2023 Hyundai Palisade Review
By Eric Brandt
Updated January 30, 2025
Pros
- Spacious, upscale interior
- Excellent standard and optional features
- Value pricing
- Luxurious upper trims
- IIHS Top Safety Pick+
Cons
- Just one engine option
- Controversial styling
What's New?
- Exterior and interior refresh
- More available tech features
- Standard rear side-impact airbags
- XRT model has arrived
The Hyundai Palisade is one of the newer competitors in the arena of midsize 3-row SUVs, and it’s quickly become one of our favorites. It does almost everything well as an SUV alternative to a minivan. It has a roomy and upscale interior with 3-row seating and a generous list of standard features. Also, this SUV can get pretty luxurious in the upper trims with premium comfort and tech features. Families will appreciate its IIHS Top Safety Pick+ status.
The Palisade primarily competes with midsize SUVs like the Toyota Highlander, Chevrolet Traverse, and the mechanically similar Kia Telluride. A couple of SUVs have more seating space, and some offer a hybrid option, but the Palisade is one of the most well-rounded SUVs in this competitive segment.
The Hyundai Palisade is relatively new, but it’s already received a mid-cycle refresh for the 2023 model year. Updates include an aesthetic refresh inside and out, more optional tech features like a camera mirror and a WiFi hotspot, and standard rear side-impact airbags. This facelift took a good SUV and made it even better.
New for the 2023 model year is the Palisade XRT, a rugged-looking model with dark 20-inch alloy wheels, a dark grille, revised bumpers, black roof rails, a power sunroof, and synthetic leather upholstery in black.
2023 Hyundai Palisade Pricing
2023 Hyundai Palisade pricing starts at $24,400 for the Palisade SE Sport Utility 4D, which had a starting MSRP of $37,235 when new. The range-topping 2023 Palisade Calligraphy Sport Utility 4D starts at $32,700 today, originally priced from $53,085.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
|---|---|---|---|---|
$37,235 | $24,400 | |||
$40,235 | $26,400 | |||
$42,535 | $28,700 | |||
$50,685 | $31,600 | |||
$53,085 | $32,700 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Hyundai Palisade models in typical condition when purchasing from a dealership. These prices are updated weekly.
Driving the Hyundai Palisade
The Hyundai Palisade does an excellent job of providing a minivan-like driving experience in the form of an SUV. That’s not a bad thing — this is a comfortable family cruiser on city streets and highway road trips.
The standard V6 engine delivers satisfying thrust, but the overall performance is about average for this class. The 8-speed automatic transmission provides quick and smooth shifts. The handling is composed for an SUV this size, but you’ll still get some body roll if you take a turn too fast.
All-wheel drive (AWD) is optional on the Palisade, but don’t expect rugged off-road capabilities. AWD gives it more confidence-inspiring traction on snowy roads, making it a good option for families in cold climates with harsh winters.
Interior Comfort
The inside of the Hyundai Palisade feels like a more expensive SUV. The interior design is upscale, the materials are lovely, and the seats are comfortable. A new option is an Ergo Motion driver’s seat derived from the Genesis luxury brand. It’s a specially designed seat with air cells inside for enhanced support and comfort.
Hyundai updated the interior design for 2023 with a new instrument panel, gauge cluster, steering wheel design, and seating surfaces. These updates keep the Palisade fresh, modern, and high-tech.
The Palisade can seat up to eight people, which drops to seven if you opt for second-row captain’s chairs. The second row is roomy and comfortable, and even the third row is spacious enough for adults. On top of the roomy seating space, the Palisade has a pretty big cargo hold.
Exterior Styling
The styling of the Hyundai Palisade is a bit controversial. It has a bit of a love-it-or-hate-it aesthetic, but we think it looks pretty nice. For 2023, it gets a new front and rear bumper fascia, a new front grille, a new headlight design, and new wheel designs. The higher you go in the model range, the more premium the aesthetic.
The size of the Palisade is about average for a midsize 3-row SUV. The dimensions are very similar to the Kia Telluride, Honda Pilot, and Toyota Highlander.
Favorite Features
HEATED THIRD-ROW SEATS
This is an uncommon comfort feature in midsize SUVs. If you regularly have passengers in the third row and live in a cold climate, your passengers will appreciate this available feature.
