Does Hyundai Palisade Hold Its Value?

The answer may surprise you. Hyundai Palisade does hold its value rather well, considering it is a Korean SUV. In fact, it even outsells its Toyota and Honda counterparts in some markets.

On the whole, the Hyundai Palisade is a very likeable SUV. It has a spacious and comfortable interior, a smooth and refined ride, and is packed with features. It is also reasonably priced and comes with a long list of standard equipment. All of this makes it a great choice for families.

However, the main reason why the Palisade holds its value so well is its excellent warranty. Hyundai provides a five-year/unlimited kilometre warranty as standard, with a 10-year/200,000 kilometre warranty for the powertrain. This is one of the longest and most comprehensive warranties in the business and helps to instil confidence in buyers.

It is also worth noting that the Palisade has a strong resale value in Australia. In fact, it was the highest selling SUV in its class in 2019.

So, if you are looking for an SUV that will hold its value over time, the Hyundai Palisade is definitely worth considering.

For another approach, see: Hyundai Warranty Transfer

The 2020 Palisade has a Manufacturer’s Suggested Retail Price (MSRP) of $32,745, which is about average for a mainstream three-row SUV. The SE starts just under $34,000, the SEL just under $37,000 and the Limited just under $43,500. The Calligraphy trim is just over $45,000, and the range-topping Palisade should start just over $50,000. At these prices, the Palisade undercuts the Dodge Durango, Honda Pilot, Subaru Ascent, Toyota Highlander and Volkswagen Atlas, while being slightly above the Ford Explorer, GMC Acadia and Nissan Pathfinder. Fully loaded, the Palisade will come in just under $60,000. That’s still a bargain compared to a BMW X5, Mercedes-Benz GLE or Volvo XC90. The Palisade comes standard with all-wheel drive, and there’s no front-wheel-drive version.

The Hyundai Palisade is a great value for a mainstream three-row SUV. It has a starting MSRP that is lower than most of its competition, and it comes standard with all-wheel drive. It also has a higher than average predicted reliability rating and a long list of standard safety features. All of these factors make the Palisade a great choice for anyone in the market for a new SUV.

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