How much does the 2020 Hyundai Palisade cost?

Prices have softened 9.95% compared to this time last year, making it a favorable time to shop this model year.

There are 2,102 listings available, which suggests solid inventory for comparison shopping.

If you find a listing below $21,553.67, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2020 Hyundai Palisade a good car?

Yes — the 2020 Hyundai Palisade earns a 4.81/5 user rating and an 8.17/10 expert rating. The model scores 9/10 across Cost effectiveness and Technology.

Owners consistently praise the spacious interior, safety features, and strong value for money. They also highlight the luxurious feel and generous equipment, which helps the Palisade feel more upscale than its price suggests.

The main trade-off is fairly pedestrian performance, and the expert review also points to some quirks in the shifter design. Even so, for you if the priority is a roomy, comfortable, and versatile three-row SUV, the Palisade fits that use case well.

Only 28.2% of listings are priced as good or great deals, so the market still rewards careful shopping.

Is the 2020 Hyundai Palisade reliable?

Owners rate it 4.81/5, a strong signal of long-term satisfaction.

The owner summary points to a dependable-feeling SUV with a spacious cabin, strong value, and a generally trouble-free ownership impression. It also emphasizes the Palisade’s long-term appeal through its comfort, safety features, and generous equipment.

The expert review reinforces that impression by describing the Palisade as an upscale and versatile SUV that is easy to live with. It also notes that Hyundai packed in a lot of content for the money, which usually helps ownership feel satisfying over time.

For used buyers, the main long-term risk is less about outright durability and more about whether a specific example has been maintained well and avoided heavy use.

What should I look for when buying a used 2020 Hyundai Palisade?

At 73.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle-history report and then prioritize a pre-purchase inspection, especially if the listing price looks unusually attractive. Focus on body condition, signs of prior repair, and whether the cabin and equipment match the seller’s description.

Key things to evaluate:

• Trim level: The SE comes with acoustic-laminated glass, cloth upholstery, a 6-way adjustable driver’s seat, power-folding second-row seats, front and rear USB ports, a digital instrument panel, an 8-inch touchscreen, 18-inch alloy wheels, driver-assistance features, and parking sensors. The SEL adds second-row captain’s chairs, satin chrome exterior details, roof rails, push-button start, an 8-way power driver’s seat, heated front seats, dual-zone climate control, second-row automatic climate controls, and a leather-wrapped steering wheel. The Limited adds 20-inch wheels, LED headlights, side puddle lights, ambient cabin lighting, rain-sensing wipers, a dual sunroof, a hands-free smart power liftgate, leather upholstery, heated and cooled front seats, heated rear seats, driver’s seat memory, and power-folding third-row seats.
• Powertrain: You get a 3.8-liter V6 with 291 horsepower and 262 pound-feet of torque, paired with an 8-speed automatic transmission and front-wheel drive or available all-wheel drive. The review describes the power delivery as solid, with stronger response in Sport mode and a more relaxed feel in Comfort mode.
• Safety package: Every Palisade comes with forward-collision avoidance with pedestrian detection, lane-keeping assist, driver-attention warning, and parking sensors. The safety setup also includes a reversing camera, child-seat anchors, and a full array of front- and side-impact airbags. The blind-spot camera system uses the digital instrument panel to show a live side view when you signal.
• Infotainment: The standard setup is an 8-inch touchscreen with Apple CarPlay, Android Auto, and Bluetooth. The SEL can be upgraded to a 10.25-inch touchscreen with navigation, while the Limited gets that larger screen standard along with real-time traffic updates. The Limited also adds a Harman Kardon premium audio system, surround-view monitor, and head-up display.
• Fuel efficiency: The Palisade returns 19 mpg city, 26 highway, and 22 combined with front-wheel drive, or 19/24/21 with all-wheel drive.

Which 2020 Hyundai Palisade trim should I buy?

The 2020 Hyundai Palisade is offered in 3 trim levels: SE, SEL, and Limited.

Here's the short version:

• SE: This is the entry point, but it still gives you a lot: an 8-inch touchscreen, Apple CarPlay, Android Auto, a digital instrument panel, parking sensors, and a broad set of driver-assistance features. It makes sense if you want the lowest starting price and still want the core Palisade experience.
• SEL: This is the best-value trim. It adds captain’s chairs, heated front seats, dual-zone climate control, push-button start, roof rails, and a power driver’s seat, and it can be upgraded with the larger navigation screen and extra family-friendly tech. If you want the sweet spot between price and equipment, this is the one to target.
• Limited: This is the most luxurious version, with 20-inch wheels, LED headlights, ambient lighting, a dual sunroof, a hands-free liftgate, leather upholstery, heated and cooled front seats, heated rear seats, and more premium tech. Choose it if you want the most upscale Palisade and are willing to pay for it.

The safety package is standard across the lineup, so you do not need to move up a trim just to get the core driver-assistance features.

Is now a good time to buy a used 2020 Hyundai Palisade?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you compare listings carefully.

• Deal availability: 28.2% of listings are priced as good or great deals.
• Inventory: There are 2,102 listings available.
• Price trend: Prices have softened 9.95% compared with last year.
• Clean inventory: 73.5% of listings are accident-free.

If you find a listing below $21,553.67, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Hyundai Palisade's resale value?

The current average of $21,543 sits slightly below last year's $23,923.

That price movement suggests the Palisade has become more affordable for buyers, which can make it easier to move later if you price it competitively. For you as a future seller, the softer market means condition, mileage, and equipment will matter even more when it comes time to list. Well-kept examples with desirable features should stand out more clearly against the broader inventory.

Vehicles with strong owner satisfaction ratings, like this model year's 4.81/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Hyundai Palisade safe?

The Insurance Institute for Highway Safety named the 2020 Hyundai Palisade a Top Safety Pick+, its highest award.

It earns a 8/10 safety score from our experts.

Every Palisade comes with forward-collision avoidance with pedestrian detection, lane-keeping assist, driver-attention warning, and parking sensors. Standard safety equipment also includes a reversing camera, child-seat anchors, and a full array of front- and side-impact airbags.

The blind-spot camera system is a standout feature because it projects a live side view onto the digital instrument panel when you signal. That gives you extra visibility in traffic and around curbs.

Should I buy a 2020 Hyundai Palisade or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 28.2% of listings are priced as good or great deals.
• At 73.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 9.95% compared with last year.
• Owners rate it 4.81/5 — a strong satisfaction signal.
• The 2020 stands out for its upscale feel, strong value, and Top Safety Pick+ recognition.

Consider the 2021 if:

• At $24,031, the 2021 costs more than the current year's $21,543 average.
• It adds more standard equipment, expanded infotainment capabilities, and a new luxury-themed trim.

The bottom line: If you want the better value play, the 2020 is the smarter starting point because it already delivers strong safety, high owner satisfaction, and a lot of equipment for the money. If you are willing to spend more for added standard content and a newer model year, the 2021 is the better fit for you.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.