Explore Used Hyundai Palisade Prices before taking the next step
The Hyundai Palisade has quickly established itself as a compelling option in the three-row SUV segment since its introduction in 2020. Before committing to this family-friendly vehicle, understanding the used market pricing and associated costs can help you make an informed decision. Let's explore what you need to know about purchasing a pre-owned Palisade.
Why Consider a Used Hyundai Palisade?
The Palisade offers exceptional value in the pre-owned market, combining premium features with Hyundai’s reputation for reliability. As a relatively new model, used Palisades typically come with modern safety features, including forward collision avoidance, blind-spot monitoring, and adaptive cruise control. The spacious interior accommodates up to eight passengers, and higher trim levels provide luxury amenities comparable to more expensive brands.
Average Used Hyundai Palisade Prices
Used Palisade prices vary significantly based on model year, trim level, and condition. Here’s a detailed breakdown of typical market values:
Model Year | Trim Level | Average Price Range |
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2020 | SE | $28,000 - $32,000 |
2020 | SEL | $31,000 - $35,000 |
2020 | Limited | $35,000 - $39,000 |
2021 | SE | $31,000 - $35,000 |
2021 | SEL | $34,000 - $38,000 |
2021 | Limited | $38,000 - $42,000 |
Prices, rates, or cost estimates mentioned in this article are based on the latest available information but may change over time. Independent research is advised before making financial decisions.
Factors That Affect Pricing
Several key elements influence used Palisade prices:
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Mileage: Lower mileage examples command premium prices
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Location: Market demand varies by region
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Vehicle condition: Previous maintenance and accident history
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Optional features: Additional packages and accessories
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Warranty coverage: Remaining factory warranty
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Season: SUV prices often increase during winter months
Ownership Costs Beyond Purchase
Consider these ongoing expenses when budgeting for a used Palisade:
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Insurance: Typically $1,200 to $1,800 annually
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Fuel: EPA-estimated 19-22 mpg city and 24-26 mpg highway
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Maintenance: Regular service intervals at 7,500 miles
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Repairs: Major components covered under Hyundai’s transferable warranty
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Registration and taxes: Vary by state and vehicle value
Smart Buying Tips Before the Next Step
To ensure a successful used Palisade purchase:
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Request a vehicle history report
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Have an independent mechanic perform a pre-purchase inspection
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Compare prices across multiple dealerships and private sellers
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Check for open recalls and verify they’ve been addressed
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Consider certified pre-owned options for additional warranty coverage
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Test drive multiple trim levels to determine the best fit
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Research current market values in your area
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Review maintenance records and service history
Making an informed decision about a used Hyundai Palisade requires careful consideration of both initial purchase price and long-term ownership costs. By understanding these factors and following smart buying practices, you can find a pre-owned Palisade that offers the best value for your needs.