Hyundai Palisade Depreciation

A Hyundai Palisade will depreciate 33% after 5 years and have a 5 year resale value of $31,580.

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. It also assumes a selling price of $47,261 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Hyundai Palisade.

Hyundai Palisade Depreciation Calculator

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Hyundai Palisade Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $2,292 95.15% $44,969 12,000 2022
2 $6,843 85.52% $40,418 24,000 2023
3 $9,178 80.58% $38,083 36,000 2024
4 $10,104 78.62% $37,157 48,000 2025
5 $15,681 66.82% $31,580 60,000 2026
6 $18,489 60.88% $28,772 72,000 2027
7 $20,790 56.01% $26,471 84,000 2028
8 $23,252 50.80% $24,009 96,000 2029
9 $23,380 50.53% $23,881 108,000 2030
10 $26,419 44.10% $20,842 120,000 2031

Hyundai Palisade Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,292 95.15% $44,969
2 $6,843 85.52% $40,418
3 $9,178 80.58% $38,083
4 $10,104 78.62% $37,157
5 $15,681 66.82% $31,580
6 $18,489 60.88% $28,772
7 $20,790 56.01% $26,471
8 $23,252 50.80% $24,009
9 $23,380 50.53% $23,881
10 $26,419 44.10% $20,842

Buying a Hyundai Palisade New vs Used

If you purchase a used Hyundai Palisade that is 2 years old, then you could save $6,843 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $8,838. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Palisade models become available.

What About Hyundai Palisade Insurance Costs?

The average cost to insure a Hyundai Palisade is about $2,246 per year. This adds up to around $11,230 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Hyundai Palisade. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

Hyundai Palisade Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Hyundai Palisade ranks for Depreciation compared to other vehicles. Also check out how the Palisade stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Hyundai Palisade Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Hyundai Palisade costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: