Hyundai Palisade Monthly Installment

by Leland Morrison, on 5 February 2024

Hyundai Palisade Hyundai Palisade

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The Hyundai Palisade is the embodiment of luxury, comfort, and advanced technology, all packaged within a sophisticated and spacious SUV design. Available in 7- or 8-seat configurations, it caters to a diverse range of consumer needs, offering plentiful room and a host of amenities.

The Palisade’s exterior boasts a striking black chrome radiator grille, elegantly paired with 20” alloy wheels and dual sunroofs, making it a head-turner on the road. Inside, full leather seats and innovative features like a leather multifunction steering wheel, 12.3” LCD supervision cluster, and Infinity surround sound system demonstrate Hyundai’s commitment to a first-class travel experience.


The evolution of the Hyundai Palisade signifies a step forward in Hyundai's commitment to superior craftsmanship and innovation. With every new edition, the Palisade has refined its features to offer a more luxurious ride, enhanced safety, and broader customization options to meet the elevated expectations of modern drivers.

A continuous development in infotainment with Apple CarPlay & Android Auto, passenger comfort with heated and ventilated seats, and safety with Hyundai Smart Sense, ensures that the Palisade remains a competitive force in the bustling SUV market.


The Hyundai Palisade is available in a range of variants, each with its own set of features and price tag. The base model starts at R1,204,500, while the top-of-the-line variant is priced at R1,204,500. The price of a particular variant depends on its engine, transmission, and other features.

Variant Price
R2.2 Elite 7 Seater 8AT AWD R1,204,500
R2.2 Elite 8 Seater 8AT AWD R1,204,500

Additional Costs to Consider:

Monthly Installment

Monthly payments for the Hyundai Palisade vary between R21,107 and R24,659

The following table provides a few example calculations using the prime interest rate + 2% (13.75%) over a period of 6 years or 72 months.

Variant Price Installment 10% deposit 10% deposit and residual
R2.2 Elite 7 Seater 8AT AWD R1,204,500 R24,659 R22,193 R21,107
R2.2 Elite 8 Seater 8AT AWD R1,204,500 R24,659 R22,193 R21,107

The installment goes down when a 10% deposit is provided and even further when a 10% residual is added

Factors affecting your monthly installment:

Minimum monthly salary

Banks typically recommend not spending more than 15% of your monthly salary on a car repayment. With that in mind, here is the recommended monthly salary for each variant:

Minimum Salary
Variant No deposit 10% deposit 10% deposit and residual
R2.2 Elite 7 Seater 8AT AWD R164,391 R147,952 R140,714
R2.2 Elite 8 Seater 8AT AWD R164,391 R147,952 R140,714


With its 4,980 mm overall length, 1,975 mm width, and 2.2L diesel engine, the Hyundai Palisade firmly sits in the mid-large size SUV-D segment, providing ample space and engine capacity indicative of a vehicle designed for both performance and luxury transport. The table below gives a comparison to other alternatives in the SUV-D segment.

Name Monthly From Monthly To Popularity
Ford Everest R14,853 R25,076 No Data
Hyundai Santa Fe R15,526 R22,407 No Data
Kia Sorento R15,569 R22,908 Very Low
Toyota Land Cruiser Prado R19,899 R27,625 No Data
Hyundai Palisade R21,107 R24,659 No Data


Tips to Secure the Best Monthly Installment Deal

Securing the best monthly installment deal is crucial for managing your finances effectively. Whether you're financing a car, home, or any other purchase, a favorable installment plan can save you money and reduce financial strain. Here are some tips to help you land the best deal:

  1. Research & Compare: Investigate various lenders, comparing their rates, terms, and fees using online tools.
  2. Check Credit Score: A better score can lead to lower rates. Regularly review and work on improving it.
  3. Negotiate: Don't settle for the first offer. Be informed about market rates and available promotions.
  4. Choose Shorter Terms: Longer terms might have smaller payments but higher interest. Opt for shorter terms if possible.
  5. Consider a Deposit: A significant deposit can reduce monthly payments and possibly get a better rate.
  6. Understand the Terms: Be clear on all conditions, especially penalties for early or missed payments.
  7. Maintain Your Budget: Determine your monthly limit and stick to it. Avoid tempting deals that exceed it.
  8. Seek Pre-approval: It provides clarity on what you qualify for and aids in negotiations.

By being diligent, informed, and proactive, you can secure a monthly installment deal that aligns with your financial goals and provides peace of mind.


Understanding the Hyundai Palisade's price and monthly installment options is crucial for those considering this luxury SUV. The vehicle's upfront cost and long-term expenses can vary, dependent on the chosen model, features, and financing terms.

Potential buyers should engage in thorough research, examining detailed specifications and seeking the advice of financial advisors before making this significant investment. A well-informed decision ensures a purchase that aligns with personal budgets and lifestyle requirements while allowing them to enjoy the Palisade's remarkable attributes.