Hyundai is offering significant discounts on the current-generation Palisade SUV as part of a runout sale, anticipating the arrival of a new model in 2025. This promotion provides an opportunity for buyers to secure the popular large SUV at reduced prices before the next-generation model hits the market.
Runout Offers:
- Discounts available on in-stock MY24 Palisade models.
- Hyundai is providing a $3,000 bonus and a $5,000 runout bonus, along with a deposit contribution to Hyundai Finance.
Current Model Specifications:
- Available with a 3.8-liter V6 petrol engine or a 2.2-liter diesel engine.
- Offers both front-wheel drive and all-wheel drive options.
- Features include a 12.3-inch digital instrument cluster, 12.3-inch touchscreen infotainment system, and advanced safety technologies.
Upcoming Model Changes:
- The new-generation Palisade, codenamed LX3, is expected to feature significant design and technological updates.
- Production is set to begin in December 2024, with Australian deliveries anticipated in 2025.
- The new model will introduce hybrid powertrains, replacing the current diesel option.
Design and Technology Enhancements:
- Spy photos suggest a boxier design inspired by Range Rover styling cues.
- Expected to include dual 12.3-inch displays and Hyundai's latest infotainment system.
- New safety features and semi-autonomous driving capabilities anticipated.
Market Context:
- The Palisade competes in the large SUV segment against models like the Mazda CX-9 and Toyota Kluger.
- Hyundai sold nearly 4,000 Palisades in Australia last year.
Pricing Context:
- Current prices for the Palisade start at $66,800 plus on-road costs for the Elite FWD V6 variant.
- The Calligraphy Black Ink variant sees price increases of up to $1,731 before on-road costs.
As Hyundai prepares to launch the next-generation Palisade with advanced features and hybrid powertrains, the current runout sale offers buyers a chance to purchase the existing model at attractive prices. This strategic move helps Hyundai manage inventory while building anticipation for the upcoming model's debut in 2025.