REMOTE SMART PARKING ASSIST
With this available tech feature, you can remotely park or exit a parking spot from outside the vehicle using the key fob.
Standard Features
The base Hyundai Palisade is well-equipped for its price point. Standard features include alloy wheels, LED projector headlights, 3-row seating for up to eight, one-touch sliding second-row seats, Android Auto, Apple CarPlay, and new USB-C ports in the first and second rows.
The Palisade comes with many standard safety and driver assistance tech features. These include automatic emergency braking, lane-keeping assist, driver attention warning, automatic high beams, rear parking sensors, full-speed adaptive cruise control, rear occupant alert, blind-spot monitoring, rear cross-traffic alert, and Safe Exit Assist. You also get nine standard airbags.
Factory Options
The Palisade has many desirable options available throughout the model range, some of which are new for 2023. Interior comfort and convenience options include an Ergo Motion driver’s seat, heated seats in all three rows, leather upholstery, second-row captain’s chairs, and a dual-pane sunroof.
Some optional tech features include a 12-inch screen with navigation and a Wi-Fi hotspot, navigation-based adaptive cruise control, a camera mirror, Digital Key 2 Touch, a wireless charging pad, and Hyundai’s Remote Smart Parking Assist.
Whether you want an affordable family SUV with nice standard features or a near-luxury SUV without a premium price tag, there’s something in the Palisade model range for just about everyone in the market for a 3-row SUV.
Engine & Transmission
The sole engine option in the Hyundai Palisade is adequate but nothing special. This 3.8-liter V6 engine is par for the course in this segment regarding performance and fuel economy. It’s linked to an 8-speed automatic transmission.
Like most SUVs in this class, front-wheel drive is standard, and all-wheel drive is optional.
3.8-liter V6
291 horsepower @ 6,000 rpm
262 lb-ft of torque @ 5,200 rpm
EPA city/highway fuel economy: 19/26 mpg (FWD), 19/24 mpg (AWD)
New Hyundai Palisade Deals and Incentives
3.9% APR | 60 months
Get 3.9% Financing for up to 60 months on a new 2027 PALISADE HYBRID SEL for well qualified buyers.
$750 Total Cash
Get up to $750 Total Savings on a new 2027 PALISADE HYBRID SEL.
$429 /mo | 36 months | Due at Signing
Closed end lease for a new 2027 PALISADE HYBRID SEL for $429/mo for 36 months with $3999 due at lease signing for well-qualified lessees.
2023 Hyundai Palisade
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2023 Hyundai Palisade Values and Prices
Style | Trade-In Value | Private Party Value | Fair Purchase Price | ||
|---|---|---|---|---|---|
$17,300 | $22,800 | $24,400 | |||
$21,700 | $24,600 | $26,400 | |||
$24,100 | $26,700 | $28,700 | |||
$25,300 | $29,700 | $31,600 | |||
$26,800 | $30,700 | $32,700 |
2023 Hyundai Palisade Depreciation
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2023 Hyundai Palisade Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2023 | - | $32,170 | $29,448 | ||
2024 | $3,483 | $28,687 | $26,031 | ||
2025 | $5,222 | $23,465 | $20,988 | ||
Now | $665 | $22,800 | $17,300 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2023 Hyundai Palisade Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Specifications
Dimensions, Weights & Capacities
Curb Weight | 4171 lbs. | ||
|---|---|---|---|
Fuel Capacity | 18.8 gallons | ||
Front Head Room | 40.7 inches | ||
Front Leg Room | 44.1 inches | ||
Max Seating Capacity | 8 | ||
Minimum Ground Clearance | 7.9 inches | ||
Overall Length | 196.7 inches | ||
Front Shoulder Room | 61.2 inches | ||
Towing Capacity, Maximum | 5000 lbs. | ||
Turning Diameter | 38.7 feet | ||
Wheel Base | 114.2 inches | ||
Gross Vehicle Weight Rating (GVWR) | 5732 lbs. |
Exterior
Alloy Wheels | Available | ||
|---|---|---|---|
Number of Doors | 4 doors | ||
Privacy Glass | Available | ||
Roof Rails | Available | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
Fuel Economy
City | 19 mpg | ||
|---|---|---|---|
Highway | 27 mpg | ||
Combined | 22 mpg |
Mechanical
Drivetrain | FWD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Regular | ||
Hill Descent Control | Available | ||
Hill Start Assist | Available |
Performance
Horsepower | 291 @ 6000 RPM | ||
|---|---|---|---|
Torque | 262 @ 5200 rpm | ||
Engine | V6, GDI, 3.8 Liter |
Warranty
Basic | 5 years / 60000 miles | ||
|---|---|---|---|
Powertrain | 10 years / 100000 miles | ||
Corrosion | 7 years / Unlimited miles |
Comfort & Convenience
Entertainment
Interior
Seating
Security
Technology
2023 Hyundai Palisade Safety
Safety Features & Technology
Highway Driving Assist
Highway Driving Assist
This system helps maintain a safe distance from the car in front of you while keeping you centered in your lane.
