Do Hyundai Palisades have good resale value?
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Do Hyundai Palisades have good resale value?
A Hyundai Palisade will depreciate 47\% after 5 years and have a 5 year resale value of $22,107. The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year.
Does Hyundai hold its resale value?
Recognizing this, we wanted to provide you with the good, the bad, and the ugly when it comes to those vehicles that perform well in holding their value – and equally so, those that don’t….Brands with the Best Resale Value.
| Rank | Brand | 5 Year Resale Value |
|---|---|---|
| 13 | Mitsubishi | 50.11\% |
| 14 | Hyundai | 49.86\% |
| 15 | Kia | 48.53\% |
| 16 | FIAT | 46.93\% |
Is the Hyundai Palisade a reliable car?
Yes, according to Consumer Reports, the 2021 Hyundai Palisade has a predicted reliability rating of four out of five. This score is above average.
How much should I pay for a new palisade?
Pricing for the 2022 Hyundai Palisade starts at $33,150 for the base SE model. This starting price is about average for this class and is slotted higher than the Chevrolet Traverse and lower than the Toyota Highlander. The mid-range SEL trim starts at $35,500, and the more premium Limited trim starts at $45,390.
Why do Hyundais depreciate so fast?
It’s because their styling is very edgy. Look at a Sonata from 3 years ago and it looks like a 10 year old car. Do the same with an Accord. It’s also because of the discounts, perceived reliability, etc.
How reliable is the 2020 Palisade?
Is the Hyundai Palisade Reliable? The 2020 Palisade has a slightly above-average predicted reliability rating of 3.5 out of five from J.D. Power.
Why is the Hyundai Palisade so popular?
The biggest advantage to the 2020 Hyundai Palisade is the number of passengers it can carry at one time. It features two rows of seats that fit three people each for a total of eight passengers. This puts it in a class of that only a dozen or so other midsize SUVs are part of.
What is the Hyundai Palisade comparable to?
The Hyundai Palisade and Kia Telluride are closely related; the Telluride’s a little rock and roll, the Palisade is a little yacht rock. (Read: The Hyundai’s softer of the two.) The Ford Explorer was new for 2020 and larger than the Palisade, but also much more expensive in top trims.