Hey Hackrs, for those of you interested in getting into a Palisade, be aware that most of Hyundai’s factories have been shut down due to the Coronavirus outbreak.
Essentially the only inventory that will be available for the next few months are going to be the current inventory that is on the ground now, and any Palisades that are already built and on a boat. The basic economics of supply and demand are going to be coming into play soon. You have a few options:
Find another SUV that fits your needs.
Hold off a few months. Wait it out until inventory starts coming in again. If you have a lease currently, see if you can extend it a few months. If you don’t have a car, refer to option 2.
Bite the bullet, lease the Palisade you want and accept that you are going to be paying more because of the lack of supply. You can use a broker like us to lower that increase, but you will still be paying more now than if you waited 3-5 months (or longer depending on how long it takes to contain the virus)
Bottom line, expect an increase in price on Hyundai Palisades starting now and next month.