Hyundai’s Palisade Runout Offer Hints at Next-Gen Model Coming in 2025

If you’ve had your eye on the Hyundai Palisade, now might be the perfect time to make a move. Hyundai is currently offering a $3000 factory bonus across the entire MY24 Palisade range—including both petrol and diesel variants—as part of its runout sale. This promotional offer is a clear indication that the current model is making way for a new generation, which is expected to land in Australian showrooms sometime in 2025.

A Sweet Deal for Buyers

As part of this runout offer, Hyundai is offering substantial savings for Australian customers. The $3000 discount applies to both new and demonstrator models before on-road costs, effectively lowering the price for those looking to buy a Palisade before the next-generation model arrives.

But that's not all—Hyundai is also sweetening the deal with an additional $5000 deposit contribution for buyers who opt to finance their purchase through Hyundai Finance. This offer is available for private buyers who order and take delivery of their vehicle between November 25, 2024, and December 31, 2024.

For those interested in the specifics, this means you could get the base-spec Hyundai Palisade Elite for around $63,800 before on-road costs, while the top-of-the-range Palisade Calligraphy 2.2L Diesel 4WD variant could be yours for just $76,988.

Hyundai Australia confirmed that 71 units are available for the promotion, with a majority being the Calligraphy diesel variants, so if you're interested, it’s best to act quickly. To be eligible for the finance contribution, buyers must submit their finance applications by December 31, 2024, and complete the settlement by January 14, 2025.

What’s Coming for the Next-Generation Palisade?

While Hyundai has yet to officially reveal the next-generation Palisade, reports suggest that production for the updated large SUV will begin as soon as next month, with an Australian arrival anticipated in 2025.

A few significant changes are expected with the new generation. According to ETNews, the next Palisade could swap its current 3.8-litre petrol V6 for a new 3.5-litre turbocharged petrol V6—an engine already used in Hyundai's luxury brand Genesis. Meanwhile, the 2.2-litre turbo-diesel engine that powers the current model will likely be replaced by a 2.5-litre petrol-electric hybrid engine, which is in line with Hyundai’s push for more sustainable powertrains in light of tightening emissions regulations.

Hyundai Australia’s Chief Operating Officer, John Kett, previously stated that a hybrid powertrain for the next-generation Palisade makes more sense due to the incoming New Vehicle Emissions Standard. He noted, “A hybrid may need to be a replacement [for diesel and petrol engines], given the restrictions on emissions standards,” further hinting that the shift to hybrid engines could become a significant trend across Hyundai’s line-up.

Is It the Right Time to Buy?

With the launch of the next-gen Palisade looming on the horizon, the $3000 factory bonus and $5000 deposit contribution offer an attractive opportunity for buyers who want to get their hands on the current model at a reduced price. The deal allows you to enjoy the spaciousness, comfort, and features of the Palisade before the new model arrives—while also saving on the purchase price.

However, if you prefer the latest model with updated features and powertrains, you might want to hold off until 2025 to check out the new generation when it hits local showrooms. With hybrid and turbocharged engine options expected, the next Palisade promises to be an exciting addition to Hyundai’s SUV line-up.

Whether you choose to buy now or wait for the next-gen model, one thing’s for sure: Hyundai’s Palisade remains a compelling option for those in the market for a large family SUV with a premium feel.

Stay tuned for more updates as the 2025 Palisade approaches, and keep an eye on Hyundai's official announcements for all the details on the new model’s specs, pricing, and availability in Australia.