Hyundai Palisade

Hyundai launched the Palisade for the 2020 model year as its flagship 3-row SUV, replacing the Santa Fe XL. It quickly gained popularity for offering a near-luxury experience, with impressive space, technology, and style at a mainstream price point. Sharing its underpinnings with the equally successful Kia Telluride, the Palisade helped redefine what buyers could expect from a family hauler.

The Palisade isn't a collector car in the traditional sense, but it's a significant vehicle for tracking modern market trends. High demand and pandemic-related supply shortages caused early models to hold their value remarkably well, sometimes even selling for over MSRP on the used market. The introduction of the high-end Calligraphy trim in 2021 further pushed the Palisade upmarket, making it a benchmark for value retention in the competitive SUV segment.

Today, the market is beginning to normalize, and values reflect a more typical depreciation curve. The 2023 model year facelift introduced a distinct visual and technological update, creating a clear split in the used market. Well-equipped post-facelift models, especially in Calligraphy trim, command the highest prices, while early SE and SEL trims have become more affordable entry points into a capable family vehicle.

Prices range from around $11,500 for early high-mileage models to over $37,000 for recent top-spec variants.