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| Submodel | Resale Range |
| 2004 Explorer XLS AWD 4-Dr Utility V6 | $3,850 - $12,525 |
| 2004 Explorer XLT 4WD 4-Dr Utility V8 | $4,775 - $13,425 |
| 2004 Explorer XLT 4WD 4-Dr Utility V6 | $4,775 - $13,425 |
| 2004 Explorer XLS RWD 4-Dr Utility V6 | $2,575 - $11,275 |
| 2004 Explorer XLT Sport 4WD 4-Dr Utility V6 | $4,775 - $13,425 |
| 2004 Explorer Limited AWD 4-Dr Utility V8 | $6,450 - $15,000 |
| 2004 Explorer Eddie Bauer 4WD 4-Dr Utility V8 | $6,125 - $14,725 |
| 2004 Explorer Eddie Bauer 4WD 4-Dr Utility V6 | $6,125 - $14,725 |
| 2004 Explorer Limited RWD 4-Dr Utility V8 | $5,200 - $13,775 |
| 2004 Explorer XLT Sport 4WD 4-Dr Utility V8 | $4,775 - $13,425 |
| 2004 Explorer XLT Sport RWD 4-Dr Utility V6 | $3,525 - $12,125 |
| 2004 Explorer Limited AWD 4-Dr Utility V6 | $6,450 - $15,000 |
| 2004 Explorer XLT AWD 4-Dr Utility V8 | $4,775 - $13,425 |
| 2004 Explorer NBX 4WD 4-Dr Utility V8 | $4,775 - $13,425 |
| 2004 Explorer XLS Sport RWD 4-Dr Utility V6 | $2,575 - $11,275 |
| 2004 Explorer Eddie Bauer AWD 4-Dr Utility V6 | $6,125 - $14,725 |
| 2004 Explorer XLT RWD 4-Dr Utility V8 | $3,525 - $12,125 |
| 2004 Explorer Limited RWD 4-Dr Utility V6 | $5,200 - $13,775 |
| 2004 Explorer NBX 4WD 4-Dr Utility V6 | $4,775 - $13,425 |
| 2004 Explorer Limited 4WD 4-Dr Utility V8 | $6,450 - $15,000 |
| 2004 Explorer Eddie Bauer RWD 4-Dr Utility V6 | $4,875 - $13,525 |
| 2004 Explorer XLS Sport AWD 4-Dr Utility V6 | $3,850 - $12,525 |
| 2004 Explorer XLT Sport AWD 4-Dr Utility V6 | $4,775 - $13,425 |
| 2004 Explorer Eddie Bauer AWD 4-Dr Utility V8 | $6,125 - $14,725 |
| 2004 Explorer XLS Sport 4WD 4-Dr Utility V6 | $3,850 - $12,525 |
| 2004 Explorer XLT Sport RWD 4-Dr Utility V8 | $3,525 - $12,125 |
| 2004 Explorer XLT AWD 4-Dr Utility V6 | $4,775 - $13,425 |
| 2004 Explorer Eddie Bauer RWD 4-Dr Utility V8 | $4,875 - $13,525 |
| 2004 Explorer XLT Sport AWD 4-Dr Utility V8 | $4,775 - $13,425 |
| 2004 Explorer XLT RWD 4-Dr Utility V6 | $3,525 - $12,125 |
| 2004 Explorer XLS 4WD 4-Dr Utility V6 | $3,850 - $12,525 |
| 2004 Explorer Limited 4WD 4-Dr Utility V6 | $6,450 - $15,000 |
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