Hyundai Palisade Finally Available With 0% APR, But There’s A Catch
Did you get a better deal on one of Hyundai’s best performing crossovers available on the market? Well listen, because it could be that good when it comes to the Hyundai Palisade. As of September 9, 2020, Hyundai announced that 2020 Palisades can be obtained at an annual rate of 0% for up to 48 months. According to Cars Direct, this is also the first time that a zero rate financing program has been applied since the introduction of the Palisade more than a year ago. So if you’ve been on the fence, now’s a good time, right? Well, above all.
It’s pretty clear that this 0% for 48 months is great and is great news for those looking for the best possible deal on this $ 35,000 crossover. Previously you could only go as low as 1.9% which had a cost difference of around $ 1375 before adding taxes and fees. Want something a bit long term? Then you’ll be happy to know that the 72-month rate has dropped from 3.9% to just 2.9%, which is about $ 1,100 less than before. However, the 60-month rate retains the 1.9% rate. With this new 48-month, 0% APR offer, the Palisade can now be cheaper to buy than its close cousin, the Kia Telluride, which still has the lowest APR at 1.9%.
So you are ready to have one, right? Wait, because the 2020 stock of the Palisade is still suffering from a national shortage. As the 2021 palisades start arriving at dealerships, the 2020 units are still hard to come by, leaving buyers to do the research in order to close this deal. Additionally, those looking for changes in rental prices will be disappointed, as they are virtually unchanged. Based on Cars Direct’s research, a 36-month lease for an SE-trimmed Palisade in Los Angeles still costs $ 339 with $ 3,499 at signing.
Either way, this new offering comes at a very welcome time. For a while, we’ve seen deals for the more expensive picket fence than the similarly priced Telluride. Not to mention the price increases earlier this year. This offer is valid until November 2 of this year, so expect stocks for 2020 to sell out very quickly. That’s if people can find them.