Navigation-based Smart Cruise Control
Navigation-based Smart Cruise Control
Adaptive cruise control has become pretty common, but in the Palisade, it uses navigation data to adjust your speed for upcoming curves if necessary.
Forward Collision-Avoidance Assist
Forward Collision-Avoidance Assist
The Palisade can automatically apply the brakes if it detects a potential accident with forward collision-avoidance assist and available rear collision-avoidance assist.
Crash Test Rating
Compare to Similar Vehicles
![]() Used 2023 Hyundai Palisade | ![]() Used 2023 Toyota Venza | ![]() Used 2023 Subaru Outback | ![]() Used 2025 GMC Terrain | ||
|---|---|---|---|---|---|
| Price | $24,400 | $29,600 | $22,900 | $26,300 | |
| KBB.com Rating | 4.6 | 4.4 | 4.6 | 4.2 | |
| Consumer Rating | 4.1 | 4.6 | 4.0 | 4.0 | |
| Fuel Economy | City 19/Hwy 27/Comb 22 MPG | City 40/Hwy 37/Comb 39 MPG | City 26/Hwy 32/Comb 28 MPG | City 26/Hwy 28/Comb 27 MPG | |
| Fuel Type | Gas | N/A | N/A | Gas | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | N/A | N/A | N/A | $51,606 | |
| Safety Rating | N/A | 5.0 | 5.0 | N/A | |
| Seating Capacity | 8 | 5 | 5 | 5 | |
| Basic Warranty | 5 years or 60000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
| Horsepower | 291 @ 6000 RPM | 219 @ 5700 RPM | 182 @ 5800 RPM | 175 @ 5600 RPM | |
| Engine | V6, GDI, 3.8 Liter | 4-Cyl, Hybrid, 2.5 Liter | 4-Cyl, 2.5 Liter | 4-Cyl, Turbo, 1.5 Liter | |
| Drivetrain | FWD | AWD | AWD | FWD |
2023 Hyundai Palisade Rankings
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FAQs
How much is a 2023 Hyundai Palisade?
The 2023 Hyundai Palisade ranges in price from $34,950 (SE FWD) to $50,800 (Calligraphy AWD).
Is the 2023 Hyundai Palisade a good SUV?
The Hyundai Palisade is a top choice in midsize 3-row SUVs for its roomy, upscale interior, excellent standard tech features, and luxurious options.
How much can a 2023 Hyundai Palisade tow?
The Palisade can tow up to 5,000 pounds.
Is the 2023 Hyundai Palisade a good vehicle?
Yes, the 2023 Hyundai Palisade is a good car, as reflected by its above-average Kelley Blue Book rating of 4.6 out of 5.
What is the MPG for a 2023 Hyundai Palisade?
The 2023 Hyundai Palisade is rated to return city/highway fuel economy of 19/27 mpg.
How much should a 2023 Hyundai Palisade cost?
Used 2023 Hyundai Palisade prices currently range from $24,400 for the SE Sport Utility 4D to $32,700 for the Calligraphy Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
What's the cheapest Hyundai Palisade?
The cheapest 2023 Hyundai Palisade is the SE Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $24,400.
Is the 2023 Hyundai Palisade reliable?
The 2023 Hyundai Palisade is part of the 1st-generation Palisade, which our owners give an above-average reliability rating of 4.1 out of 5.






