Unsold Hyundai Palisade: A Price Guide For 20-24
The Hyundai Palisade, a premium three-row SUV, has quickly become one of the most popular vehicles in its class. Offering a combination of spaciousness, cutting-edge technology, and a refined driving experience, the Palisade is a sought-after option for families and those who crave a comfortable ride. However, as with any vehicle, there are often unsold units at dealerships, providing an opportunity for savvy buyers to secure a discount on this top-tier SUV. Potential buyers could expect prices from $23,998, Learn How to Take Advantage!
Why Are There Unsold Hyundai Palisades?
There are several reasons why Hyundai Palisade models may go unsold:
- Overstock: Dealerships sometimes overestimate demand and order more units than they can sell, leading to unsold stock.
- Newer Model Releases: As newer model years hit the market, buyers may lean toward the latest version, leaving older models unsold.
- Trim and Color Preferences: Some trims or color combinations might not be as popular, resulting in them sitting on the lot for longer periods.
- Economic Factors: External factors like economic downturns can cause a slowdown in vehicle purchases, leading to excess inventory.
- Factors Affecting the Price of Unsold Hyundai Palisade Models
Several key factors influence the price of unsold Hyundai Palisades:
- Model Year: Newer models tend to carry higher price tags but may still be discounted as dealerships aim to make room for incoming inventory.
- Trim Level: The Palisade comes in several trims, including SE, SEL, Limited, and the luxury Calligraphy model. Higher trims with more features are generally more expensive.
- Condition: Unsold vehicles are typically new, but those that have been used for test drives may have minimal mileage, which could slightly lower the price.
- Incentives and Discounts: Dealers often offer cash rebates, financing incentives, or loyalty bonuses to move unsold models.
- Location: Prices can vary based on regional demand, with discounts sometimes being more substantial in certain areas.
Pricing Guide for Unsold Hyundai Palisades by Year
2024 Hyundai Palisade
The 2024 Hyundai Palisade is the latest iteration of this popular SUV, featuring the newest tech, safety systems, and design refinements. Although it’s new to the market, unsold 2024 Palisades may begin appearing at dealerships as they manage their stock throughout the year.
Price Range: $37,000–$53,000, depending on the trim.
Discount Potential: Early discounts may range from 5% to 10%, bringing prices down to $35,000–$50,000.
Popular Trims: SE, SEL, Limited, Calligraphy.
2023 Hyundai Palisade
The 2023 Palisade offers similar luxury and features to the 2024 model, making it a strong contender for those looking to save a bit more. As dealerships prepare for the 2024 models, unsold 2023 stock can often be found at attractive prices.
Price Range: $35,000–$52,000.
Discount Potential: Discounts can reach 8% to 12%, bringing the price down to $32,000–$46,000.
Popular Trims: SEL, Limited, Calligraphy.
Mileage: These models typically have under 10,000 miles, with many being near zero.
2022 Hyundai Palisade
The 2022 Hyundai Palisade remains a solid choice, offering a combination of modern tech and reliability. With several 2022 models still available at dealerships, this is a great time to take advantage of unsold stock.
Price Range: $32,000–$50,000.
Discount Potential: Discounts range from 10% to 15%, reducing prices to $29,000–$44,000.
Popular Trims: SEL, Limited, Calligraphy.
Mileage: Typically under 20,000 miles, with many vehicles still in like-new condition.
2021 Hyundai Palisade
The 2021 Hyundai Palisade is an excellent choice for budget-conscious buyers who still want a feature-rich SUV. These models may come with higher discounts as they’ve been on the lot longer.
Price Range: $30,000–$48,000.
Discount Potential: You can expect savings of 12% to 18%, bringing the price down to $26,500–$42,000.
Popular Trims: SE, SEL, Limited, Calligraphy.
Mileage: Typically between 10,000 and 30,000 miles.
2020 Hyundai Palisade
The 2020 Hyundai Palisade remains a solid option for buyers who want a premium SUV at a lower cost. Though rare, some unsold 2020 models may still be available at dealerships, especially in less popular trims or colors.
Price Range: $28,000–$46,000.
Discount Potential: Expect discounts of 15% to 20%, reducing the price to $23,998–$39,000.
Popular Trims: SE, SEL, Limited.
Mileage: Typically under 40,000 miles.
Price by Trim Level
1. SE (Base Model)
The SE trim offers essential features at an affordable price point, making it an attractive option for budget-conscious buyers.
New Price Range: $35,000–$38,000.
Unsold Price: $31,000–$34,000.
2. SEL
The SEL trim adds more comfort and convenience features, making it one of the most popular options for families.
New Price Range: $38,000–$42,000.
Unsold Price: $33,000–$38,000.
3. Limited
The Limited trim introduces luxury features such as leather seating, advanced safety systems, and enhanced technology, appealing to buyers looking for extra comfort.
New Price Range: $45,000–$50,000.
Unsold Price: $39,000–$45,000.
4. Calligraphy (Top-of-the-Line)
The Calligraphy trim is the most luxurious version of the Palisade, with premium materials and features aimed at creating a high-end driving experience.
New Price Range: $50,000–$53,000.
Unsold Price: $44,000–$50,000.
Tips for Buying an Unsold Hyundai Palisade
- Look for Dealer Incentives: Many unsold models come with cash rebates, financing deals, or loyalty bonuses that can significantly reduce the purchase price.
- Be Flexible with Features and Colors: Less popular colors or trims may carry deeper discounts, so if you’re flexible with your preferences, you could find a better deal.
- Negotiate: Even if the vehicle is already discounted, dealerships are often willing to negotiate further, especially on unsold models. Try to negotiate an additional 5% to 10% off.
- Inspect for Test Drive Wear: Some unsold models may have been used for test drives, so check the tires, interior, and mileage for signs of wear.
- End-of-Year Sales: The end of the year is often the best time to buy unsold cars, as dealerships offer deeper discounts to clear inventory before the next year’s models arrive.
