Used 2020 Hyundai Palisade for Sale near Nova Scotia

How much does the 2020 Hyundai Palisade cost?

Prices have softened 16.04% compared to this time last year, making it a favourable time to shop this model year.

There are 204 listings available, which suggests a healthy amount of inventory to compare.

Is the 2020 Hyundai Palisade a good car?

Yes — the 2020 Hyundai Palisade earns a 4.8/5 user rating, which points to strong owner satisfaction. Owners consistently praise its spacious interior, safety features, and great value for money, and many appreciate the luxurious feel and extensive equipment for the price. That lines up well with its role as a family-size, three-row SUV that aims to feel more upscale than its price suggests. With 30.4% of listings marked as good or great deals, you still have room to shop carefully.

Is the 2020 Hyundai Palisade reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

The owner feedback points to a dependable, trouble-free experience for many shoppers, especially those who value the Palisade’s long-term usefulness as a family SUV. At the same time, you should pay attention to reported transmission concerns and other owner complaints when evaluating a used example. For used buyers, that means a careful inspection and service-history review matter more than usual.

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’re patient.

• Deal availability: 30.4% of listings are priced as good or great deals.
• Inventory: There are 204 listings available.
• Price trend: Prices have softened 16.04% compared with last year.

If you find a listing below $25,237 CAD, 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 $25,237 CAD sits slightly below last year's $30,059 CAD.

That price drop suggests the market has already adjusted downward, which can help you buy at a more favourable entry point today. For a future seller, it also means resale expectations should stay realistic unless the vehicle is especially well kept and well equipped. Strong demand from family buyers can still support values, but the current trend shows you should not expect a quick rebound.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, tend to retain buyer demand, which supports resale value over time.

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:

• 30.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 16.04% compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.

Consider the 2021 if:

• At $26,920 CAD, the 2021 costs more than the current year's $25,237 CAD average.
• It adds more standard equipment and a new luxury-themed trim.

The bottom line: Choose the 2020 if you want the lower average price and a strong owner-satisfaction profile. If you’re willing to spend more for added equipment and a more premium trim range, the 2021 is the better secondary path.

How does the 2020 Hyundai Palisade compare to the 2020 Kia Telluride?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.