Given the high cost to replace the transmission and the roughly estimated value of your 2007 Ford Explorer, the prognosis here isn’t good. Your 2007 Ford Explorer transmission replacement costs anywhere from $5,600 to $6,100**.
Car repairs vary in price based on several factors, like parts availability and labor costs in your specific part of the country, so you might find a mechanic who will do it cheaper.
That’s a steep price, considering the Kelley Blue Book value of your 2007 Ford Explorer is estimated between $3,400 and $4,800. Unless this SUV has a lot of sentimental value, it’s probably a better idea to invest that money into getting a new car.
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