Used 2023 Hyundai Palisade for Sale nearScarborough, ON

How much does the 2023 Hyundai Palisade cost?

Prices have softened 12.92% compared to this time last year, making it a favourable time to shop this model year.

There are 366 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2023 Hyundai Palisade a good car?

Yes — the 2023 Hyundai Palisade earns a 5/5 user rating and an 8.83/10 expert rating. The model scores 9/10 across Look and feel, Form and function, Cost effectiveness, Technology, and Safety.

Owners consistently praise its great value, comfortable ride, and excellent features, and they also highlight its spaciousness, especially in the third row. In use-case terms, that makes it a strong fit if you want a family SUV that feels more premium than many rivals.

The main trade-offs are that AWD is not standard in the broader market context and some drivers want more engine power, folding side view mirrors, and wireless Apple CarPlay. Even so, the listing mix shows 30.9% good or great deals, which supports the case for shopping carefully.

Is the 2023 Hyundai Palisade reliable?

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

User feedback points to a vehicle that feels reliable, dependable, and trouble-free for everyday family use, with owners especially appreciating its comfort and value. The expert test drive notes a five-year/100,000-kilometre new vehicle limited warranty, which also covers the powertrain for the same period.

For used buyers, that combination lowers ownership anxiety, but you should still verify maintenance history and confirm that all safety and tech features are working as expected.

What should I look for when buying a used 2023 Hyundai Palisade?

Key things to evaluate:

• Trim level: Preferred is the entry point with cloth seats, a single sunroof, and fewer premium touches, while Urban adds leatherette upholstery, ventilated front seats, and a 12.3-inch digital instrument cluster. Ultimate Calligraphy brings the most upscale cabin, including Premium Nappa leather, ventilated rear seats, a dual-pane sunroof, approach lighting, and a more distinctive exterior treatment.
• Powertrain: You get a single 3.8-litre V6 with 291 horsepower and 262 pound-feet of torque, paired with an eight-speed automatic transmission and standard AWD. It is capable for towing and everyday driving, but it is not intended for rock-crawling.
• Safety package: Hyundai Smart Sense is standard, with forward collision avoidance, driver attention warning, high beam assist, lane-keeping assist, lane-following assist, blind-spot collision avoidance, rear cross-traffic collision avoidance, adaptive cruise control with stop and go, safe exit warning, and rear seat occupant alert. Highway Driving Assist I is standard on Urban, while Highway Driving Assist II is standard on Ultimate Calligraphy.
• Infotainment: A 12.3-inch colour touchscreen is standard with Apple CarPlay, Android Auto, navigation, HD Radio, SiriusXM satellite radio, and Bluetooth. Urban and Ultimate Calligraphy add a 12.3-inch digital instrument cluster, and Ultimate Calligraphy also gets a wireless charger and colour head-up display.
• Fuel efficiency: The Palisade consumes 12.6 litres per 100 kilometres in city driving, 9.5 on the highway, and 11.2 combined.

Which 2023 Hyundai Palisade trim should I buy?

The 2023 Hyundai Palisade is offered in 3 trim levels: Preferred, Urban, and Ultimate Calligraphy.

Here's the short version:

• Preferred: This is the value play if you want the Palisade’s core strengths without stretching to a higher price. You still get the standard safety suite, the 12.3-inch infotainment system, heated front seats, a heated steering wheel, and the roomy three-row layout that makes this SUV appealing in the first place.
• Urban: This is the best-value upgrade if you want a more premium feel without going all the way to the top trim. It adds leatherette upholstery, ventilated front seats, a 12.3-inch digital instrument cluster, and Hyundai’s Highway Driving Assist I, making it a smart middle ground.
• Ultimate Calligraphy: Choose this if you want the most luxurious version, with Premium Nappa leather, ventilated rear seats, a dual-pane sunroof, a head-up display, Highway Driving Assist II, and the most distinctive exterior and interior presentation.

The safety package is standard across the lineup, but the more advanced Highway Driving Assist features are reserved for higher trims.

Is now a good time to buy a used 2023 Hyundai Palisade?

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

• Deal availability: 30.9% of listings are priced as good or great deals.
• Inventory: There are 366 listings available.
• Price trend: Prices have softened 12.92% compared with last year.

If you find a listing below $40,515 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Hyundai Palisade's resale value?

The current average of $40,515 CAD sits slightly below last year's $46,529 CAD.

That price movement suggests the market has cooled enough to help buyers today, but it also means a future seller may need to be more competitive on asking price. If you buy well now, you may have less downside risk than someone who paid closer to the prior-year average.

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

Is the 2023 Hyundai Palisade safe?

The 2023 Hyundai Palisade earned a Top Safety Pick+ from the Insurance Institute for Highway Safety (IIHS).

It earns a 9/10 safety score from our experts.

Hyundai Smart Sense is standard, and it includes forward collision avoidance, driver attention warning, high beam assist, lane-keeping assist, lane-following assist, blind-spot collision avoidance, rear cross-traffic collision avoidance, adaptive cruise control with stop and go, safe exit warning, and rear seat occupant alert. Urban adds Highway Driving Assist I, while Ultimate Calligraphy gets Highway Driving Assist II and a full-display digital rearview mirror.

The main caveat is that some of the more advanced driver-assistance features are trim-dependent, so you will want to confirm exactly which version you are considering.

Should I buy a 2023 Hyundai Palisade or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 30.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.92% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The 2023 adds a facelift plus more standard and optional tech and safety features.

Consider the 2022 if:

• At $32,700 CAD, the 2022 costs less than the current year's $40,515 CAD average.
• It offers standard AWD and a spacious, upscale-feeling three-row layout.

Consider the 2024 if:

• At $43,956 CAD, the 2024 costs more than the current year's $40,515 CAD average.
• It builds on the refresh with upscale materials and thoughtful amenities.

The bottom line: If you want the best balance of updated equipment, strong owner satisfaction, and a softer market, the 2023 is the primary pick. If price matters most, the 2022 is the cheaper route; if you want a newer model-year alternative and can spend more, the 2024 is worth a look.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.