seats are also quite comfortable, and they often include features like heated seats and easy access to the third row.

Technology and Safety

Technology is a big deal in the 2018 Ford Explorer Platinum. You'll get Ford's SYNC 3 infotainment system, which includes a touchscreen display, navigation, Apple CarPlay, and Android Auto. This allows you to easily integrate your smartphone and access your favorite apps and features. The Platinum trim is also loaded with advanced safety features. You can expect to see things like adaptive cruise control, lane-keeping assist, blind-spot monitoring, and a 360-degree camera system. These features can significantly improve safety and give you peace of mind on the road. The safety features available aim to prevent accidents. In the event of a collision, the Explorer is engineered to protect its occupants. Overall, the technology and safety features make the 2018 Explorer Platinum a modern and well-equipped SUV.

Comparing the Explorer Platinum to Other Trims and Competitors

When you're shopping for a 2018 Ford Explorer, you'll find several trims available, each with different features and price points. It's smart to compare the Platinum to other trim levels and to its competitors to make sure you're getting the best value for your needs. This helps you narrow down which options are best for you and helps you compare the price.

Explorer Trim Levels

The 2018 Ford Explorer came in several trims, including:

• Base: The entry-level trim offers basic features and a lower price point. It's a good choice if you're on a budget and prioritize functionality.
• XLT: This trim adds more features than the base model, such as upgraded interior materials and a few extra tech options.
• Limited: The Limited trim builds on the XLT, adding more luxury features and advanced technology.
• Sport: The Sport trim offers a sportier driving experience with a more powerful engine and unique styling cues.

Compared to these, the Platinum trim is the most luxurious and feature-packed. It includes everything from the lower trims plus unique upgrades. The Platinum is aimed at buyers who want the best of everything and don't mind spending a bit more.

Competitors

Several other SUVs compete with the 2018 Ford Explorer Platinum. Here's how it stacks up against some of its rivals:

• Nissan Pathfinder: The Pathfinder offers a comfortable ride and a spacious interior, but the Platinum trim often offers a more luxurious experience.
• Toyota Highlander: The Highlander is known for its reliability and strong resale value. However, the Explorer Platinum offers more power and a wider range of features.
• Chevrolet Traverse: The Traverse provides a spacious cabin and plenty of cargo room. The Explorer Platinum, however, often offers a more refined driving experience and a higher level of luxury.

When comparing, consider your priorities. If you value luxury and performance, the Explorer Platinum is a great choice. If reliability or cost is your main concern, other options might be better.

Buying a Used 2018 Ford Explorer Platinum: What to Watch Out For

When buying a used 2018 Ford Explorer Platinum, do your research before you buy. Here's what to look for before committing to the purchase.

Inspection Checklist

1. Vehicle History Report: Get a vehicle history report from services like Carfax or AutoCheck. This will tell you about any accidents, damage, or title issues the car may have had.
2. Exterior Inspection: Check for any signs of body damage, rust, or paint issues. Look closely at the condition of the tires, wheels, and lights.
3. Interior Inspection: Examine the seats, carpets, and dashboard for wear and tear. Make sure all the features (infotainment system, climate control, etc.) are working properly.
4. Mechanical Inspection: Have a trusted mechanic inspect the engine, transmission, brakes, and suspension. A pre-purchase inspection can help identify any potential problems before you buy.
5. Test Drive: Take the Explorer Platinum for an extensive test drive. Pay attention to how it handles, accelerates, and brakes. Listen for any unusual noises or vibrations.

Potential Problems and Reliability

While the 2018 Ford Explorer generally has a good reputation, it's essential to be aware of potential issues. Some common problems that owners have reported include:

• Transmission Issues: Some models may experience transmission problems. Check for any signs of rough shifting or slipping.
• Electrical Problems: Some owners have reported issues with the infotainment system, power windows, and other electrical components.
• Engine Problems: Make sure to check for any oil leaks or other engine-related issues. The EcoBoost engine, if not properly maintained, can experience problems.

Negotiating the Price

Once you’ve thoroughly inspected the vehicle and are ready to make an offer, here are some tips for negotiating the price:

• Know the Market Value: Research the market value of the Explorer Platinum in your area to determine a fair price.
• Be Prepared to Walk Away: If the seller isn't willing to negotiate, be prepared to walk away. There are usually other options available.
• Highlight Any Issues: Use any identified issues or needed repairs to negotiate a lower price.
• Consider a Certified Pre-Owned (CPO) Option: Buying a CPO vehicle from a Ford dealership can provide added peace of mind. CPO vehicles typically come with extended warranties and have been thoroughly inspected.

Conclusion: Is the 2018 Ford Explorer Platinum Worth It?

So, is the 2018 Ford Explorer Platinum a good buy? Ultimately, it depends on your needs and budget. The Platinum trim offers a luxurious driving experience, with top-of-the-line features and impressive performance. It's a great choice if you prioritize comfort, technology, and a premium feel. However, the initial price was higher than the other trims, so make sure you factor that in.

If you're looking for a spacious, comfortable, and well-equipped SUV and can find a well-maintained model at a fair price, the 2018 Ford Explorer Platinum can be a great choice. It is smart to conduct a thorough inspection before buying, considering your driving habits and financial situation. Taking the time to do your research, inspect the vehicle, and negotiate the price can help ensure you get a good deal on a great SUV.

Happy shopping, everyone! Hope this helps you get a good idea of what to expect when you look for a 2018 Ford Explorer Platinum. Good luck finding your new ride! And remember, always do your homework and trust your gut! Happy driving!